Month: August 2013

Don't Expect Too Much Inventory in September

From Record Flooding to Record Pricing I hate to be the bearer of bad news, but based on what I’m seeing,there is not going to be much relief in the way of new inventory in September. I’ve covered much of the why …

Mortgage Rates for the Rest of the Year? Approaching 5%.

Mortgage rates are at a two-year high, as the stock market sorts out how to deal with QE3 tapering.  There is consensus about the direction of rates from the mortgage brokers I work with, anticipating rates on 30-yr fixed mortgages approaching 5% by …