Mortgage delinquency is typically a good marker for revealing economic distress. If you’re in the market to buy or sell a home, or make an investment, knowing the mortgage delinquency rate is important. The Consumer Financial Protection Bureau has data, and graphs showing where the market was in 2008 compared to today. https://www.consumerfinance.gov/…/mortgages-90-or-more…/ Contact Counsel...
Category: Mortgage Rates
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HISTORIC LOWS
You may have heard that rates have increased slightly. Nonetheless the rates are still historically low. It is still a good time to buy, or refinance. You can check rates daily. Contact Counsel Mortgage Group. We offer a variety of products and services, ask us how we can assist you today. Counsel Mortgage Group®, LLC...
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IS THIS A TYPO?
Wait! Did I read that right? You meant to say 3%, not 2%, right? I mean, I talk to my friends and they’re telling me they are getting rates under 3%. So this is a typo, isn’t it? Well, there are a few lenders out there that are advertising rates under 2% on...
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LOW RATES ARE HERE
Are you in the market to purchase a home? Maybe you’re in the preliminary stages and looking at home listings online. Have you found a few homes you are interested in but you are not sure where to begin? A good place to start is knowing the current rates. We post the rates daily...
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NOW IS THE TIME TO LOCK IN A RATE
Today’s interest rates are at an all-time low. You may want to lock in a low rate while you can. Rates are subject to change. Interest rates, like stocks, change daily; it is hard to predict whether the rate will go up or down. It is best to see what your payment is...
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NOW OR LATER?
The interest rates have remained low and are currently under 3%. Waiting to buy a home may not be the best decision, rates are subject to change. There’s no guarantee rates will remain low. Choosing to buy now may give more purchasing power than if you wait until later. It is also a...