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What’s Causing the Rise in Mortgage Rates?

Posted November 1, 2018  |   Topics: Home Financing & Renovation

For the past decade, borrowers have enjoyed historically low mortgage rates. So why are rates suddenly on the rise?

A strong economy tends to force mortgage rates up because of inflationary fears. Rising inflation causes fixed-income investments, such as bonds, to lose value. And that causes their yields to rise. Mortgage rates usually follow long-term bond yields. When yields go up, home loan rates tend to go up, as well.

Can’t Find Your Dream Home?

Posted October 1, 2018  |   Topics: Home Financing & Renovation

Build it instead.

We all want a home that reflects our tastes, sensibilities and unique styles. But sometimes, it doesn’t exist. At least, not yet. Here’s a quick guide to building your dream home.