What’s going on in the market? Here’s a broad look at the trends I’m encountering today in the southeastern Wisconsin real estate world. Single Family Homes The media is reporting record high sales prices and record low days on market before sale. This is all true. What they’re not telling you is that inventory is […]
Housing Market Update
7 November, 2017-Blog
Understanding Adjustable Rate Mortgages / ARM
10 July, 2017-Blog
Fixed rate mortgages Fixed rate mortgages are easy to understand; the mortgagor (borrower) agrees to pay back a loan to the mortgagee (lender) at an interest rate that never changes. For example, a “30-year fixed” mortgage is the most common mortgage. The borrower agrees to pay back the loan over 30 years at a rate […]
Three Quick Tips for Buyers in a Seller’s Market
24 April, 2017-Blog
My eyebrows are a little higher after reading two articles. Mortgage rates are falling. The first is from the venerable Wall Street Journal, and the title says it all. “Mortgage-Rate Drop Helps Buyers.” The article isn’t online at the time I wrote this blog, so pick up a copy of the Monday 04/24/17 edition and […]
Election Results and Mortgages
15 November, 2016-Blog
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