A letter from Joseph A. Horning, President of Shorewest, REALTORS® 2012 was truly a rebound year for the real estate market in Wisconsin. I am proud to present that Shorewest Realtors helped over 10,700 families buy and sell their homes. Throughout the year, the nation saw strong growth in home sales, indicating that buyers are [...]
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Posts Tagged ‘mortgage rates’
Housing Sales Continued Strong in 4th Quarter
My Best Advice to Home Buyers
From John Inzeo, Wisconsin Mortgage Corporation Many potential home buyers ask us what the most important first step in acquiring financing for their home purchase. The answer is easy — get an authentic pre-approval! All too often we hear lenders exclaim that they can pre-approve buyers without accessing their credit report. Simply put, this is [...]
Largest One-Month Homebuilder Confidence Gain in 10 years
Homebuilder confidence rose six points in July, according to a new report from the National Association of Home Builders (NAHB). This is the largest recorded increase in a decade. In conjunction, the Home Price Index reached its highest point on Tuesday since March of 2007. According to Business Week this exceeded the most optimistic projection [...]
Record Low Mortgage Rates!
Mortgage rates are at record lows. Contact Wisconsin Mortgage Corporation today to get financing for your new home – or refinance the home you already enjoy. Here’s a great article to check out from CNN. http://money.cnn.com/2012/05/10/real_estate/mortgage-rates/index.htm
The Ups and Downs of Mortgage Rates
As of today interest rates on a 30 year mortgage with no points is hovering around 3.875%. You may wonder if that is a good rate. Revisiting the past can shed some light on this question. If we look back 10 years it was January 2002. We had just lived through the horrific events of [...]
Don’t wait for a better market. Sell now.
NAR says that 13,780 houses sold yesterday and 13,780 houses will sell today (based on 2011 sales figures). So….houses are selling. Interest rates are around 4%, meaning that borrowing $100,000 for a 30 year mortgage results in a monthly payment of roughly $478/month! We know already that it’s a “no brainer” for a renter to [...]
Mortgage Rates at Historic Lows TODAY…Act Now!!
Are you interested in buying a home? Act TODAY! Right now, at Wisconsin Mortgage Corporation, both the conventional fixed rate 30-year mortgage and the FHA 30-year mortgage are at a rate of 4.00 %!! “Borrowers who want to lock in historically low rates should act fast,” says John Inzeo, vice president of Wisconsin Mortgage Corporation. [...]
Shorewest, Realtors® Releases Quarterly Corporate Newsletter
August 8, 2011 Contact: Wendy Norem Marketing Director Shorewest, Realtors® (262) 827-4111, ext. 232 FOR IMMEDIATE RELEASE Shorewest, Realtors® Releases Quarterly Corporate Newsletter Brookfield, Wisconsin. Are you searching for a resource to learn more about the real estate market in Wisconsin? Shorewest, Realtors® quarterly corporate newsletter is now available on Shorewest.com <http://www.shorewest.com/enewsletter/index.html>. The newsletter is [...]