In a move that surprised the financial markets, the Federal Reserve has said it is not yet ready to wind down its massive monetary stimulus, and that is believed to be positive news for Gulf Shores mortgage rates. The surprise announcement from the Fed means it might not begin to wind down its bond buying […]
What You Need to Know About Rising Mortgage Rates
By now, unless you've been living in a closet for the past few weeks, you already know that mortgage rates have been inching up. If history is any indication, the recent spike in mortgage rates is going to have little to no impact on home prices, according to a new report from Fannie Mae. Whether […]
Rising Mortgage Rates and Low Inventory Equals Sellers Market
Mortgage rates are on the rise, and home buyers are trying to get in before they go higher. In the Gulf Shores area, rising mortgage rates and low inventory are combining to drive up prices and turn things into a seller's market. CBS's Anthony Mason reports… Potential Gulf Shores home buyers need to be vigilant […]
Low Gulf Shores Mortgage Rates Come To An End
The days of record low Gulf Shores mortgage rates have apparently come to an end as fixed-mortgage rates hover around 4%. And while there are many saying that rising rates won't hurt the housing market, others are more concerned. Many analysts seem to agree that if Gulf Shores mortgage rates rise much more above where […]
Rising Rates Bad for Gulf Shores Housing
Gulf Shores housing is facing what some financial experts call "very concerning circumstances" when it comes to rising mortgage rates. Peter Tchir of TF Market Advisors, a New York research, asset management, and consulting firm, puts it quite simply, "Rising rates are bad, particularly bad when it comes to one of the bright spots for […]
Getting a Mortgage For a Gulf Shores Property
Thinking of buying a Gulf Shores property? Mortgage rates are still near all-time lows, but are being pulled in different directions right now. Borrowers who want to grab these unbelievable rates should act now before the tug-o-war ends. The Federal Reserve has been doing whatever it can to hold rates down, including printing billions of […]
Gulf Shores Mortgage Rates Continue Ticking Upward
Gulf Shores mortgage rates increasing, along with increased home prices and diminishing inventory, are setting the stage for some procrastinating home buyers to soon realize they may have missed the bottom of the housing market, and the best time ever to buy a home. What Has Gulf Shores Mortgage Rates (As Well As Rates Nationwide) […]