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Home Affordability Sinks For The First Time In 12 Months

Rising home prices are taking a toll on today’s home buyers. For the first time in 4 quarters — and despite falling mortgage rates — home affordability is sinking.

Posted in: Blog Tagged: HOI, Home Affordability, NAHB

Home Purchasing Power Jumps To New Highs

With mortgage rates down to all-time lows, you can buy a lot more home for your money these days. Home affordability is at an all-time high.

Posted in: Blog Tagged: Home Affordability, Home Values, Mortgage Rates

Mortgage Payments Fall To All-Time Lows

Today’s mortgage rates are a bargain as compared to just 1 year ago.

Posted in: Blog Tagged: Freddie Mac, Home Affordability, Mortgage Payments

30-Year Fixed Rate Mortgage Rates Fall To 3.78% Nationwide

For the fifth consecutive week, conforming 30-year fixed rate mortgage rates have dropped to new all-time lows.

Posted in: Blog Tagged: Freddie Mac, Home Affordability, PMMS

Home Affordability Reaches New High In Q1 2012

Never before in recorded history have so many homes been affordable to households earning a moderate annual income.

Posted in: Blog Tagged: HOI, Home Affordability, NAHB

Make A Mortgage Rate Plan Ahead Of The Jobs Report

Been shopping for a mortgage rate? You may want to lock something down. Tomorrow morning, mortgage rates are expected to change. Unfortunately, we don’t know in which direction they’ll move.

Posted in: Blog Tagged: Home Affordability, Jobs Report, Non-Farm Payrolls

Mortgage Rates Fall Back Below 4%

After a brief run-up two weeks ago, mortgage rates are back below 4 percent.

Posted in: Blog Tagged: Discount Points, Freddie Mac, Home Affordability

Mortgage Rates Climb Sharply After Retail Sales Report

The U.S. economy is expanding, fueled by a renewed consumer optimism and increased consumer spending.

Posted in: Blog Tagged: Census Bureau, Home Affordability, Retail Sales

Home Affordability Reaches An All-Time High

Home affordability moved higher last quarter, boosted by the lowest mortgage rates in history, a rise in median income, and slow-to-recover home prices.

Posted in: Blog Tagged: Home Affordability, Home Opportunity Index, NAHB

With Retail Sales And Consumer Confidence Rising, Home Prices Are Expected To Follow

If you have plans to buy a home in 2012, the best time to buy may be now. Today’s mortgage rates are low and so are the home prices — a combination that’s unlikely to last.

Posted in: Blog Tagged: Home Affordability, Retail Sales, Survey of Consumers

Contact Us Now



(217) 532-2525 Hillsboro Office
(217) 324-4663 Litchfield Office

info@mcrealty.net
Hillsboro Office

551 S. Main St.
Hillsboro, IL 62049

Litchfield Office

410 N Monroe St.,
Suite 100
Litchfield, IL 62056

Hillsboro Company License #478.025162
Litchfield Company License #477.012410

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AREAS WE COVER:

62049, 62089, 62056, 62017, 62075, 62094
Hillsboro, Litchfield, Coffeen, Nokomis, Witt

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