More than three years into a painful housing crash, the real estate market has sent recent—albeit tentative—signs of stabilization. Home sales have increased, inventory levels are down, and price declines have become less precipitous. Along with more affordable home prices and attractive mortgage rates—which remained below 5 percent as of late June—have been a driving force behind this development. The availability of low mortgage rates will play a decisive role in the performance of the 2010 housing market as well. To help consumers better understand the requirements and costs they will face as they shop for a home loan next year, U.S. News spoke with a handful of housing market experts and compiled a list of 10 things to know about getting a mortgage in 2011…CLICK HERE to read the entire article.
Should you have any questions or would like to speak to us about your personal real estate plans, please contact us by calling or texting 214-755-3378 or Email at realestate@doanerealtygroup.com.
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