Sentences with phrase «historically low interest»

Historically low interest rates likely will haunt the U.S. housing market by deterring homeowners from selling in future years after rates rise, housing economists say.

Inventory shortages were more serious in lower price tiers, making it very difficult for first - time buyers to take advantage of historically low interest rates below 3.5 percent.

Many home buyers prefer a fresh and new home as historically low interest rates afford the opportunity to borrow cheap money for those with the income and credit to seize the opportunity.

Solid increases in single - family starts, still historically low interest rates, and high buyer demand point to healthy sales of new - home...

We are in a time of historically low interest rates.

«Despite record - breaking prices in many of Canada's major markets, these homes are selling, as buyers take advantage of today's historically low interest rates.

Current low housing prices, coupled with historically low interest rates (the 20 year average is 7 % but a minimum down FHA loan can be had for 4.5 % today), explains why the monthly mortgage payment on a median priced house bought with a 20 % down payment has fallen to an all - time low of 13 % of the median income.

When accounting for rising incomes and historically low interest rates, Americans have more purchasing power than in the booms of 2000 and 2006, Fleming said.

Mary Kay Irving: Well it's still a great time to buy, we've got historically low interest rates.

And while an increase in rates reflects overall confidence in the national economy, this trend seems to represent a closing window on the historically low interest rate environment.

Taking advantage of continued historically low interest rates, first - time buyers fueled sales in the St. John's real estate market region in the first quarter of 2016.

«Orlando's inventory of available homes is 11 percent below where it was this time last year and continues to impact both sales and price,» says ORRA President John Lazenby, Colony Realty Group, Inc. «Regardless, we are seeing a small trend of increasing sales that illustrates buyer enthusiasm for our current historically low interest rates and steadily rising values.»

The report further stated that speculation about what the impact of the resulting «historically low interest rates, tight inventory, and rising prices» would be on the market for the rest of the year.

Buying now with a historically low interest rate and locking it in for 30 years is great IMO.

«It's a historic moment in time in Washington real estate due to job growth and historically low interest rates,» he says.

This has been a result of historically low interest rates, availability of capital and lack of alternative investments,» says Harvey Green, president and CEO of Marcus & Millichap Real Estate Investment Brokerage Co. «As the dynamics change, with an improving economy, higher interest rates and better stock market performance, the real estate investment market will experience a transition.

Paired with historically low interest rates, these factors kept properties moving quickly with median time on market at approximately 90 days.

Real estate agents also commented on historically low interest rates.

«I'm sending this Congress a plan that gives every responsible homeowner the chance to save about $ 3,000 a year on their mortgage, by refinancing at historically low interest rates.

«This December jump may be due to increased investor involvement and transactions that were scheduled to occur before the end of the year, but with prices at or very near the bottom and historically low interest rates, consumers are finding real value in this market.»

That's a big disadvantage in my opinion considering we're at historically low interest rates.

For example, in 2009 lenders offered historically low interest rates (when they offered to lend at all).

Fortunately, there have also been some opportunities: historically low interest rates, continued availability of FHA - backed loans, and tax policies that encourage real estate investment.

We have enjoyed historically low interest rates over the past couple of years and our tendency is to get comfortable and think that these rates will not change in the foreseeable future.

With historically low interest rates and values not seen since the mid 90's, first time homebuyers are lining up to take advantage of this market.

Largely due to the historically low interest rates, an improving economy and a decade's worth of pent - up demand from potential buyers who could not afford to buy or have chosen to stay on the sidelines, home prices got hot again across the country.

71 % of existing homeowners who want to upgrade say the era of historically low interest rates and affordable mortgages is coming to an end.

With historically low interest rates, solid demographics and GSE capital available for proven success rates of rental property, this sector will continue to see demand and rising transactions and available cash for transactions.

These are historically low interest rates by any measure, and they offer a powerful enticement for home buyers and refinancing homeowners alike.

But with a growing economy, inflation bubbling up to near 2 %, and historically low interest rates, the Fed is looking to nudge interest rates even higher.

We've been blessed with historically low interest rates on both the residential and commercial side of things pretty much since the market downturn of» 08 -» 10.

MBA noted that many loans, particularly the best performing ones, were refinanced well before their balloon dates so borrowers could take advantage of historically low interest rates.

Continued steady growth in pricing and sales is expected as well as historically low interest rates.

As the US economy began to recover in 2010 there was an inherent feeling that historically low interest rates were not likely to last forever.

The Liberal government has announced sweeping changes aimed at ensuring Canadians aren't taking on bigger mortgages than they can afford in an era of historically low interest rates.

Mr. Siddall's opinion seems less surprising if you consider that, since being hired in 2014 to run CMHC, he has been tasked with pouring buckets of ice water on housing markets in B.C.'s Lower Mainland and Southern Ontario that refuse to cool down amid historically low interest rates.

Low prices combined with historically low interest rates make 2012 a once - in - a-generation opportunity to buy real estate and build wealth.

With more than 11 million homeowners underwater on their mortgages, 2008's HARP (Home Affordable Refinance Program) mortgage has been updated to allow more homeowners to refinance their mortgages, taking advantage of today's historically low interest rates.

According to the national survey, home ownership remains important to 96 % of Americans, especially among women and Generations X and Y. Prospective buyers also said they are motivated by historically low interest rates and attractive home prices in many markets.

The advantage to this approach was that thanks in part to historically low interest rates, there was little difference between the rates on first and second mortgages.

The federal, state and city governments» respective agencies have collaborated to jointly insure the mortgage loan made by Wells Fargo Bank, which will refinance Co-op City's existing debt at historically low interest rates.

«Discounted prices and historically low interest rates make these homes affordable to many families who might otherwise not be able to buy a property.

With our historically low interest rates and the FHA poised to regain some of the market share it lost to aggressive subprime lenders during the boom, a pick - up of demand is waiting in the wings.

Many loans have been successfully refinanced upon maturation, while some borrowers have defeased early in order to take advantage of the historically low interest rates.

Because of today's historically low interest rates, our refinancing of its current debt will save Co-op City and its residents more than $ 150 million over the 14 - year remaining term of the current loan and eliminate refinancing risk should interest rates rise.»

FHA is reducing both the upfront and annual fee for FHA borrowers looking to utilize the streamline refinance to take advantage of historically low interest rates.

But with our historically low interest rates and the FHA poised to regain some of the market share it lost to aggressive subprime lenders during the boom, a pick - up of demand is waiting in the wings.

The combination of historically low interest rates and tighter underwriting standards on senior loans has made mezzanine debt highly attractive to borrowers.

Multifamily markets have been in a weak patch over the last three years as renters took advantage of historically low interest rates to move into homeownership.

We saw this as an unprecedented time to refinance our existing portfolio, by locking in attractive long - term financing at historically low interest rates.