#ForBuyers #FirstTimeHomeBuyers #HousingMarketUpdates #Demographics Is Owning a Home Still the American Dream for Younger Buyers?: Everyone has their own idea of the American Dream, and it's different for each person. http://dlvr.it/SzWX80

#ForBuyers #FirstTimeHomeBuyers #HousingMarketUpdates #Demographics Is Owning a Home Still the American Dream for Younger Buyers?: Everyone has their own idea of the American Dream, and it's different for each person.
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Two Graphs That Show Why You Shouldn’t Be Upset About 3% Mortgage Rates

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  With the average 30-year fixed mortgage rate from  Freddie Mac  climbing above 3%, rising rates are one of the topics dominating the discussion in the housing market today. And since experts  project  rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a homebuyer, what do  rates  above 3%  really  mean? Today’s Average Mortgage Rate Still Presents Buyers with a Great Opportunity Buyers don’t want mortgage rates to rise, as any upward movement increases your monthly mortgage payment. But it’s important to put today’s average mortgage rate into perspective. The  graph  below shows today’s rate in comparison to average rates over the last five years: As the graph shows, even though today’s rate is above 3%,  it’s still incredibly competitive. But today’s rate isn’t just low when compared to the most recent years. To truly put today into perspective, let’s look at the last 50 ye...
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