Economic Commentary This Week Rates and The Correction Several weeks ago, we spoke about the negative effects of economic growth. The two factors we cited were higher interest rates and higher oil prices. Now we are starting to see the markets react to this new reality. Many are blaming rising interest rates for causing […]
Read MoreEconomic Commentary This Week Rate Prediction
Economic Commentary This Week Rate Prediction It is amazing how it seems every year we have predictions that interest rates will go up. And each year interest rates do go up. And then, they go back down. The yield of the 10-year Treasuries have gone up over 0.5% over the past few months. But […]
Read MoreRates Are Rising – Are You Ready?
Rates are Rising – Are you Ready According to the Freddie Mac Primary Mortgage Market Survey®, rates on home loans averaged over 7.0% for an entire generation from the 1970’s until the year 2000 and over 6% from 2000 until 2008. For the past decade we have enjoyed historically low rates. But Freddie Mac is predicting that rates will approach […]
Read MoreWoodbridge Real Estate Market Report – January 2018
Understanding the current real estate marker in Woodbridge can help you make sound decisions when it comes to buying or selling a home. Here’s an overview of the Woodbridge Real Estate Market for January 2018. A Look at the Housing Stats Trends in Woodbridge indicate that the median sales price of houses that were sold […]
Read MoreBusy Month Ends: The Weekly Market Update for Woodbridge VA
Economic Commentary This Week Double Feature As we have mentioned previously, it has already been a busy year with major storms, wildfires that turned into mudslides, a new tax plan and the in-fighting in Washington seemingly getting worse. And that is just the first month of the year. We end the first month and start […]
Read MoreWoodbridge VA Economic Commentary This Week January 2018
Economic Commentary This Week Busy Start to Year Believe it or not, we are halfway through the first month of the year. While a few weeks passing may not seem like much, these are very exciting times. Americans are reacting to a new tax plan, stocks have already broken records and we have had the […]
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