Good news for those looking to lock in rates! Mortgage rates continued to drop this week, as Freddie Mac reported that rates continued to drop consecutively for nine weeks in a row. Rates for a 30 year fixed mortgage dropped to 5.10% , down from 5.14% for the previous week. “Interest rates for 30-year fixed-rate [...]

Short sale investors interested in obtaining the lowest possible price should learn to turn the tables on rapid rate increases by discounting hedonic pricing models to their benefit. Hedonic pricing essentially works like this; instead of calculating the increase in a price of a home as inflationary, the “upgrades” and other enhanced “quality” measures are [...]