Mortgage and Real Estate Blog

These days, you’re going to find that, if you’re keeping track of mortgage rates just for the sake of seeing what’s going on around the country - whether or not you are actively pursuing buying a home of your own at the current point in time - is that, well, rates everywhere seem to be dropping. Michigan mortgage rates are dropping - so are rates in Georgia, Florida, Pennsylvania and, well, anywhere else that you might be thinking about buying a home of your own.

When mortgage rates are dropping around the country and home prices have been falling in most area as well, you are going to find that it’s a good idea to take the time to look into buying a home - especially if you have money set aside toward a down payment.

Whether you are thinking about buying your first home or you’re looking into buying a second home - a spot that you’ll retire to someday or you’re looking at investment properties - the reality is that now really isn’t the worst time to buy a home. With mortgage rates dropping and home prices low - and very few people having faith in the stock market - a home might just be the best place to invest your money.

Here are a hand full of real estate and mortgage websites we recommend:

Real Estate

Assistant For Real Estate - A virtual assistant for real estate agents and brokers. Save yourself some time, money, and headache.

Virtual U. - A blog that instructs virtual assistants on how to improve their services.

Seaside Views - Looking for coastal real estate in Florida? Start here.

Homes For Sale - This real estate broker in New Jersey deals exclusively with high end luxury homes.

Park City Journal - More than a real estate blog, this is a community blog. And it covers Park City, Utah very well.

Investor Wealth - A great blog for real estate investing.

Building Systems Network - A blog focused on ecological home construction, green building, and modular homes.

GW Kime & Associates - Real estate agents serving Michigan, primarily the Ann Arbor area.

Mortgage

Michigan Mortgage - Looking for a mortgage company in Michigan? Try this one.

Mortgage Tracker - When you want the latest, and the best, information on anything related to mortgages, this is the place to check first.

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MortgageTracker.com is reporting the steady rise of mortgage rates.

Having gone from less than 6% in April to 6.7%, it looks like we have officially entered into a rising market that may not return for quite awhile. This has already affected the real estate market and created a downturn in many local markets in new housing. Foreclosures are also on the rise, which means that the real estate market for the foreseeable future will likely be in short sales and taking these pre-owned homes and representing them for the market. Real estate professionals who gear their businesses in that direction will likely be the ones who succeed.