Rising Mortgage Rates

2013-07-07 Mortgage Rates Since 1990

As those actively looking for a home can tell you, mortgage rates have risen sharply in the past two months. The chart to the right shows the average rate for a 30-year fixed-rate loan since the beginning of the year. The chart is from the Bankrate.com site. From January through the beginning of May, mortgage interest rates bounced around the 3.5% level. But then, over the course of a little more than a month they

Should Rising Sea Levels Influence Real Estate Decisions?

Should the threat of rising sea levels factor into the real estate decisions of home buyer or home owners? We hear frequent debate about whether the globe is warming, and if so, whether or not our civilizations and lifestyles are the cause. We also hear about large chunks of ice that break off into the ocean. But we do not hear much about specific consequences of rising sea levels in the news. Satellite images show