With 30-year interest rates well below 5 percent, and 15-year interest rates between 4 percent and 4.5 percent, it’s time to start seriously thinking about refinancing your mortgage.But before you high-tail it to the nearest mortgage lender and fill out a mortgage application, there are eight things you should do:1. Check out the interest rate [...]

“This is a great time to buy real estate” as quoted by Donald Trump on Good Morning America. Interest rates are at an all time low, prices are more affordable, and inventory is favorable for today’s buyer. Currently the average 30-year fixed rate is at 4.7%, pending sales are up, and mortgage applications are also [...]

At the current pace of sales, that’s a 9.7-month supply of homes, unchanged from January but down from the record of 11.2 months seen in July. A six-month supply of housing is generally seen as a healthy balance between supply and demand.The national median existing-home price for all housing types was $165,400 in February, down [...]

Anyone trying to sell a home in a falling market is probably a bit frustrated and worried. The media is constantly presenting information to the public about how bad the real estate market is. There is no doubt that we are in very trying times, however, here in the Mt. Washington Valley and western Maine, [...]