Mortgage News

Sales of homes dipped in September while the affordability of homes has fallen to a 5 year low as quoted by Lawrence Yun. The real effects of the #governmentshutdown will be seen as delays that had been felt will now be seen firsthand in the coming months. The affordability of homes shows the need for buyers and brokers to use a mortgage calculator to see the true cost of home ownership. Mortgage Saver offers a free mortgage calculator which can be found here,

http://mortgagebiweeklycalculator.com

Sources:

http://www.cbsnews.com/8301-505145_162-57608435/rising-mortgage-rates-slow-pace-of-home-sales/

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