Edge Realty RI
“Mortgage rates rose across all loan types this week as the 10-year U.S. Treasury yield reached its highest point since June.”
“There are a number of economic factors that impact Treasury yields, such as interest rates, inflation, and economic growth.”
“We expect mortgage rates to continue to rise modestly which will likely have an impact on home prices, causing them to moderate slightly after increasing over the last year.”
“Consumers shouldn’t panic. Keep in mind that even though rates will increase in the following months, these rates will still be historically low. The National Association of REALTORS forecasts the 30-year fixed mortgage rate to reach 3.5% by mid-2022.”
“You know, the fallacy of economic forecasting is don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you will always invariably be wrong.”
Edge Realty was founded in 1990 in the waterfront community of Edgewood, Rhode Island, inspired by the richness of the architecture and the quintessential Ocean State coastline. With a background in the arts, we took our creativity and strategic thinking into Real Estate. Since then, Edge Realty opened its South County and Newport locations, and has continued to expand; now operating throughout Rhode Island, Massachusetts and Connecticut, with referral partners worldwide. With three strong decades of sales in all aspects of real estate, from first time buyers to luxury homes, Edge Realty has sold thousands of properties- including one-of-a-kind architect designed homes, historic time pieces, and whimsical beach cottages. We bring the Art of Real Estate to you – with a Creative Edge.
Stay up to date on the latest real estate trends.
November 26, 2024
Smart, Affordable Upgrades for a Greener Home in New England.
November 26, 2024
Essential Considerations for Maximizing Property Investment in New England.
November 13, 2024
How to Create the Home Office of Your Dreams!
November 13, 2024
Navigate the Path to Homeownership with Confidence and Clarity.
November 8, 2024
Saturday, November 9, 2024
October 11, 2024
Sunday, October 12, 2024
October 5, 2024
September 30, 2024
Protecting Your Home with Confidence: The Essential Home Security System Features.
September 30, 2024
Unlocking the Secrets Behind Desirable Neighborhood Features.