Stark County Market Graphs

MORTGAGE INTEREST RATES One factor for the buying/selling decision this quarter is the mortgage interest rates increasing. The mortgage rates have been increasing rapidly this year, and are not expected to decrease or level out in the immediate future. The charts below show the conventional mortgage rates for the past 10 years and the past…

As of 3/11/19 mortgage interest rates did tick up a little recently, but are still low (slightly under 4.5%) compared to December’s high (almost 5%) (see chart below). The important thing to note is that the market did react negatively to the rising interest rates in the last quarter of 2018 and did cause a…

As 2019 President for Stark County Association of Realtors, the staff and I write articles for the newspaper section of the Canton Repository every Friday for this year. If you’re a subscriber to the Rep, be sure to check out my monthly market updates. Here’s February’s update: As our first quarter of 2019 enters its…