Perrella & Associates

Mortgage Rates Inch Up, But Buyers Are Still Getting Deals

After three weeks of mostly staying steady, average mortgage rates rose this week. However, rates still remain at multiyear lows, keeping borrowing costs low for those shopping for homes this summer. “The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming cut in short-term […]

What Qualifies as a ‘Dream Neighborhood’?

Seventy percent of homeowners say they’re not currently living in their dream neighborhood, according to a new survey of more than 2,000 respondents from Improvenet, a website focused on home improvement. The other 30% says that their dream neighborhood is located in a different town; 20% of that group say it’s three to 10 miles […]

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