Published by Forbes.com | October 28, 2022 If you’re in the market to purchase a home, you know that mortgage rates are rising. Rates surpassed 7% for the first time in 20 years. And higher mortgage rates send monthly payments up significantly. A $240,000 mortgage at a 7.544% rate on a 30-year loan generates a monthly principal …
5 Practical Tips To Get The Lowest Mortgage Rate Possible Read More »
Published by Forbes.com | November 2, 2022 The Fed’s push for a recession so far hasn’t torpedoed commercial real estate although there are signs of weakness and some worries about an “apocalypse.” The Federal Reserve’s announcement of another 0.75 percentage point interest rate increase continues the central bank’s grim war with inflation. Higher rates are doing …
Fed’s Rate Hikes Aren’t Bulldozing Commercial Real Estate — Yet Read More »
Published by REALTOR.com | October 28, 2022 Rents are rising—and renters are poised to take out their frustrations in the midterm elections. More than half of renters registered to vote say that housing will be a key issue for them in the midterms next month, according to a recent Apartment List report. The rentals website …
Published by FOX Business | October 27, 2022 The average rate for a 30-year fixed mortgage topped 7% for the first time in two decades at the end of October. Freddie Mac reported that the average long-term U.S. mortgage rate climbed to 7.08% from 6.94% at the end of October. A year ago, the 30-year rate …
Published by FOX Business | October 26, 2022 Sales of new U.S. homes fell less than expected in September Sales of new U.S. homes tumbled in September as high home prices and mortgage rates not seen in over a decade edged prospective homebuyers out of the market. New single-family home purchases fell 10.9% to a seasonally adjusted …
New Home Sales Tumble in September as Mortgage Rates March Higher Read More »
Published by FOX Business | October 18, 2022 ‘It’s pretty much business as usual,’ one agent says; area damaged by storm had experienced sharp price run-up Less than a month after Hurricane Ian caused widespread devastation to southwestern Florida, investors and other buyers are scouring for housing deals in a region where home prices have soared …
Homebuyers Flock to Florida Cities Devastated by Hurricane Ian Read More »
Published by FOX Business | October 20, 2022 Redfin projects mortgage rates may not fall until early to mid-2023 Red-hot mortgage rates are giving home buyers and sellers cold feet. About 17% of homes that went under contract with real estate brokerage Redfin last month were called off. The technology-powered real estate firm reported that approximately …
Published by AccountsRecovery.net | October 20, 2022 The Court of Appeals for the Fifth Circuit took a leg out from under the Consumer Financial Protection Bureau yesterday, ruling that the manner in which the agency is funded is unconstitutional and invalidating a rule on payday lending that was issued back in 2017 and was subsequently …
Appeals Court Rules CFPB’s Funding Structure is Unconstitutional Read More »
Published by Visual Capitalist | October 19, 2022 As a market gathers steam and prices increase, it remains a matter of debate whether that market is overvalued and flooded with speculation, or it’s simply experiencing robust demand. Housing bubbles are a tricky phenomenon. Of course, once a bubble bursts, it’s all obvious in hindsight. One common …
These Global Cities Show the Highest Real Estate Bubble Risk Read More »
Published by Forbes.com | October 15, 2022 The mass exodus from cities inspired by the pandemic may be over, but suburban markets are still hot. With many people working remotely, the suburbs continue to be a more comfortable and affordable option without sacrificing access to the city, albeit with a bit of a longer drive or train …
An Inside Look At Three Of The Hottest Suburban Markets In The U.S. Right Now Read More »
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