Published by REALTOR.com | January 10, 2025 This is keeping many would-be sellers “locked in“ and hindering total inventory recovery. New York City school teacher Joann Mariani had no idea how extraordinary her timing was when she was shopping for a home in summer 2021. In the thick of the COVID-19 pandemic—when lockdowns, face masks, …
Published by ThinkRealty | December 20, 2024 Although many experts spent the last few years predicting an economic downturn, the past two years have been good for residential real estate investors A recent survey of real estate investors found that three-quarters of them were making at least as much in 2024 as they made in …
Mortgage Assistance Programs: A Lifeline for Affordable Homebuying Read More »
Published by REALTOR.com | November 14, 2024 The share of first-time homebuyers in the housing market has fallen to the lowest level in 43 years, according to recent data from the National Association of Realtors. Home sales are at multi-decade lows due to high home prices and 7% mortgage rates. Many buyers have been priced …
Economist: Elon Musk Could Hold the Key to Lower Mortgage Rates Read More »
Published by Think Realty | October 5, 2024 Obtaining a commercial property loan involves a far different set of requirements and elongated timeline compared to residential loans. Securing a commercial real estate loan is a critical step for any business that requires office space, a retail storefront, or a manufacturing and shipping space. A commercial …
Published by Forbes.com | September 20, 2024 Updating archaic mortgage laws has rarely been a priority for the justice system, however a new proposal might just bring about some long overdue change. Owners of commercial real estate and their mortgage lenders often agree to amend the terms of their loan, in minor and sometimes major …
A Halfway Improvement In The Ancient Law Of Mortgages Read More »
Published by REALTOR.com | September 20, 2024 To see where experts predict mortgage rates might go over the next 18 months, Realtor.com rounded up the quarterly mortgage rate forecasts from various sources. The Federal Reserve’s historic rate cut this week could usher in a period of lower mortgage rates. Predicting the financial market’s next move …
Experts Predict Where Mortgage Rates Are Headed in 2025 Read More »
Published by REALTOR.com | September 16, 2024 38% of Americans have put off purchasing a home because of high mortgage rates Mortgage rates are at their lowest level in over a year after dropping to 6.2% for the week ending Sept. 12—and they could fall yet again if the Federal Reserve cuts rates at its …
New Survey Shows How Low Mortgage Rates Must Go Before Homebuyers Start Shopping Read More »
Published by FOX Business | August 19, 2024 Lower borrowing rates will only make housing more affordable for a 3- to 6-month period Potential U.S. home buyers and sellers have kept a sharp eye on mortgage rates, which have contributed to the affordability crisis in the market. Today, mortgage rates are more than double what …
Waiting For Mortgage Rates to Fall? Why Experts Say it Won’t Make a Difference Read More »
Published by REALTOR.com | July 31, 2024 Would-be homebuyers are getting increasingly savvy when it comes to buying a house as mortgage rates continue to hover around 7%. One way is through home loan assumption—which means the buyer takes over the house’s original mortgage (and interest rate) upon purchase. But, the loan can be assumable …
The States With the Highest Number of Assumable Mortgages—and How To Get One Read More »
Published by FOX Business | July 10, 2024 American homeowners are sitting on a record $17 trillion in equity, yet the rapid rise in mortgage rates over the past two years has prevented many of them from tapping their equity in order to refinance. Data published Wednesday by the Mortgage Bankers Association (MBA) shows that …
Mortgage Refinance Falls Again, Despite Homeowners Sitting On $17T in Equity Read More »
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