Mortgages

What Happens With Mortgages if There’s a Recession?

Published by Real Estate News | December 18, 2023 Even if the hoped-for economic “soft landing” isn’t so soft, don’t expect to see a wave of short sales and foreclosures this year. Though mortgage rate relief appears to be on the horizon, it’s still anyone’s guess which direction the housing market will go in 2024. The …

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Mortgage Rate Forecasts For 2024 Signal A Comeback For Real Estate

Published by Forbes.com | January 5, 2024 Falling mortgage rates will make it easier to buy homes this year, economists say. Economists predict the real estate market will recover in 2024 after a spike in mortgage rates and a shortage of properties sent sales tumbling to a 28-year low in 2023. Home sales likely will climb …

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Average Monthly Mortgage Payment Explodes to $3,322 In Biden’s America

Published by Breitbart News | December 11, 2023 The average monthly mortgage payment in Joe Biden’s America has soared to $3,322, per analysis from the Wall Street Journal. That $3,322 is nearly double the average monthly mortgage payment when His Fraudulency assumed office. When former President Trump left office, the average monthly mortgage payment was …

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The Magic Number: What Mortgage Rates Would Get Buyers and Sellers Excited To Move?

Published by REALTOR.com | November 29, 2023 The double whammy of persistently high mortgage rates and pricey homes has paralyzed the housing market, pushing buyers to the sidelines. Lately, the universe has hit the pause button on the housing market. The double whammy of persistently high mortgage rates and pricey homes has paralyzed the housing market, pushing buyers …

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Mortgage Demand Drops to 27-Year Low as Interest Rates Pull Back

Published by CNBC Real Estate | September 6, 2023 7% appears to be the new normal After rising sharply for several weeks, mortgage interest rates pulled back slightly last week, but not enough to revive mortgage demand. Total mortgage application volume fell 2.9% last week, compared with the previous week, according to the Mortgage Bankers …

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Robert F. Kennedy Jr.: Use Gov’t Bonds to Help First-time Home Buyers

Published by Breitbart News | September 4, 2023 Democratic presidential contender Robert F. Kennedy Jr. said this weekend that the government should assist first-time home buyers by offering them discounted 3 percent mortgages, financed by selling tax-free U.S. Treasury bonds. Kennedy described his policy during the Breitbart News Labor Day Special  on SiriusXM Patriot 125 with host …

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Only a Tenth of Mortgages Have an Interest Rate Above Six Percent

Published by REALTOR.com | July 17, 2023 Mortgage rates are inches away from 7%—but less than a tenth of U.S. homeowners have a home loan at that rate. Only nine percent of all existing mortgages in the U.S. were taken out with a rate of above six percent, according to data from the Federal Housing …

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Regional Banks Scramble to Unload Commercial Real Estate Loans, Fearing New Crisis

Published by The Epoch Times | June 14, 2023 Analysts fear that CRE exposure could spark another round of bank failures The work-from-home trend has been taking its toll on office landlords and is now making its way through to banks’ commercial loan portfolios, leading some analysts to predict that more trauma could be on …

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Zombie “Second Mortgages” Haunt Unsuspecting Homeowners

Published by Find My Way Home A second mortgage included in bankruptcy can foreclose years after it has been discharged, and can cost you a lot of money! As an expert in helping homeowners and homebuyers qualify for home loans after a bankruptcy, foreclosure, short sale or deed in lieu, I talk to folks all over …

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