Published by REALTOR Magazine | April 13, 2022 Over the last year, the cost of shelter has increased 5%, marking the largest increase in four decades The rate of inflation reached 8.5% in March, continuing at a 40-year high and showing few signs of relief for consumers. Higher gas prices, food, and housing costs fueled the consumer …
Published by FOX Business | April 13, 2022 The real estate market isn’t dead despite rising mortgage rates, one market expert says “What we’re still seeing is really strong demand in the housing market because of the shortage of houses that were built over the last eight or so years,” Advisors Capital Management partner Joanne Feeney told FOX …
How Millennials Are Keeping The Housing Market Alive Read More »
Published by CNBC | March 23, 2022 The 30-year fixed mortgage loosely follows the yield on the 10-year U.S. Treasury, which is now at the highest level since May 2019. The average rate on the popular 30-year fixed mortgage hit 4.72% on Tuesday, moving 26 basis points higher since just Friday, according to Mortgage News Daily. …
Published by CNBC | March 2, 2022 While mortgage rates rose to the highest level in two years last week, they have since fallen quite sharply due to the war in Ukraine. Mortgage demand stalled last week, as interest rates hit a multi-year high, but that will likely change quickly. Rates are now falling fast …
Weak Mortgage Demand Could Get a Big Boost Amid Ukraine Crisis Read More »
Published by FOX Business | February 25, 2022 New contract signings fall again with inventory at an all-time low Pending home sales fell for the third month in a row in January, amid all-time low inventory and sky-high prices. The latest data from the National Association of Realtors shows contract signings for home sales dropped 5.7% last …
Published by FOX Business Personal Finance | January 19, 2021 A short sale, also called a pre-foreclosure, happens when a homeowner sells their house for less than what they owe on their mortgage. If you’re in the market to buy a house, it’s a good idea to explore all your options. One option is a …
Published by Forbes.com | January 11, 2022 CoreLogic, a global property information provider, today released its monthly Loan Performance Insights report for October 2021. For October, 3.8% of all mortgages in the United States were in some stage of delinquency (30 days or more past due, including those in foreclosure), representing a 2.3 percentage point decrease compared to …
FORBES: Foreclosure Activity Falls To The Lowest Level Since March 2020 Read More »
Published by CNBC Business, Real Estate | December 2, 2021 The bailouts allowed millions of homeowners to miss payments, some for up to 18 months. Hundreds of thousands of homeowners could soon lose or sell their homes as Covid-related mortgage bailout programs expire. The federal government, big banks and mortgage servicers started emergency programs when …
Thousands could soon lose – or sell – their homes as Covid mortgage bailouts expire Read More »
Published by Breitbart | November 29, 2021 Buyers stampeded into the housing market in October as mortgage rates climbed and prices hit record highs. The National Association of Realtors (NAR) said on Monday that its Pending Home Sales Index, which is based on signed contracts that become closed sales in 45 to 60 days, rose …
Pending Home Sales Soar Amid Bidenflation Panic Buying Read More »
Published by FOX Business | November 19, 2021 After the federal foreclosure moratorium ended in July, and the eviction moratorium closed in September, the number of foreclosures has been growing. Foreclosure activity saw an uptick in October, marking the sixth consecutive month of annual increases, according to the October 2021 Foreclosure Market Report from ATTOM Data Solutions. …
Foreclosure Activity Sees 6th Consecutive Increase in Q3 Read More »
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