You’ve heard of golden handcuffs. That’s when a company compensates you generously to discourage you from taking a job elsewhere.
Some of us restrain ourselves with another type of golden handcuffs: low mortgage rates. Economists dub the phenomenon the “rate lock-in effect.” They say rate lock-in happens when we lash ourselves to the low mortgage rates we got when we bought or refinanced our homes.
So we stay put, even when we long to move up, downsize or relocate.
Miami ranked last among the more than 180 cites analyzed in the new WalletHub study. Continue Reading The City with the Most Affordable Rent Is…
The median price of single-family homes reached $511,850, up 6% from the previous year. Continue Reading Quebec Q1 Home Sales Down 2% Year-Over-Year
The pooling and securitization of loans for more than 128,000 American households, including over 49,000 first-time homebuyers. Continue Reading Ginnie Mae Issued $46.1 Billion in Mortgage-Backed Securities During March
Trazerra joins Blueprint following a 12-year tenure as senior vice president at KeyBank Institutional Healthcare. Continue Reading Blueprint Healthcare Real Estate Advisors Taps Peter Trazzera as Senior Director of Capital Markets
The meme sparked an outrage from many religious conservatives, forcing Trump to remove the post from his Truth Social page. Continue Reading Report: FHFA’s Pulte Responsible for Introducing Trump to Controversial Meme
“Builder sentiment has fallen back in spring as buyers face ongoing elevated interest rates and growing economic uncertainty,” said NAHB Chairman Bill Owens Continue Reading Builder Confidence at 7-Month Low
Report: Renting a Home Is More Affordable Than Homeownership in All 50 Majo…
Connecticut Brokerage Joins Better Homes and Gardens Real Estate Brand
Social Media Influencer Sentenced for Running Real Estate Fraud Scheme
Mortgage Rates Decline for Second Straight Week
Q1 Foreclosure Filings Up 26% From Last Year
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