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Colombia Again the No. 1 Country Searching Miami Real Estate; Texas is Top State and Lexington, Kentucky is Top U.S. City

Colombia Again the No. 1 Country Searching Miami Real Estate; Texas is Top State and Lexington, Kentucky is Top U.S. City

by Third Party | Jan 19, 2023 | International Real Estate News, News/Current Events

Source: Yahoo! —  Colombia posted the most global web searches for Miami homes in December 2022, according to a new report by the MIAMI Association of REALTORS® (MIAMI). MIAMI, Jan. 17, 2023 /PRNewswire-PRWeb/ — Colombia posted the most global web searches...
Midwest shines as US housing market remains gloomy

Midwest shines as US housing market remains gloomy

by Third Party | Jan 19, 2023 | Real Estate News, U.S. Housing Market

Source: The Salem News —  With mortgage rates spiking above 7% for the first time in 20 years, the pandemic-fueled housing boom came to a screeching halt in 2022. The after-effects of easy monetary policy, skyrocketing energy prices, and supply chain issues...
A Final Take on Housing for 2022 and Another Promise of Falling Inflation Top the Week’s Economic Data

A Final Take on Housing for 2022 and Another Promise of Falling Inflation Top the Week’s Economic Data

by Third Party | Jan 19, 2023 | News/Current Events, U.S. Housing Market

Source: US News —  Just how badly did the housing market end 2022? That may be clear this week as a bevy of reports for December are released that will shed some light on the housing market: the number of new permits issued and homes on which construction has...
What is mortgage insurance?

What is mortgage insurance?

by Third Party | Jan 19, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Insurance Business Mag —  Lenders typically require home buyers to provide a down payment equivalent to 20% of the property’s purchase price to qualify for a loan. This amount, however, which can easily hit upwards to the tens to the hundreds of...
Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023

Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023

by Third Party | Jan 19, 2023 | Mortgage Information, News/Current Events

Source: Fox Business —  Based on data compiled by Credible, mortgage rates for home purchases have risen across all terms since last Friday. 30-year fixed mortgage rates: 6.625%, up from 6.500%, +0.125 20-year fixed mortgage rates: 6.500%, up from 6.125%, +0.375...
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