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Canada enacts 2-year housing ban for non-residents in 2023

Canada enacts 2-year housing ban for non-residents in 2023

by Third Party | Dec 31, 2022 | International Real Estate News, Real Estate News

Source: KSL —  OTTAWA — “I’m moving to Canada,” is a common refrain, often heard whenever Americans find themselves frustrated with U.S. politics. But keep in mind, Canada is dealing with its own housing affordability crisis — and as The New...
Mortgage rates increase after six weeks of declines

Mortgage rates increase after six weeks of declines

by Third Party | Dec 31, 2022 | Mortgage Information, Real Estate News

Source: Yahoo! News —  Mortgage rates increased this week, breaking their six-week streak of declines just ahead of the new year. The average rate on the 30-year fixed mortgage rose to 6.42% from 6.27% the week prior, according to Freddie Mac. That marked the...
Should you have a mortgage in retirement?

Should you have a mortgage in retirement?

by Third Party | Dec 31, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Fortune —  Retirement planning often includes the goal of eliminating mortgage payments before leaving the workforce behind. This approach is based on the idea that it’s easier to make ends meet in retirement by reducing expenses and not having to deal...
Mortgage Rates’ Rise Has Led to Wide Gap With US Bond Yields

Mortgage Rates’ Rise Has Led to Wide Gap With US Bond Yields

by Third Party | Dec 31, 2022 | Mortgage Information, U.S. Housing Market

Source: US News —  LOS ANGELES (AP) — Economists are baffled by a wider-than-usual divergence between long-term mortgage rates and the yield on the benchmark U.S. government bond that is driving a sharp rise in borrowing costs and helping to torpedo the U.S....
Home buyers see ‘no benefit’ from housing prices, mortgage rates: Expert

Home buyers see ‘no benefit’ from housing prices, mortgage rates: Expert

by Third Party | Dec 31, 2022 | News/Current Events, Real Estate News, U.S. Housing Market

Source: Yahoo! News —  William Raveis Mortgage Regional Vice President Melissa Cohn joins Yahoo Finance Live to discuss housing affordability, consumers drawing down their savings, and the outlook for the housing market. Video Transcript [AUDIO LOGO] BRAD...
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