Source: Yahoo! — Jeremy Siegel, a professor at Wharton, predicts that the housing market will see negative growth as a result of future Federal Reserve interest rate increases that will raise mortgage rates even further. Due to the average rate for a 30-year...
Source: Forbes — Key takeaways Many industry leaders, including Goldman Sachs, have altered their predictions for the housing market since early Fall 2022. While mortgage rates have dropped over the past several weeks, they’re not likely low enough to impact...
Source: Barron’s — In another sign of the pandemic’s rapid home price appreciation, the government today said it will back mortgages up to about $1.1 million in high-cost areas. The 2023 value limit for most conforming mortgages for one-unit properties...
Source: CBS News — For the first time, the federal government will back mortgages of more than $1 million, a move that reflects the run-up in home prices across much of the nation. The Federal Housing Finance Agency (FHFA) on Tuesday said the maximum size of...
Source: Appraisal Buzz — The U.S. real estate market is at near-unprecedented pricing, but that may not be the case for long. Recent data has experts projecting it will fall in the next year, which would lead to major changes for buyers, sellers, and...
Convicted Florida Felon Pleads Guilty in $50 Million Real Estate Investment…
