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MLO recession survival guide Part 2: Buyers’ agents and underwater home sellers

MLO recession survival guide Part 2: Buyers’ agents and underwater home sellers

by Third Party | Nov 28, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: firsttuesday Journal —  Consumer mortgage originations plummet — so what now? The rapid mortgage interest rate hikes of 2022 caught homebuyers and sellers completely off balance. With prices toppling traditional sales volume and mortgage rates...
Will 2023 Be a Good Year to Refinance a Mortgage?

Will 2023 Be a Good Year to Refinance a Mortgage?

by Third Party | Nov 27, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: The Ascent —  When mortgage rates dropped to record lows in 2020, homeowners across the country rushed to refinance their loans. And many were able to reap a lot of savings in the process. But refinance volume has slowed down significantly this year, and...
The 9 US cities where buyers have the best shot at scoring a home because home prices have dropped the most since the spring

The 9 US cities where buyers have the best shot at scoring a home because home prices have dropped the most since the spring

by Third Party | Nov 27, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Insider —  Throughout much of the pandemic, rock-bottom mortgage rates, as well government aid meant to stimulate the US economy, spurred on an unprecedented home-buying bonanza.  Enticed by the desire for larger living spaces and the ability live...
Falling house prices will help the Fed tame inflation – but they also increase the risk of a prolonged economic downturn

Falling house prices will help the Fed tame inflation – but they also increase the risk of a prolonged economic downturn

by Third Party | Nov 27, 2022 | News/Current Events, U.S. Housing Market

Source: Markets Insider —  Housing could be about to become a key policy puzzle for the Federal Reserve. Market activity has fallen for nine consecutive months and home sales were down 28.4% in October from a year earlier, according to the National Association...
10 Housing Markets Where Demand is Crashing Through the Floor

10 Housing Markets Where Demand is Crashing Through the Floor

by Third Party | Nov 27, 2022 | Industry Updates, U.S. Housing Market

Source: Yahoo! Finance —  The housing market has been running red hot in recent years as more Americans buy homes while the supply has decreased. But there are some signs that the housing market is finally starting to cool down in some areas. In fact, housing...
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