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Zero-Down USDA Mortgages Aren’t Just for Farmers

Zero-Down USDA Mortgages Aren’t Just for Farmers

by Third Party | Oct 12, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Yahoo Finance —  If you thought USDA loans were just for rural farmers, you wouldn’t be the first person to make that mistake. After all, the program is available through the United States Department of Agriculture, and the Rural Development (RD)...
Will the U.S. Economy fall into recession in 2023? Only if the Fed intensifies current tightening policies

Will the U.S. Economy fall into recession in 2023? Only if the Fed intensifies current tightening policies

by Third Party | Oct 12, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: University of California —  The U.S. economy has little chance of falling into a recession this year or next unless the Federal Reserve raises interest rates more than they are currently projecting, according to a new forecast released yesterday at...
The most ‘underreported’ factor influencing housing market, according to Calculated Risk

The most ‘underreported’ factor influencing housing market, according to Calculated Risk

by Third Party | Oct 12, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Deseret News —  Bill McBride, author of the economics blog Calculated Risk, said there’s a key reason why both rent and home price growth is slowing amid the U.S. housing correction playing out today. In a live Twitter Space hosted by Fortune Magazine on...
Mortgage rates are up, sales of homes are down

Mortgage rates are up, sales of homes are down

by Third Party | Oct 12, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: NPR —  AILSA CHANG, HOST: The U.S. housing market today looks very different from the frenzied market of about a year ago. Sales of existing homes dropped for the seventh month in a row as of September. Builders are breaking ground on fewer new homes now...
Hackers Target Eager Homebuyers With a Dumb Scam That Keeps Working

Hackers Target Eager Homebuyers With a Dumb Scam That Keeps Working

by Third Party | Oct 11, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Bloomberg —  For weeks, the Secret Service agent had been trying to identify the scammers moving millions of stolen dollars through banks around the New York tri-state area. His quest had begun on a quiet afternoon in May 2020, when the streets of New...
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