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Review of all things Real Estate: 2022 fall housing market predictions

Review of all things Real Estate: 2022 fall housing market predictions

by Third Party | Oct 4, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Village News —  After a tumultuous summer for real estate, autumn is here. As of mid-September, the benchmark 30-year fixed-rate mortgage average is hovering a bit above 6% and skyrocketing home prices are finally starting to drop, slowly, (references...
Unlimited pixels, and I still can’t afford real estate in the metaverse

Unlimited pixels, and I still can’t afford real estate in the metaverse

by Third Party | Oct 4, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Real Change News —  We’ve had internet bulletin boards, listservs, text websites, game environments, websites, interactive websites. Now we’re seeing metaverse real estate. I’m already completely lost and left out in the cold in the new metaverse. I’m...
The Best Real Estate Returns Come After Recessions

The Best Real Estate Returns Come After Recessions

by Third Party | Oct 4, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Institutional Investor —  Amid a slow down in the economy, higher financing costs, and mounting fears of a recession, real estate values are fast declining. But the downturn is an opportunity for investors who stick with their real estate holdings — or...
Current National Mortgage Rates: September 28, 2022—Rates Are The Highest They’ve Been In A Year

Current National Mortgage Rates: September 28, 2022—Rates Are The Highest They’ve Been In A Year

by Third Party | Oct 4, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Forbes —  The average rate on a 30-year fixed mortgage is 6.98%, according to Bankrate.com, while the average rate on a 15-year mortgage is 6.09%. On a 30-year jumbo mortgage, the average rate is 7.02%, and the average rate on a 5/1 ARM is 5.11%. Today’s...
Almost 1,000 mortgage deals pulled as panic grips UK housing market

Almost 1,000 mortgage deals pulled as panic grips UK housing market

by Third Party | Oct 4, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: The Guardian —  Almost 1,000 mortgage packages were pulled overnight from the British market as panic seeps into the housing market in the wake of Kwasi Kwarteng’s mini-budget. Moneyfacts, which monitors the sector, said 935 out of 3,596 mortgage...
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