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When does refinancing into a 15-year mortgage make sense?

When does refinancing into a 15-year mortgage make sense?

by Third Party | Jul 22, 2022 | Current News & Events, Industry Updates, Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Bankrate —  Many homeowners choose to refinance from a 30-year fixed-rate mortgage to a fresh 30-year equivalent. While this can lower your monthly payment, it adds extra years to the total period of time you’ll be financing your home. That means you’ll...
Stock market activity ‘indicator’ of what will happen in real estate market: Expert

Stock market activity ‘indicator’ of what will happen in real estate market: Expert

by Third Party | Jul 22, 2022 | Current News & Events, Real Estate News

Source: Fox Business —  Luxury real estate agent Katrina Campins argued Wednesday that “the stock market is going to be an indicator of what happens in the real estate market.” The Campins Company founder stressed clients have been impacted by the...
Wary builders fear new home buyers are being priced out

Wary builders fear new home buyers are being priced out

by Third Party | Jul 22, 2022 | Current News & Events, Industry Updates, Real Estate News

Source: Realty Biz News —  Builders fear that demand for new homes could be on the wane. As a result, they’re taking their foot off the gas in terms of production, wary that too many prospective buyers have been priced out of the market by rising costs. In June,...

10 Crucial Questions to Ask a Real Estate Agent When Selling Your Home

by Third Party | Jul 22, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Realtor —  Home prices have been on the rise since the COVID-19 pandemic hit. For proof, look no further than the current median home price—a whopping $450,000. That’s not just a high price, but a new record set in June. As a seller, you may be motivated...
Mortgage Rates Hit 2 Week Lows

Mortgage Rates Hit 2 Week Lows

by Third Party | Jul 22, 2022 | Current News & Events, Industry Updates, Mortgage Information, U.S. Housing Market

Source: Mortgage News Daily —  Thursday brought the much-anticipated policy announcement from the European Central Bank (ECB).  While our focus remains on mortgage rates in an entirely different continent, major goings on in European markets almost always have...
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