Source: Forbes — An estimated 800,000 home loans totalling $350 billion will fall off a ‘mortgage cliff’ this year when the loan switches from a fixed interest rate to a higher variable rate, according to estimates from the Reserve Bank of Australia (RBA). More...
Source: G2 — Not every “for-rent” is a “homecoming.” How long does it take you to finalize a new home for rent? Can you silence your inner needs of owning a perfect apartment with perfect french windows, a serene neighborhood, and a...
Source: Mortgage News Daily — It was unrealistic to expect last week’s strong increase in mortgage activity to be sustainable in the current volatile rate environment, and indeed it was not. The Mortgage Bankers Association said its seasonally adjusted Market...
Source: Market Watch — Investors are slinking away from the real-estate market as home-price growth slows and the possibility of price drops appears on the horizon. Purchases of homes by investors in the U.S. fell by 45.8% year over year in the fourth quarter,...
Source: USA Today — After every month in 2022 recorded a decline in builder confidence, could 2023 herald a change? It’s beginning to look that way. Builder confidence in the market for newly built single-family homes in February rose seven points to 42,...
