Source: Money —Â Hope for relief from rapidly rising mortgage rates was revived this week when October inflation numbers came in lower than expected. Consumer prices continued to increase last month but at a slower pace than at any other point this year. The...
Source: CNN Business — There is no sugarcoating it: This is a terrible time to buy a home. Mortgage rates for a 30-year fixed rate loan are now hovering above 7%, more than 4 percentage points higher than a year ago. That has slashed a typical buyer’s...
Source: CNBC — Buying a home often seems like a promising strategy to build wealth since your monthly mortgage payments can help you build equity, and home values typically appreciate over time. However, sometimes due to housing market conditions, your home’s...
Source: Forbes — Government-backed mortgages can be easier to qualify for compared to conventional loans. This can make them a good choice if you have a lower income, don’t have perfect credit or can’t afford a large down payment. Some borrowers might also...
Source: The Hill — One housing affordability measure made it on a statewide ballot in this year’s midterm elections amid a nationwide housing crisis that has left the U.S. short at least a million homes — and it is projected to pass narrowly. But a new report...
Social media is more important than ever in growing your real estate business. Not only does nearly everyone have access to the internet, but it’s also being used overwhelmingly in business research, relationship development, e-commerce, and more. Social media has...