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Why Are Mortgage Rates Going Up?

Why Are Mortgage Rates Going Up?

by Third Party | Nov 3, 2022 | Industry Updates, Mortgage Information

Source: Forbes —  By now you’ve probably seen that interest rates are on their way up. The Fed has been raising rates for a number of quarters now in an attempt to wind down the sky high levels of inflation. So far they’ve not had much luck on that front, but...
Homebuilders say they’re on the edge of a steeper downturn as buyers pull back

Homebuilders say they’re on the edge of a steeper downturn as buyers pull back

by Third Party | Nov 3, 2022 | Industry Updates, U.S. Housing Market

Source: CNBC —  The once-hot housing market is cooling off at an alarming rate, and some homebuilders say it will only get worse come the new year as new orders dry up. Fast-rising mortgage rates have caused once-frenzied homebuyers to turn on their heels and...
Move Over Real Estate: Why Managed Futures Are the New Portfolio Diversifier

Move Over Real Estate: Why Managed Futures Are the New Portfolio Diversifier

by Third Party | Nov 2, 2022 | Industry Updates, Real Estate News

Source: EFT Trends —  Real estate has had a historical role as a 3%–5% diversifier within equity and bond portfolios, but in the changing and challenged markets of 2022, real estate investment trusts (REITs) and the real estate sector broadly have proven to be...
Historical Insight: Mortgage Rate Moves Are Independent And Can Turn Quickly

Historical Insight: Mortgage Rate Moves Are Independent And Can Turn Quickly

by Third Party | Nov 2, 2022 | Industry Updates, Real Estate News

Source: Forbes —  The fast 4% mortgage rate climb to 7% has sparked worries about the housing market. However, the residential real estate market produces its own cycles, even running counter to the stock and bond markets. That independence comes from a focus on...
Mortgage rates are at a 20-year high. Here’s what that means for monthly payments.

Mortgage rates are at a 20-year high. Here’s what that means for monthly payments.

by Third Party | Nov 1, 2022 | Industry Updates, News/Current Events, U.S. Housing Market

Source: ABCNews —  The spike in mortgage rates this week continues a monthslong trend that has dramatically escalated the cost of home loans – but the exact price hike may surprise some homebuyers. The 30-year fixed-rate mortgage leapt to 7.08% on...
The Hottest Housing Market In America

The Hottest Housing Market In America

by Third Party | Nov 1, 2022 | Industry Updates, News/Current Events, U.S. Housing Market

Source: 24/7 Wall St. —  There is a real concern that the extremely hot housing market has started to collapse, especially in markets where prices have surged at record paces. One of the threats is due to mortgage rates that have risen from 3% a year ago to 7%...
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