Source: MorningStar — Goldman Sachs economists say they expect rates will ‘remain persistently high’ The U.S. housing market has been pushed into a recession, helped by pandemic-era prices and mortgage rates now surpassing 7%. “The headwind...
Source: Fitch Ratings — Fitch Ratings-New York-10 October 2022: Fitch Ratings estimates that U.S. home prices were overvalued by 12.2% for 2Q22 on a population-weighted average basis, according to a new Fitch Ratings report. Fitch expects that the overvaluation...
Source: Binance Academy — Introduction The concept of the metaverse and digital real estate go hand in hand. But like many crypto trends, media coverage hasn’t provided sufficient clarity. Just as it is with any other investment, it’s crucial to grasp the...
Source: KSL — SALT LAKE CITY — The U.S. housing market has turned, and it’s starting to backfire on home flippers. Mortgage rates are now hovering around 7%, further straining housing affordability and pricing buyers out of the market. Meanwhile inflation...
Source: South China Morning Post — Aki Wang made a resolution on her 35th birthday in June. She vowed to pay off her 25-year mortgage before she turns 40, which will save her close to 1 million yuan (US$140,535) in interest payments. “I pay 5.1 per cent...
Source: News Nation Now — (NerdWallet) – Mortgage interest rates are likely to keep on rising in October. Projecting the trend for mortgage rates this month isn’t particularly tricky, but it doesn’t look like there’ll be any treats, either. While we don’t face...
