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Cash out refi vs. home equity loan: What you need to know

Cash out refi vs. home equity loan: What you need to know

by Third Party | Jul 20, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Bankrate —  If you need cash and have a sizable amount of home equity built up, you may consider a cash-out refinance or a home equity loan. Both a cash-out refinance and a home equity loan allow you to borrow against your home’s equity, using your home...
Grim outlook for housing market, NAHB CEO warns

Grim outlook for housing market, NAHB CEO warns

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Fox Business —  National Association of Home Builders CEO Jerry Howard warned on “Varney & Co.” Monday of “a tough time” ahead for the industry as data revealed the housing market has been slowing down. Howard provided the...
Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates

Single-Family Starts Fall to Two-Year Low on Higher Construction Costs and Interest Rates

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: Eye on Housing —  Increased interest rates, building material supply chain bottlenecks and elevated construction costs continue to put a damper on the single-family housing market. For the first time since June 2020, both single-family starts and permits...
Wondering Where You’ll Move if You Sell Your House Today?

Wondering Where You’ll Move if You Sell Your House Today?

by Third Party | Jul 19, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  If you put a pause on your home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is undergoing a shift, and the supply...
Should you rent or buy a home? Use this simple rule to ‘avoid financial regret,’ says real estate investor

Should you rent or buy a home? Use this simple rule to ‘avoid financial regret,’ says real estate investor

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: CNBC —  When it comes to maximizing your lifestyle and net worth, the question “should I rent or buy” is one of the most heavily debated. Even if you already own your home or apartment, it’s a good exercise to regularly consider whether living there is...
Foreign buyers remain absent from U.S. housing market

Foreign buyers remain absent from U.S. housing market

by Third Party | Jul 19, 2022 | Industry Updates, News/Current Events, Real Estate News, U.S. Housing Market

Source: The Real Deal —  The share of U.S. homes purchased by foreign nationals — a potentially critical pool of buyers as rising interest rates threaten to slow domestic spending — has tumbled to a more than twelve-year low. Foreign nationals bought 98,600...
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