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Will Home Prices Fall This Year? Here’s What Experts Say.

Will Home Prices Fall This Year? Here’s What Experts Say.

by Third Party | May 11, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Keeping Current Matters —  Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts...
Title insurance industry premiums spike $7B year over year

Title insurance industry premiums spike $7B year over year

by Third Party | May 11, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Housing Wire —  The American Land Title Association saw a nearly 36% year-over-year increase in title insurance premium volume in 2021 for a staggering $7 billion spike, according to the trade group’s Market Share Analysis, published Friday. The title...
How Today’s Mortgage Rates Impact Your Home Purchase

How Today’s Mortgage Rates Impact Your Home Purchase

by Third Party | May 11, 2022 | Industry Updates, Mortgage Information, Real Estate News, Uncategorized

Source: Keeping Current Matters —  If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach....
Inflation soars in Phoenix, Atlanta, Tampa as homebuyers arrive

Inflation soars in Phoenix, Atlanta, Tampa as homebuyers arrive

by Third Party | May 10, 2022 | Industry Updates, Mortgage Information, Real Estate News, Uncategorized

Source: Fox Business —  Phoenix, Tampa and Atlanta are seeing some of the highest inflation rates in the country as the areas attract a surge of homebuyers, according to Redfin. Redfin deputy chief economist Taylor Marr said inflation, which surged 8.5% over the...
Wonder How High Home Prices Can Go? Here Are America’s Most Expensive ZIP Codes in 2022

Wonder How High Home Prices Can Go? Here Are America’s Most Expensive ZIP Codes in 2022

by Third Party | May 10, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Realtor.com —  With home prices setting record highs month after month—reaching a remarkable nationwide median of $405,000 in March—just about all homebuyers are grumbling these days that they can’t get a break. But if you’ve ever wondered just how high...
Mortgage rate locks tumble amid sharp rate rise

Mortgage rate locks tumble amid sharp rate rise

by Third Party | May 10, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Housing Wire —  Fewer buyers rushed to lock mortgages last month amid a rapid climb in long-term mortgage rates, reflecting home affordability concerns, reports from Mortgage Capital Trading and Black Knight showed. Total mortgage rate locks by dollar...
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