Source: Gazette-Times — Experian examined mortgage rate data from Freddie Mac and the number of mortgage applications to see how rising interest rates are affecting potential homebuyers. Fewer people are taking out mortgages as interest rates increase Americans...
Source: The Ascent — Your credit score is a major cornerstone of your personal finances, and sometimes it feels as if that three-digit number plays a role in just about every money move you want to make. Getting a mortgage loan is no exception, and if your...
Source: CNBC — Chicago realtor Jeremy Fisher headed to Florida after Christmas counting on five mostly-relaxed weeks, after a slow second half of 2022 left him with a bunch of unsold listings exiting the year. Instead, the Compass broker ended up flying back to...
Source: Wolf Street — Mortgage balances ballooned because home prices ballooned in recent years, requiring more debt to finance the same home, and so mortgage balances in Q4 rose 2.2%, or by $253 billion, from the prior quarter, and by 9%, or by $1 trillion,...
Source: Zillow — The Zillow Home Value Index (ZHVI) now incorporates the more accurate neural Zestimate. Starting with Zillow’s January 2023 data release, and for all subsequent releases, the full ZHVI time series has been upgraded to harness the power of the...
Source: Bankrate — Most people can’t afford to design and build their own home or pay for major renovations out of pocket, which is why many lenders offer construction loans — shorter-term loans used to finance construction/rehabilitation of or addition to a...
Report: Prince Harry and Meghan Markle Considering a Move to Los Angeles
