Source: Forbes — 13 January: Higher Payments And Deposits Making Ownership More Difficult Monthly mortgage payments are taking a larger bite out of typical first-time buyer household outgoings, writes Laura Howard. Monthly mortgage payments now account for 39%...
Source: US News — Mortgage rates are widely expected to fall this year as inflation recedes and the U.S. economy prepares for the possibility of a modest recession, according to some of the nation’s leading real estate economists. This comes after...
Source: MPA Mag — With interest rates rising in light of inflation, some would-be homeowners are eyeing 15-year mortgages in lieu of the traditional 30-year variety to build equity quicker. But one industry veteran urges caution against the option unless one is...
Source: Yahoo! — There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property’s rental income should be at least 2% of the purchase price....
Source: NAHB — As the Federal Reserve continues to fight inflation, mortgage rates increased rapidly in 2022, starting the year at 3% and rising above 7% before dropping back to roughly 6.5% at the end of the year. How do rapidly rising mortgage rates affect...
Source: Fortune — For most prospective home buyers, obtaining a mortgage is an essential part of the home buying process. And getting quotes from multiple lenders in order to ensure you secure the most competitive and affordable mortgage possible is nearly as...
