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Mortgage overpayments vs savings: what’s the best option for your cash?

Mortgage overpayments vs savings: what’s the best option for your cash?

by Third Party | Feb 21, 2023 | International Real Estate News, Mortgage Information, Real Estate Agent Tools

Source: Which —  With interest rates hitting heights not seen for years, overpaying on your mortgage is a tempting move that could save you tens of thousands in the long run. Having the extra cash available to make overpayments isn’t something open to...
Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year

Housing market once again braces for higher mortgage rates—where 8 experts see rates going this year

by Third Party | Feb 21, 2023 | Mortgage Information, News/Current Events

Source: Yahoo! Life —  Builders and real estate agents alike are celebrating signs of life in the U.S. housing market. That’ll happen when a mild home price correction coupled with mortgage rates falling from 7.37% in early November to 5.99% in...
With Home Prices Stabilizing, Realtors Looking Forward to Good Spring Home Buying Season

With Home Prices Stabilizing, Realtors Looking Forward to Good Spring Home Buying Season

by Rick Grant | Feb 21, 2023 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Home sales nationwide in January were up 6% from a year ago and are 39% higher than in 2020, according to Zillow’s first monthly market report of 2023. Buyers took advantage of slightly lower mortgage rates in January, but sellers have yet to join the fray. The number...
Fewer people are taking out mortgages as interest rates increase

Fewer people are taking out mortgages as interest rates increase

by Third Party | Feb 20, 2023 | Mortgage Information, Real Estate Agent Tools

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...
4 Tips to Get Approved for a Mortgage With Bad Credit

4 Tips to Get Approved for a Mortgage With Bad Credit

by Third Party | Feb 20, 2023 | Mortgage Information, Real Estate Agent Tools

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...
In this volatile housing market, here’s how to know when the bottom is in

In this volatile housing market, here’s how to know when the bottom is in

by Third Party | Feb 20, 2023 | Mortgage Information, U.S. Housing Market

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...
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