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‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay

‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay

by Third Party | Dec 12, 2022 | Mortgage Information, Real Estate News

Source: Yahoo! —  Mortgage rates are continuing their downward trend as investors keep a lookout for more signs of cooling inflation. “This week, labor cost data provided a ray of hope as it showed that hourly compensation was lower than previously reported in...
Best Mortgage Lenders For First-Time Homebuyers

Best Mortgage Lenders For First-Time Homebuyers

by Third Party | Dec 12, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Next Advisor —  Buying a house for the first time can put a strain on your budget. Fortunately, first-time homebuyer programs can ease the pressure by offering some form of financial assistance. Considering how much home prices have increased in the past...
What is a commercial mortgage? Learn everything in this article!

What is a commercial mortgage? Learn everything in this article!

by Third Party | Dec 11, 2022 | Mortgage Information, Real Estate Agent Tools

Source: MPA Mag —  You have been running a successful business for a couple years, but you need to either update your current commercial real estate property or buy a new one. This is where a commercial mortgage comes in. These types of mortgages are like...
3 smart times to refinance your mortgage

3 smart times to refinance your mortgage

by Third Party | Dec 11, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: CBS News —  When you first bought your home, there’s a good chance you took out a long mortgage, like a 30-year fixed-rate loan. While that might have felt like almost a lifelong decision, the reality is that homeowners can often change their...
Mortgage rates hit lowest point since September

Mortgage rates hit lowest point since September

by Third Party | Dec 11, 2022 | Mortgage Information, Real Estate News

Source: Yahoo! Money —  Mortgage rates retreated further this week, hitting their lowest point since September, but economic uncertainty continues to weaken homebuyer demand. The rate on the average 30-year fixed mortgage declined to 6.33% this week from 6.49%...
Mortgage Rates Are Falling Fast But Homebuyers Aren’t Biting

Mortgage Rates Are Falling Fast But Homebuyers Aren’t Biting

by Third Party | Dec 10, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Forbes —  Mortgage rates have dipped for a fourth straight week, notching their biggest extended decline in 14 years. Despite the tumbling rates, demand for loans remains weak, with homebuyers looking for more incentives to jump back into the market. The...
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