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Taking a flying leap into mortgages

Taking a flying leap into mortgages

by Third Party | Jan 1, 2023 | Mortgage Information, Real Estate Agent Tools

Source: MPA Mag —  It’s only during life’s more painful episodes that people are invariably forced to reconsider their place in the world, and sometimes their career. Inevitably, it involves change, but taking that momentous first step is often the hardest...
What to Do With an Underwater Mortgage

What to Do With an Underwater Mortgage

by Third Party | Jan 1, 2023 | Mortgage Information, Real Estate Agent Tools

Source: US News —  An underwater mortgage, also called an upside-down mortgage, occurs when the loan’s principal balance is higher than the home’s fair market value, resulting in negative equity. In other words, a mortgage becomes underwater when you...
Most homebuyers don’t shop for mortgages: Zillow

Most homebuyers don’t shop for mortgages: Zillow

by Third Party | Jan 1, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Fox Business —  When it comes to researching which purchases best fit their finances, buyers said they spent more time browsing for cars and vacations than they did mortgages, a recent survey by Zillow Home Loans said. Seventy-two percent of prospective...
High mortgage rates, recession fears: Who actually wants to buy a house in 2023?

High mortgage rates, recession fears: Who actually wants to buy a house in 2023?

by Third Party | Jan 1, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Marketplace —  The housing market is ending 2022 on a pretty sour note. Pending home sales in November dipped to their second lowest level since the National Association of Realtors started tracking that stat 20 years ago. And though mortgage rates have...
Mortgage rates increase after six weeks of declines

Mortgage rates increase after six weeks of declines

by Third Party | Dec 31, 2022 | Mortgage Information, Real Estate News

Source: Yahoo! News —  Mortgage rates increased this week, breaking their six-week streak of declines just ahead of the new year. The average rate on the 30-year fixed mortgage rose to 6.42% from 6.27% the week prior, according to Freddie Mac. That marked the...
Should you have a mortgage in retirement?

Should you have a mortgage in retirement?

by Third Party | Dec 31, 2022 | Mortgage Information, Real Estate Agent Tools

Source: Fortune —  Retirement planning often includes the goal of eliminating mortgage payments before leaving the workforce behind. This approach is based on the idea that it’s easier to make ends meet in retirement by reducing expenses and not having to deal...
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