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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...
Mortgage rates fall for the fourth week in a row

Mortgage rates fall for the fourth week in a row

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

Source: CNN —  Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the week before, according to Freddie Mac. A year ago, the 30-year fixed...
Fitch Ratings reveals how much US house prices will drop in 2023

Fitch Ratings reveals how much US house prices will drop in 2023

by Third Party | Dec 10, 2022 | Industry Updates, Mortgage Information

Source: MPA Mag —  US home prices are set to fall by 5% next year in line with substantial price falls in housing markets across the globe, according to a new report by Fitch Ratings. The ‘Global Housing and Mortgage Outlook – 2023’, which analyzed housing...
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