Source: Axios — The housing market has returned to earth. Home sellers can’t just name a price and expect buyers to pay; meanwhile over a trillion dollars in wealth in the form of home equity has evaporated. Why it matters: Think of this less as a crash...
Source: U.S. News — Getting to a point where you feel emotionally and mentally ready to buy a house can be a journey on its own. But your work doesn’t stop there. Most homebuyers don’t have a lump sum they can use to buy a home in one cash payment....
Source: Mortgage News Daily — We’re in the middle of a 4 day week culminating in one of the most important events of the year for interest rates. Thursday morning brings the release of the Consumer Price Index (CPI)–an inflation report that has...
Source: Business Insider — The bottom line: Cardinal Financial is a good mortgage lender for FHA borrowers or buyers considering a unique type of home, such as a tiny home or a shipping container home. Its application platform also makes it easy to upload...
Source: FT Adviser — The mortgage industry has a role to play in combatting climate change and reducing people’s energy bills, yet the vast majority of borrowers do not understand green mortgage products, research suggests. A survey from the Mortgage...
Source: Housing Wire — Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! So, the question is, are we...
Hits and Misses for the Real Estate Week of April 6-10
