Source: Fox 10 Phoenix — LOS ANGELES – During the height of the COVID-19 pandemic, the Federal Reserve kept interest rates historically low, and this meant a home buyer could borrow money at an incredibly low rate. Now, experts say the housing market...
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...
Hits and Misses for the Real Estate Week of June 15-19
