Source: Salem News — American homeowners are feeling the pinch as the Federal Reserve continues to ratchet up interest rates to combat inflation. The average rate for a 30-year fixed rate mortgage rose above 6% this month for the first time since 2008, putting...
Source: CNN — The US housing market is in the midst of a major shift. After two years of stratospheric price appreciation, home prices have peaked and are on their way back down. But what homebuyers and homeowners alike want to know is: How much lower will...
Source: Austin Monitor — An Austin investment fund created to support and stabilize middle-income rental housing has been verified as an attractive and viable investment by researchers from two Texas universities. Affordable Central Texas, which began acquiring...
Source: Housing Wire — Conference season is here in full force. After a one-to-two-year break from in-person events due to the COVID-19 pandemic, it can be challenging to navigate the slew of mortgage conferences that hit the industry each fall. For some,...
Source: The Motley Fool — If you’re excited about buying a home, you’re probably thinking about all of the advantages of ownership. And there are plenty. You can personalize your space, of course. And your mortgage payments will help you build...
Source: Yahoo Finance — Historically speaking, most U.S. recessions arrive after a period of rate tightening by the Federal Reserve. As the Fed raises interest rates to tame inflation, it begins to cause economic activity to contract. Of course, “Fed-induced...
Hits and Misses for the Real Estate Week of May 11-15
