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Dallas Housing Market Will Surge in 2024, Says NAHB Economist Rob Dietz at Home Builders Summit

Dallas Housing Market Will Surge in 2024, Says NAHB Economist Rob Dietz at Home Builders Summit

by Third Party | Nov 16, 2022 | Mortgage Information, U.S. Housing Market

Source: Candy’s Dirt —  The country is already in the midst of a “mild recession,” but local job growth is outstanding and inflation has peaked, an economist told Dallas builders last week. National Association of Home Builders Chief Economist Rob Dietz...
Looking for an Owner-Financed Home? 5 Things to Avoid

Looking for an Owner-Financed Home? 5 Things to Avoid

by Third Party | Nov 16, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: The Ascent —  There are at least two good reasons a potential home buyer may turn to owner financing. Perhaps their credit score is not high enough to qualify for a traditional mortgage, or they’re hoping to buy time to save for a larger down...
Mortgage Rates Need Another Push to Keep Plunging

Mortgage Rates Need Another Push to Keep Plunging

by Third Party | Nov 16, 2022 | Industry Updates, Mortgage Information

Source: The Wall Street Journal —  The pressure is finally coming off mortgage rates.  Amid the market’s huge reaction last week to the better-than-feared inflation print, and what it could signal about the direction of the Federal Reserve’s monetary policy, a...
4 Ways Rent-to-Own Can Help You Buy a House

4 Ways Rent-to-Own Can Help You Buy a House

by Third Party | Nov 15, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: The Ascent —  Although home prices in some regions of the country have softened, the median price of a single-family home still rings in at just under $385,000. With mortgage rates hovering around 7%, the monthly payment alone pushes many would-be home...
The Latest Inflation Numbers Are Good News for Mortgage Rates

The Latest Inflation Numbers Are Good News for Mortgage Rates

by Third Party | Nov 15, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: Money —  Hope for relief from rapidly rising mortgage rates was revived this week when October inflation numbers came in lower than expected. Consumer prices continued to increase last month but at a slower pace than at any other point this year. The...
If the value of your home is depreciating, you could have an upside down mortgage — here’s what you should know

If the value of your home is depreciating, you could have an upside down mortgage — here’s what you should know

by Third Party | Nov 15, 2022 | Industry Updates, Mortgage Information

Source: CNBC —  Buying a home often seems like a promising strategy to build wealth since your monthly mortgage payments can help you build equity, and home values typically appreciate over time. However, sometimes due to housing market conditions, your home’s...
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