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Q&A: What Data Tells Us About Rural Housing Cost Burdens

Q&A: What Data Tells Us About Rural Housing Cost Burdens

by Third Party | Nov 14, 2022 | Mortgage Information, U.S. Housing Market

Source: The Daily Yonder —  Lance George is the Housing Assistance Council’s director of research and information, an arm of that nonprofit which seeks to generate and improve access to reliable data about rural housing trends nationwide. Since 2020, a lot of...
How will rising interest rates impact housing market in 2023? Experts weigh in

How will rising interest rates impact housing market in 2023? Experts weigh in

by Third Party | Nov 13, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

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...
Homeowners lost more than a trillion dollars in equity

Homeowners lost more than a trillion dollars in equity

by Third Party | Nov 13, 2022 | Industry Updates, Mortgage Information, U.S. 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...
How to Financially Prepare for Buying a House

How to Financially Prepare for Buying a House

by Third Party | Nov 12, 2022 | Mortgage Information, Real Estate Agent Tools

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....
Mortgage Rates Move Lower For Third Straight Day

Mortgage Rates Move Lower For Third Straight Day

by Third Party | Nov 12, 2022 | Mortgage Information, News/Current Events

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...
Cardinal Financial review: A mortgage lender with options for tiny homes and other unique housing

Cardinal Financial review: A mortgage lender with options for tiny homes and other unique housing

by Third Party | Nov 12, 2022 | Mortgage Information, Real Estate News

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...
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