Source: Investopedia — When interest rates fall, many homeowners will refinance their mortgage to lock in a lower interest rate, which can reduce a borrower’s monthly payment or allow a homeowner to build equity more quickly. However, one group of...
Source: Fortune — Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course, disagreed. Back in May, Zandi...
Source: KTOO — This question asks voters to repeal measures the Juneau Assembly adopted in 2020 and this past February that mandate sharing real estate sales prices with the city assessor’s office. The assessor’s job is to determine the fair market value of...
Source: Mortgage Introducer — A recent study has shown that the rising cost of energy could lead to thousands of applicants missing out on mortgages due to its impact on their affordability. Data analysis by Mortgage Broker Tools (MBT) has found that while...
Source: The Mortgage Reports — Where can I find a bank statement loan? The home loan process looks a little different when you have self-employed income. Traditional home loans are an option, but some self-employed borrowers prefer bank statement loans, which...
Source: Click 2 Houston — HOUSTON – Sikiru Ogunboyejo has been a real estate agent for eight years. He says he’s seen major fluctuations in interest rates during his time on the job. ”When COVID started interest rates were, I wouldn’t say at an all-time low,...
Hits and Misses for the Real Estate Week of May 11-15
