Source: Nerd Wallet — September mortgage rates forecast Interest rates on fixed-rate mortgages are likely to remain fairly stable in the first three weeks of September. The forecast gets murkier at the end of the month. That’s because the Federal Reserve...
Source: News AZI — Macquarie analyst Victor German last week said deposit pricing was giving banks a “sugar hit,” at the same time as loan growth in their mortgage businesses slowed. “In the short term, banks continue to benefit from highly lucrative retail...
Source: CBS News — If you’re struggling with the rising costs of inflation, tapping your home equity may provide some relief. With products like cash-out refinances, home equity loans or HELOCs, you can turn that equity into cash and use it for any...
Source: Yahoo — The real estate market just can’t catch a break, with inventory of resale homes remaining low and rising interest rates making it harder for buyers to justify making the leap. And now we can add mortgage lender bankruptcies — and the rise (and...
Source: Motley Fool — At one point, the housing market was so hot and buyers were so desperate to purchase homes that they were willing to go to different extremes to get an offer accepted. Those included making offers without actually seeing homes in person...
Source: The Motley Fool — During the heart of the pandemic, qualifying for an affordable loan was pretty easy for most home buyers. Rates repeatedly hit record lows and it was possible to get a 30-year fixed-rate mortgage for under 3.00% if you had reasonable...
Hits and Misses for the Real Estate Week of May 11-15
