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Mortgage rates are up, sales of homes are down

Mortgage rates are up, sales of homes are down

by Third Party | Oct 12, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: NPR —  AILSA CHANG, HOST: The U.S. housing market today looks very different from the frenzied market of about a year ago. Sales of existing homes dropped for the seventh month in a row as of September. Builders are breaking ground on fewer new homes now...
International Conference For The Brightest Minds In Finance & Insurance

International Conference For The Brightest Minds In Finance & Insurance

by Staff Writer | Oct 10, 2022 | Mortgage Information

AGENDA AT-A-GLANCE Event Schedule Our exciting USA edition brings to you the latest happenings in the world of money and valuable info on the changing global financial landscape. As we focus on the revival of the economy after the COVID-19 pandemic, it is essential...
6 Mortgage Options for Seniors

6 Mortgage Options for Seniors

by Third Party | Oct 9, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Total Mortgage —  Mortgage rates are on the rise, but that doesn’t mean retirees can’t take advantage of mortgage options for seniors, allowing them to downsize, purchase a second property, or take advantage of their home equity to pay off debt or make...
Surging interest rates sucker punch homebuilders and buyers alike in metro Denver

Surging interest rates sucker punch homebuilders and buyers alike in metro Denver

by Third Party | Oct 8, 2022 | Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market

Source: The Denver Post —  Long lead times to complete new homes have combined with rapidly rising interest rates, now at 15-year highs, to put metro Denver homebuilders and their customers in a predicament unlike any seen since the housing bust.   Read...
Want to Buy a Home Without a Mortgage? Here’s How

Want to Buy a Home Without a Mortgage? Here’s How

by Third Party | Oct 7, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: The Motley Fool —  Mortgages have gotten expensive. Last year, it was more than possible to sign a 30-year mortgage at under 3%, especially with great credit. Nowadays, you might end up paying somewhere around 6% for a 30-year loan. Unfortunately, most...
Choice: A new luxury amidst the sell-off

Choice: A new luxury amidst the sell-off

by Third Party | Oct 5, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Chase —  Market update: Breaking points There has been one question for investors to consider this year: What would it take to break inflation? The hope at the beginning of the year was that a combination of interest rate hikes and natural resolution of...
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