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9 Steps to Getting the Perfect Mortgage as Rates Rise

9 Steps to Getting the Perfect Mortgage as Rates Rise

by Third Party | Sep 6, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

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...

Strong demand for mortgages

by Third Party | Sep 6, 2022 | Mortgage Information, News/Current Events, Real Estate Agent Tools

Source: Ekathimerini.com —  Demand for housing loans has continued unabated after the January-June semester, as after a long lull over previous years, households are scrambling to meet their housing needs while securing the long-term low fixed interest rates...
What’s considered luxury real estate?

What’s considered luxury real estate?

by Third Party | Sep 4, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Bankrate —  You’ve thumbed the glossary magazines, scanned the listings pics, binge-watched all the residential real estate shows. And still, you’re not sure what counts as luxury real estate, exactly. Is it a property priced at $1 million-plus? A home...
US housing markets are slowing. Is Florida the exception?

US housing markets are slowing. Is Florida the exception?

by Third Party | Sep 4, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: Tampa Bay Times —  After two years of near-nonstop growth, housing prices may have finally peaked in some U.S. cities, according to data from Florida Atlantic University. Still, experts predict that Florida’s real estate market will remain strong...
Economist Joseph Stiglitz says there are 3 reasons why further Fed rate hikes might make inflation worse

Economist Joseph Stiglitz says there are 3 reasons why further Fed rate hikes might make inflation worse

by Third Party | Sep 3, 2022 | Mortgage Information, News/Current Events

Source: CNBC —  Federal Reserve officials have spent the last week indicating rate hikes will continue in order to bring down rising prices — but this risks intensifying inflationary pressures, according to a Nobel Prize-winning economist. “The real worry in my...
The U.S. housing market downturn will be worse in 2023, forecasts Goldman Sachs

The U.S. housing market downturn will be worse in 2023, forecasts Goldman Sachs

by Third Party | Sep 3, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: Fortune —  The U.S. entered into its first housing downturn of the post–Great Financial Crisis era. And the worst still awaits. On Tuesday, researchers at Goldman Sachs released a paper titled “The Housing Downturn: Further to Fall.” The investment bank...
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