Source: World Property Journal — The National Association of Home Builders chairman Jerry Konter issued the following statement in response to this week’s House Ways and Means Committee Hearing, Nowhere to Live: Profits, Disinvestment, and the American...
Source: Keeping Current Matters — If you’ve been thinking about buying a home, you likely have one question on the top of your mind: should I buy right now, or should I wait? While no one can answer that question for you, here’s some information that could help...
Source: Aljazeera — As real estate in the United States remains strong despite rising interest rates, market analysts interviewed by Al Jazeera predict that the next housing crisis will centre around Americans locked out of homeownership. “That’s our big...
Source: US News — The most common mortgage loan terms are 15 and 30 years, but if you need a lower monthly payment, a 40-year mortgage may be an option. While this longer loan payoff period could reduce your mortgage payment and bring home affordability within...
Source: Forbes — Mortgage originator loanDepot on Tuesday unveiled a plan to cut thousands of jobs and reduce costs “significantly” as higher interest rates sink mortgage demand—becoming the latest company to warn that the housing market is due for a steeper...
Source: Mortgage News Daily — Mortgage rates moved sharply higher last week relative to where they ended the previous week. In the 3 weeks before that, rates fell at one of the fastest paces on record, largely because the starting point was the highest level...
Hits and Misses for the Real Estate Week of May 11-15
