Source: Marketwatch — Six of the 10 counties most vulnerable to a downturn are in New Jersey, according to a Special Housing Risk Report — which looked at the highest concentrations of the most at-risk markets in the first quarter of 2022 — released by ATTOM, a...
Source: CNBC — Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained...
Source: Fox Business — Mortgage applications have fallen for a second consecutive week as homebuyers’ fears of a potential recession continue to grow. For the week ending July 1, the Mortgage Bankers Association reported a 5.4% decrease in mortgage...
Source: Keeping Current Matters — According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation....
Source: CNBC — Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained...
Source: Bankrate — Backed by the U.S. Department of Agriculture, USDA home loans are available to borrowers in certain rural areas. If you’re in an eligible area, you could qualify for this special no-down payment mortgage, provided your income falls within the...
Hits and Misses for the Real Estate Week of May 11-15
