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Are There More Homes Coming to the Market?

Are There More Homes Coming to the Market?

by Third Party | May 15, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  According to a recent survey from the National Association of Realtors (NAR), one of the top challenges buyers face in today’s housing market is finding a home that meets their needs. That’s largely because the inventory of...
Demand For Second Homes Is Way Down From Last Year’s Boom

Demand For Second Homes Is Way Down From Last Year’s Boom

by Third Party | May 15, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  Demand for vacation homes is way down after last year’s pandemic-driven boom.  Mortgage-rate locks for second homes were up 9.1% from pre-pandemic levels in April,  essentially unchanged from a revised rate of 8.7% in March and down from 15% in...
Best Week For Rates in Almost 2 Years, But There’s a Catch

Best Week For Rates in Almost 2 Years, But There’s a Catch

by Third Party | May 15, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Mortgage News Daily —  Mortgage rates have moved higher at the fastest pace in decades so far in 2022, but this week proved to be a refreshing exception.  To understand why, we first need to examine the relationship between stocks and bonds, which is a...
U.S. Commercial Lending to Hit $895 Billion in 2022, Despite Higher Rates

U.S. Commercial Lending to Hit $895 Billion in 2022, Despite Higher Rates

by Third Party | May 14, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: World Property Journal —  According to a recently updated forecast released by the Mortgage Bankers Association, total U.S. commercial and multifamily mortgage borrowing and lending is expected to hold steady at a projected $895 billion of total lending...
Fewest homeowners underwater on their mortgages in more than 12 years

Fewest homeowners underwater on their mortgages in more than 12 years

by Third Party | May 13, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Scotsman Guide —  According to CoreLogic’s most recent Homeowner Equity Report, U.S. homeowners with mortgages saw their equity grow by 29.3% year over year in fourth-quarter 2021, an average gain of $55,300 per borrower. Collectively, these homeowners...
Let’s be a HERO and  hold it together – or try for our clients!

Let’s be a HERO and hold it together – or try for our clients!

by Debbie Bloyd | May 13, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools, Real Estate News

Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or  [email protected] Everyone is stressed out about finding a house then moving!!!!  I have a client now that is just stressed out of her mind …… did I say...
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