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U.S. Property Foreclosures Spike 132 Percent Annually

U.S. Property Foreclosures Spike 132 Percent Annually

by Third Party | Apr 24, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: World Property Journal —  Foreclosures increase in all 50 States in early 2022 According to ATTOM’s newly released Q1 2022 U.S. Foreclosure Market Report, there were 78,271 U.S. properties with a foreclosure filing during the first quarter of 2022,...
What home prices will look like in 2023, according to Zillow’s revised downward forecast

What home prices will look like in 2023, according to Zillow’s revised downward forecast

by Third Party | Apr 23, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Fortune —  There’s no doubt about it: Soaring mortgage rates are an economic shock to the U.S. housing market. Over the past month alone, the average 30-year fixed mortgage rate has spiked from 3.11% to 5.11%. It’s both pricing out some...
Mortgage rates just hit a 12-year high

Mortgage rates just hit a 12-year high

by Third Party | Apr 22, 2022 | Mortgage Information, News/Current Events

Source: CNN—  Mortgage rates continued to rise this week, reaching their highest level in more than a decade. The 30-year fixed-rate mortgage averaged 5.11% in the week ending April 21, up from 5% the week before, according to Freddie Mac. It is the seventh...
Relax and Recharge in Your Mental Hobby Shop

Relax and Recharge in Your Mental Hobby Shop

by Dan Harkey | Apr 22, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Most people have a place they go to or an activity they engage in that helps them move into peacefulness, serenity, and resolve. They can spend time happily away from exterior societal pressures. I refer to that state of being as their “Mental Hobby Shop,”...
Why This Housing Market Is Not a Bubble Ready To Pop

Why This Housing Market Is Not a Bubble Ready To Pop

by Third Party | Apr 21, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  Homeownership has become a major element in achieving the American Dream. A recent report from the National Association of Realtors (NAR) finds that over 86% of buyers agree homeownership is still the American Dream. Prior to...
Liens and Encumbrances Affecting Real Property Ownership

Liens and Encumbrances Affecting Real Property Ownership

by Dan Harkey | Apr 20, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315  | e: [email protected]  What is a Lien? A lien is a legal right or claim against real property, referred to as a security interest. The lien is given or conveyed to a creditor (lender)...
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