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Housing supply is finally improving, as high prices and rising rates weigh on sales

Housing supply is finally improving, as high prices and rising rates weigh on sales

by Third Party | May 12, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: CNBC —  One of the leanest housing markets in history might be putting on some fat. The supply of homes for sale could increase in the next few weeks, according to new data from Realtor.com. In April, inventory was 12% lower than in the same month last...
Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market

Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market

by Third Party | May 12, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: CNBC —  It could be more listings on the market, or perhaps just fear that interest rates will move even higher, but homebuyers are showing more demand for mortgages. They are, however, turning even more to adjustable-rate mortgages (ARMs), which offer...
Something big is happening in the housing market

Something big is happening in the housing market

by Third Party | May 11, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Fortune —  The most competitive housing market ever is finally showing signs of breaking. As data trickles in for April, it’s becoming clear that the historically hot housing market has flipped trajectories. It’s now in cooling mode. The...
Will Home Prices Fall This Year? Here’s What Experts Say.

Will Home Prices Fall This Year? Here’s What Experts Say.

by Third Party | May 11, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Keeping Current Matters —  Many people are wondering: will home prices fall this year? Whether you’re a potential homebuyer, seller, or both, the answer to this question matters for you. Let’s break down what’s happening with home prices, where experts...
How Today’s Mortgage Rates Impact Your Home Purchase

How Today’s Mortgage Rates Impact Your Home Purchase

by Third Party | May 11, 2022 | Industry Updates, Mortgage Information, Real Estate News, Uncategorized

Source: Keeping Current Matters —  If you’re planning to buy a home, it’s critical to understand the relationship between mortgage rates and your purchasing power. Purchasing power is the amount of home you can afford to buy that’s within your financial reach....
More than half of Americans say inflation may have a ‘big negative impact’ on long-term financial goals, survey finds

More than half of Americans say inflation may have a ‘big negative impact’ on long-term financial goals, survey finds

by Third Party | May 10, 2022 | Mortgage Information, News/Current Events, Uncategorized

Source: CNBC —  Amid rising prices and a changing economy, many Americans question their ability to meet long-term financial goals, according to Country Financial’s Security Index. The survey polled 1,023 U.S. adults from March 18 to March 20, and more than half...
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