Source: Realtor — If you’re thinking of buying a home in today’s market, you need to be prepared for the possibility of an appraisal gap. So what is an appraisal gap? An appraisal gap is when a home’s appraised value is lower than the purchase price the buyer...
Source: National Mortgage News — XBTO Group, a Miami-based crypto finance platform and asset manager, unveiled its bitcoin-collateralized mortgage offering this week. The company plans to offer the product to home buyers making purchases valued at $1 million or...
What am I doing with my day today and most days? Mortgages – all kinds of mortgages. I have been a mortgage broker over 25 years now and it always amazes me of the information that is out there, it always has a slant on it. There is always a bias on whether it is...
Source: Cowboy State Daily — Real estate prices have more than doubled in Teton County in the past 18 months and properties selling for less than $1 million are increasingly rare in the county’s limited housing inventory, according to a report by a Jackson real...
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Source: CNBC — The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year...
Builders Grow Slightly More Confident in Housing Market
