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Home Buyers Are Finding Ways to Take the Sting Out of Rising Mortgage Rates

Home Buyers Are Finding Ways to Take the Sting Out of Rising Mortgage Rates

by Third Party | May 4, 2022 | Mortgage Information, News/Current Events

Source: Realtor.com —  Mortgage rates are at their highest level in more than a decade. Home buyers are fighting back. More borrowers are paying fees to cut their interest rates and making higher down payments to lower the amount they have to finance, lenders...
Real estate expert on whether home prices could come down amid Fed rate hikes

Real estate expert on whether home prices could come down amid Fed rate hikes

by Third Party | May 4, 2022 | Mortgage Information, Real Estate News

Source: Fox Business —  First American Financial Corporation chief economist Mark Fleming discussed where he believes home prices are going amid expected rate hikes from the Federal Reserve as a way to tame surging inflation.  Fleming, who leads an economics...
The New Rules of What It’ll Truly Take To Save Up for a House Today

The New Rules of What It’ll Truly Take To Save Up for a House Today

by Third Party | May 3, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Realtor.com —  If you’re saving for a down payment for a home—particularly your first—you probably know this is one tricky real estate moment. With inflation sending prices spiraling, mortgage interest rates ticking up, and biddings wars on homes more...
Utah’s housing market is tough, but those with disabilities face additional barriers, advocates say

Utah’s housing market is tough, but those with disabilities face additional barriers, advocates say

by Third Party | May 2, 2022 | Mortgage Information, News/Current Events

Source: Deseret News—  He said he hadn’t known he could find assistance through his military benefits. The clinic restored him to health, but the help didn’t end there. Another veteran got him approved for an apartment with a voucher, Ware said....
A more “normalized” housing market is on the horizon: NAR

A more “normalized” housing market is on the horizon: NAR

by Third Party | May 2, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Housing Wire —  For the fifth consecutive month, pending home sales declined in March from February, down 1.2%, signaling a potential return to “much calmer” conditions, according to the National Association of Realtors. Only the northeast region saw an...
US home prices rose by nearly 20% year-over-year in February

US home prices rose by nearly 20% year-over-year in February

by Third Party | May 1, 2022 | Mortgage Information, Real Estate News

Source: CNN —  Prices rose 19.8% year-over-year in February, an even higher rate than the 19.2% growth seen in January, according to the S&P CoreLogic Case-Shiller US National Home Price Index.   Phoenix, Tampa and Miami reported the highest year-over-year...
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