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Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009

Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009

by Third Party | Apr 28, 2022 | Mortgage Information, News/Current Events

Source: CNBC —  Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell 8.3% last week compared with the previous...
A Rising Star

A Rising Star

by Third Party | Apr 27, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools

Source: Housing Wire —  When it comes to commercial real estate, the post-pandemic economy has grounded some asset classes while others are now rising stars. Multifamily and industrial are two sectors proving especially resilient to recent economic hardships....
Are Mobile & Manufactured Homes Real or Personal Property?

Are Mobile & Manufactured Homes Real or Personal Property?

by Dan Harkey | Apr 27, 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] Say Hello to Dolly Llama from the Mini-Farm What is the Difference Between Mobile & Manufactured Homes? The terms mobile and manufactured homes are often used...
How Homeownership Can Help Shield You from Inflation

How Homeownership Can Help Shield You from Inflation

by Third Party | Apr 27, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  If you’re following along with the news today, you’ve likely heard about rising inflation. You’re also likely feeling the impact in your day-to-day life as prices go up for gas, groceries, and more. These rising consumer costs...
Americans Are Buying Smaller Homes as Prices Skyrocket

Americans Are Buying Smaller Homes as Prices Skyrocket

by Third Party | Apr 24, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Redfin —  Americans are buying smaller homes than they were at the height of the pandemic. The typical U.S. home that went under contract in March was 1,720 square feet, down 1.8% from 1,751 square feet the same time last year and roughly the same size...
Russian threat keeps mortgage cybersecurity experts on alert

Russian threat keeps mortgage cybersecurity experts on alert

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

Source: National Mortgage News —  Russia’s hostilities in Ukraine have already impacted the U.S. housing market and as the war goes on, the mortgage industry’s cybersecurity experts are bracing for tests of their defenses. The uncertainty caused by the initial...
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