Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] How do you buy a house when you have a house to sell – need to pay off bills and it all has to be done now!!!!   And why is it...
Source: Banker & Tradesman — Wits’ End would make an appropriate name for a new subdivision in today’s wild housing market. While there’s not yet such a place on the map, many would-be buyers are quickly running out of patience.  Their frustration is not...
Source: Investopedia — If your spouse took out a reverse mortgage and you aren’t on the loan—or if you know someone in this situation—you need to understand what rights you have and what rights you lack. Reverse mortgage laws for non-borrowing spouses can be...
Source:Â Finger Lakes 1 —Â Higher mortgage rates and a red hot housing market have brought challenges to residents in parts of the United States, but have done little to cool the market. For the first time since 2011 mortgage rates in the U.S. hit 5%. According...
Source:Â CNBC —Â Fewer people are shopping for homes, a sign that homebuyers are getting priced out of the market due to surging mortgage rates, which spiked to an average of 5% this week for 30-year fixed-rate mortgages. The fixed-rate mortgage rate jumped 0.28%...
Source: Redfin — Early-stage homebuying demand continues to falter this spring as new listings fell 7% from a year earlier, the average 30-year fixed mortgage rate shot up to 5% and the median asking price climbed to $397,747, sending the typical homebuyer’s...
