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Owning Is More Affordable than Renting in the Majority of the Country

Owning Is More Affordable than Renting in the Majority of the Country

by Third Party | Feb 1, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Keeping Current Matters —  If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. According to the latest report from...
Pending Home Sales in U.S. Slide 3.8 Percent in December

Pending Home Sales in U.S. Slide 3.8 Percent in December

by Third Party | Jan 30, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: The World Property Journal—  According to the National Association of Realtors, pending home sales fell in December 2021, denoting two straight months of declines. All four major U.S. regions posted both month-over-month and year-over-year drops in...
‘It’s anguish, it’s pain, it’s agony’ – here’s what it’s like to shop for a home in today’s tight housing market

‘It’s anguish, it’s pain, it’s agony’ – here’s what it’s like to shop for a home in today’s tight housing market

by Third Party | Jan 30, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: CNBC —  The nation’s housing market has never been this tight, which is frustrating enough for house hunters, but now they have another problem. Mortgage rates, which have hovered around record lows since the start of the Covid pandemic, are now rising....
Rising Interest Rates and What’s Next for Multifamily Lending

Rising Interest Rates and What’s Next for Multifamily Lending

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

Source: Multi-Housing News —  Multifamily investors are bracing for an uptick in mortgage rates and other forms of real estate finance as the Federal reserve bumps up interest rates in 2022. As an inflation-fighting move, the Fed plans three hikes of 25 basis...
Residential Rents in North America Rise 14 Percent in December

Residential Rents in North America Rise 14 Percent in December

by Third Party | Jan 26, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: The World Property Journal —  According to national property broker Redfin, average monthly listed rents in the U.S. increased 14.1% year over year to $1,877 in December 2021. This was the largest annual jump since at least February 2019–the...
Home prices surged in November, but at a slower rate than in October, S&P Case-Shiller says

Home prices surged in November, but at a slower rate than in October, S&P Case-Shiller says

by Third Party | Jan 26, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: CNBC —  Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago. Prices rose 18.8% year over year on the S&P CoreLogic Case-Shiller National Home Price Index. Yet that was a slower...
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