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Will we start 2022 with all-time lows in housing inventory?

Will we start 2022 with all-time lows in housing inventory?

by Third Party | Dec 10, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  My biggest concern for housing in the years 2020-2024 was that if the demographic push in demand picks up and total home sales get over 6.2 million, we could be at risk of housing inventory falling to such low levels that I would have to...
Fewer homeowners, more renters miss housing payments in the fall

Fewer homeowners, more renters miss housing payments in the fall

by Third Party | Dec 10, 2021 | Mortgage Information, News/Current Events

Source: Scotsman Guide —  Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Home price growth is finally decelerating—and it’s just the start

Home price growth is finally decelerating—and it’s just the start

by Third Party | Dec 9, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Fortune —  Exhausted. Frustrated. Stretched. Those are all reasonable emotions for home shoppers to be feeling right now. After all, home prices rose faster this year than any period in tabulated U.S. history: Between August 2020 and August 2021, U.S....
8 Mortgage Myths That Waste Time and Money

8 Mortgage Myths That Waste Time and Money

by Third Party | Dec 9, 2021 | Mortgage Information

Source: Money —  A lot of work goes into applying for a mortgage — from rounding up your financial records to making sure your credit score is in tiptop shape. Another important item for your to do list: looking out for misinformation and bad advice. There are...
Good Debt vs Bad Debt: Your Plan for Paying Off Debt Faster

Good Debt vs Bad Debt: Your Plan for Paying Off Debt Faster

by Third Party | Dec 9, 2021 | Mortgage Information

Source: QDT —  Many people think that all debt is bad and should be avoided or paid down as quickly as possible. However, you should break down debt into two types: good and bad. It’s essential to understand their differences so you stay away from bad debt as...
Should I refinance or get a reverse mortgage for home improvements?

Should I refinance or get a reverse mortgage for home improvements?

by Third Party | Dec 4, 2021 | Mortgage Information, News/Current Events

Source: NJ.com —  Q. I recently read an article that said you should refinance before you retire rather than plan for a reverse mortgage as long as you plan to stay in your home for at least five years. That’s my situation. My current 15-year mortgage will be...
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