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Why higher mortgage rates mark a return to normality

Why higher mortgage rates mark a return to normality

by Third Party | Jan 19, 2023 | Mortgage Information, Real Estate News

Source: FT Adviser —  Fixed rate mortgages have begun to fall after reaching 6 per cent last year, but remain relatively high, but with the prospect of falling interest rates, some are questioning whether borrowers may revert to tracker mortgages. When compared...
Fed policymakers call for further rate hikes to beat inflation

Fed policymakers call for further rate hikes to beat inflation

by Third Party | Jan 19, 2023 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News, U.S. Housing Market

Source: Reuters —  Jan 18 (Reuters) – Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic...
Midwest shines as US housing market remains gloomy

Midwest shines as US housing market remains gloomy

by Third Party | Jan 19, 2023 | Real Estate News, U.S. Housing Market

Source: The Salem News —  With mortgage rates spiking above 7% for the first time in 20 years, the pandemic-fueled housing boom came to a screeching halt in 2022. The after-effects of easy monetary policy, skyrocketing energy prices, and supply chain issues...
3 Must Ask Questions When Interviewing a Real Estate Agent

3 Must Ask Questions When Interviewing a Real Estate Agent

by Third Party | Jan 19, 2023 | Real Estate Agent Tools, Real Estate News

Source: The Katy News —  When it comes to the real estate business, buying and selling homes is a big financial engagement for a lot of people. This is especially true in current times as the market is extremely competitive. This in itself is a really big...
Inflation’s finally easing. Why that’s a good sign for the real estate sector this year

Inflation’s finally easing. Why that’s a good sign for the real estate sector this year

by Third Party | Jan 18, 2023 | Industry Updates, Real Estate News

Source: USA Today —  Soaring inflation in the U.S. has rocked the stock market for the last 12 months. The COVID-19 pandemic triggered the largest stimulus response in history from the Federal Reserve and the government during 2020 and 2021, and it’s...
‘Housing will remain weak throughout the winter,’ economist says

‘Housing will remain weak throughout the winter,’ economist says

by Third Party | Jan 18, 2023 | Real Estate News, U.S. Housing Market

Source: The Salem News —  There is one troubling word that Freddie Mac’s chief economist Sam Khater uses to describe the winter 2023 housing market: weak. “The housing market remains in the doldrums with declining sales, inventory and prices,”...
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