Source: Forbes — The fast 4% mortgage rate climb to 7% has sparked worries about the housing market. However, the residential real estate market produces its own cycles, even running counter to the stock and bond markets. That independence comes from a focus on...
Source: The Motley Fool — Nobody can know the future, but here are some things I could see happening. The real estate market in the United States has been decidedly unpredictable for the past couple of years. Many investors and industry analysts (myself...
Source: The Motley Fool — You’ll often hear that being a homeowner can lead to more financial stability. When you own a home and pay down your mortgage, you get closer to owning an asset whose value can grow over time. Plus, when you rent a home,...
Source: Quartz— The meteoric rise of mortgage rates has zipped past another milestone this year. For the first time since April 2002, the 30-year fixed-rate mortgage (FRM) topped 7% this week, according to data from Federal Home Loan Mortgage Corporation...
Source: Yahoo Finance — VANCOUVER, BC, Oct. 27, 2022 /CNW/ – After a strong showing in the first half of this year, US housing starts and US new home sales for September 2022 dropped, reversing a small recovery seen in August. While it is true that a...
Source: The Real Deal — A challenging housing market halved Anywhere’s third-quarter profits compared to last year, and company executives said on an earnings call they think the market will get slower yet. That could mean more layoffs and lower commission...
