Source: Oregon Live — Prospective homebuyers are rapidly being pushed out of the housing markets, largely by mortgage interest rates that have doubled in the past six months. Numbers published Tuesday by the Oregon Office of Economic Analysis showed that...
Source: Fortune — Never again. That was the sentiment held among legislators as they rallied to pass the Dodd–Frank Wall Street Reform and Consumer Protection Act in 2010. The goal was to outlaw the subprime mortgages that fueled the ’00s housing bubble—which...
Source: Redfin — A homebuyer on a $2,500 monthly budget has lost nearly $120,000 in spending power since the end of last year as mortgage rates have nearly doubled. That buyer can afford a $399,750 home at today’s mortgage rate of roughly 6%. That’s a...
Source: CNN — There is a shift happening in the housing market. After more than a year of soaring demand, exploding home prices and increasing real estate sales, the market finally seems to be cooling off. “The housing market isn’t crashing, but it...
Source: Bankrate — With mortgage rates trending up and home prices still climbing, more borrowers are looking to adjustable-rate mortgages. This type of mortgage can be a more affordable means to get into a home, especially as higher rates on fixed mortgages...
Source: RisMedia — Buying and selling real estate is a big deal—and it can be a tricky to understand at times. That’s why it’s so important to have a clear understanding of the offer-to-purchase real estate form. This form can be a crucial part of the buying...
Mamdani Publishes Searchable Database with Names and Addresses of Pied-à-Te…
