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Calendar: What’s driving mortgage rates the week of May 30-June 3, 2022

Calendar: What’s driving mortgage rates the week of May 30-June 3, 2022

by Third Party | May 31, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Bankrate —  Mortgage rates are notoriously difficult to predict. They rise and fall based on market sentiment, headlines and a variety of economic indicators. Here’s a look at what could move markets this week. The major dose of economic news comes...
How to map out your real estate strategy for today’s housing market

How to map out your real estate strategy for today’s housing market

by Third Party | May 30, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Washington Post —  You don’t have to be an avid follower of the market to know that in the past several years the price of homes has skyrocketed while the supply of properties for sale has diminished. Here are some tips for buyers and sellers to help you...
Even as rates go down, affordability remains a problem

Even as rates go down, affordability remains a problem

by Third Party | May 30, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Business Insider —  Mortgage rates continue to hold steady around 5%. Rates have been inching down for the past few weeks after hitting a peak of 5.3% in the second week of May. Even though rates are softening slightly, they’re still having an...
Here’s what you need to know about reverse mortgages

Here’s what you need to know about reverse mortgages

by Third Party | May 30, 2022 | Mortgage Information, Real Estate News

Source: CNBC —  With the stock market getting volatile but the housing market still hot, reverse mortgages have become a more attractive tool for older Americans who need cash for retirement but want to stay in their homes. Home Equity Conversion Mortgage loan...
WHAT’S NECESSARY (AND WHAT’S NOT) WHEN PREQUALIFYING REAL ESTATE PROSPECTS?

WHAT’S NECESSARY (AND WHAT’S NOT) WHEN PREQUALIFYING REAL ESTATE PROSPECTS?

by Third Party | May 30, 2022 | Real Estate Agent Tools, Real Estate News

Source: RisMedia —  When potential homebuyers come to you for help in finding a home, you’ll want to be certain that they’re qualified to make the purchase before you start working with them. But prequalifying real estate prospects—simply ensuring that they’ll...
Big Shift in Housing Numbers. Scary or Welcome?

Big Shift in Housing Numbers. Scary or Welcome?

by Third Party | May 30, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Mortgage News Daily —  The housing market has been keeping its head down, keeping calm, and carrying on in the face of the biggest rate spike since the 1980s.  The ability to tune out rising rates is nothing new for home prices, as discussed a few weeks...
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