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U.S. Home Price Growth Exceeds 20 Percent Annually in March

U.S. Home Price Growth Exceeds 20 Percent Annually in March

by Third Party | May 5, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: World Property Journal —  According to CoreLogic’s latest CoreLogic Home Price Index and Forecast for March 2022, U.S. home prices continued to post significant year-over-year gains in March 2022, up by 20.9%, another record high. Even with the...
Fed raises interest rates by 0.50%, largest move since 2000

Fed raises interest rates by 0.50%, largest move since 2000

by Third Party | May 4, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Yahoo Finance —  The Federal Reserve on Wednesday raised short-term interest rates by 0.50%, as part of an effort to tamp down the inflationary pressures weighing on Americans. The central bank suggested that it will further raise borrowing costs...
How and Why to Refinance Your Mortgage

How and Why to Refinance Your Mortgage

by Third Party | May 4, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Nerdwallet —  Definition of mortgage refinance A mortgage refinance replaces your current home loan with a new one. Often people refinance to reduce the interest rate, cut monthly payments or tap into their home’s equity. Others refinance a home to pay...
Real estate expert on whether home prices could come down amid Fed rate hikes

Real estate expert on whether home prices could come down amid Fed rate hikes

by Third Party | May 4, 2022 | Mortgage Information, Real Estate News

Source: Fox Business —  First American Financial Corporation chief economist Mark Fleming discussed where he believes home prices are going amid expected rate hikes from the Federal Reserve as a way to tame surging inflation.  Fleming, who leads an economics...
Million-Dollar Lake Homes in Montana and Idaho Sell For Double What They Did Two Years Ago

Million-Dollar Lake Homes in Montana and Idaho Sell For Double What They Did Two Years Ago

by Third Party | May 3, 2022 | News/Current Events, Real Estate News

Source: WSJ —  This week, The Wall Street Journal’s Mansion section is rolling out stories from our special waterfront issue. Be sure to check out this one on homeowners trading beaches for lagoons, why you should consider getting a special inspection for your...
The New Rules of What It’ll Truly Take To Save Up for a House Today

The New Rules of What It’ll Truly Take To Save Up for a House Today

by Third Party | May 3, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Realtor.com —  If you’re saving for a down payment for a home—particularly your first—you probably know this is one tricky real estate moment. With inflation sending prices spiraling, mortgage interest rates ticking up, and biddings wars on homes more...
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