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Inflation Pushes Mortgage Rates Up to 3.85%. Experts Warn Borrowers Not to Panic: ‘Historically, Rates Are Still Fairly Low.’

Inflation Pushes Mortgage Rates Up to 3.85%. Experts Warn Borrowers Not to Panic: ‘Historically, Rates Are Still Fairly Low.’

by Third Party | Feb 11, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Time —  Inflation continues to hit levels not seen in 40 years, and mortgage rates are rising with it. The 30-year fixed rate average increased to 3.85% – its highest since March 2020 – while the latest figures from the Bureau of Labor Statistics...
Real estate market continues to rev its engine

Real estate market continues to rev its engine

by Third Party | Feb 11, 2022 | News/Current Events, Real Estate News

Source: Oak Park —  Traditionally, Super Bowl Sunday is considered the kickoff for real estate sales after a winter break for the holidays. As the market comes alive after the big game, the question on a lot of buyers’ and sellers’ minds is what the 2022 will...
Amidst booming housing market, North Texas lot

Amidst booming housing market, North Texas lot

by Third Party | Feb 10, 2022 | News/Current Events, Real Estate News

Source: Biz Journals —  At the end of last year, there were more than 75,000 lots under development in North Texas, a record for the area. The housing supply in North Texas is already thin, and while there’s a record number of lots under development it’s going...
Real estate: ‘Foreign investors are licking their chops’ to buy U.S. properties, financial advisor says

Real estate: ‘Foreign investors are licking their chops’ to buy U.S. properties, financial advisor says

by Third Party | Feb 10, 2022 | News/Current Events, Real Estate News

Source: Finance Yahoo —  Financial Samurai Founder Sam Dogen joins Yahoo Finance Live to discuss the benefits of borrowing and investing when it comes to the real estate sector amid U.S. inflation. Read...
Pessimism Among Young Drives Housing Sentiment Lower

Pessimism Among Young Drives Housing Sentiment Lower

by Third Party | Feb 9, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Mortgage News Daily —  How low can it go? Well, lower than ever apparently when it comes to consumers who think it’s a good time to a home.  The total fell 1 point to a record low of 25 percent in January while 70 percent said the time was not...
Colorado has a record-breaking affordable housing plan. Will state lawmakers push for growth and density, too?

Colorado has a record-breaking affordable housing plan. Will state lawmakers push for growth and density, too?

by Third Party | Feb 8, 2022 | News/Current Events, Real Estate News

Source: CPR News —  When the pandemic arrived, Colorado was dragged into an intense new phase of its housing shortage. “You can almost draw it exactly to March of 2020, when things started to deviate from the norms,” said Matthew Leprino, spokesperson for the...
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