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Rockford, several Illinois cities round out bottom of US housing market top 300 list

Rockford, several Illinois cities round out bottom of US housing market top 300 list

by Third Party | Sep 16, 2022 | Industry Updates, Real Estate News, U.S. Housing Market

Source: Rockford Register Star —  The Forest City ranks 294th out of the nation’s top 300 real estate markets, according to a study conducted by the personal finance website WalletHub. While putting together the list, WalletHub examined 17 key indicators,...
‘I’m An Aggressive Buyer’ Of Income Real Estate, Billionaire Says, Anticipating ‘A Lot’ Of Inventory This Year

‘I’m An Aggressive Buyer’ Of Income Real Estate, Billionaire Says, Anticipating ‘A Lot’ Of Inventory This Year

by Third Party | Sep 15, 2022 | Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Source: Yahoo Life —  If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest rates since 2020, but interest rates continue to rise to around 5.6%....
Bridge to let: Everything you need to know

Bridge to let: Everything you need to know

by Third Party | Sep 14, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Mortgage Introducer —  Bridge to let mortgages work well for homebuyers who would be unable to afford a property using a traditional mortgage. But what is bridge to let finance? Who does bridge to let work best for and what are the main advantages? Here...
Fixed-rate mortgage bomb set to go off

Fixed-rate mortgage bomb set to go off

by Third Party | Sep 14, 2022 | Mortgage Information, Real Estate News, U.S. Housing Market

Source: Elite Agent —  Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year. According to Finder, $29.8 billion worth of fixed-rate mortgages are due to expire by...
Should I pay off my mortgage or use the money for a deposit on a second property?

Should I pay off my mortgage or use the money for a deposit on a second property?

by Third Party | Sep 14, 2022 | Industry Updates, Mortgage Information, U.S. Housing Market

Source: The Guardian —  Q I’m a 42-year-old full-time professional and in a rather fortunate but tricky situation, which I would like your help with. My seven-year fixed-rate mortgage is coming to an end on 2 May 2023, after which I am not sure whether I should...
US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike

US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike

by Third Party | Sep 13, 2022 | News/Current Events, U.S. Housing Market

Source: Bloomberg —  US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve. The consumer price index increased 0.1% from July, after no change...
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