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Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
There were 714,000 new single-family home sales last month, up 31.5% from July 2022. Continue Reading Mortgage Rates at 22-Year High as New Home Sales Reach 17-Month Peak
Zombie Property Levels in Slight Rise
315,425 residential properties are in the process of foreclosure in the third quarter of this year. Continue Reading Zombie Property Levels in Slight Rise
Additional Reading: Top Mortgage Industry News & Headlines
Buying and Selling Real Estate in Brazil (Updated)
Source: JD Supra--- This guide offers an overview of legal aspects of buying and selling real estate in the requisite jurisdictions. It is meant as an introduction to these marketplaces and does not offer specific legal advice. This information is not intended to...
Mortgages Update: Rising Costs Taking Toll On First-Time Buyer Finances
Source: Forbes --- 13 January: Higher Payments And Deposits Making Ownership More Difficult Monthly mortgage payments are taking a larger bite out of typical first-time buyer household outgoings, writes Laura Howard. Monthly mortgage payments now account for 39% of a...
2023 Mortgage Forecast: Rates Expected to Decline
Source: US News --- Mortgage rates are widely expected to fall this year as inflation recedes and the U.S. economy prepares for the possibility of a modest recession, according to some of the nation's leading real estate economists. This comes after mortgage rates...
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