Mortgage Industry News
Why you should refinance your mortgage in 2023
Source: CBS News --- With a new calendar year underway many Americans may be considering ways to both make extra money and cut corners to help save. Fortunately, there are multiple ways to access extra cash, save on insurance types and even cut lingering holiday...
Can a Realtor sell their own home?
Source: Bankrate --- In some ways, a real estate pro acting on their own behalf makes a lot of sense. They know the local market and the ins and outs of the industry. Arranging the perfect staging, getting gorgeous photos and hosting successful open houses all come...
How to take advantage of rising interest rates
Source: CNN --- In a bid to curb high inflation, the US Federal Reserve on Wednesday increased its key short-term interest rate by half a percentage point -- the first hike of that magnitude in 22 years. While the US economy is still operating in a fairly low rate...
More Americans than ever say it’s not a good time to buy a home
Source: CNBC --- It is not exactly surprising, given the stunning jumps in both home prices and mortgage rates, but Americans have never been more bearish on buying a house. Just 30% of adults surveyed by Gallup said now is a good time to buy a home, down 23...
U.S. Mortgage Industry Reacts to Federal Reserve’s FOMC Statement
Source: World Property Journal --- The Mortgage Bankers Association SVP and Chief Economist Mike Fratantoni issued the following comments in reaction to the Federal Reserve's recent FOMC statement on monetary policy and the economy: "There were two items to watch from...
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