Mortgage Industry News
9 Most Common Benefits of Homeownership
When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial strength, and tax deductions, to name a few. Also, owning a house means you have a permanent home and, most importantly, a sense of belonging in your...
Mortgage repayments weighing heavily on borrowers, research shows
Source: MPA Mag --- Almost half of people worry about their mortgage repayments, with a staggering 42% admitting they don’t have any savings to fall back on should they get into financial trouble, according to research by MetLife. The 12-page report carried out by...
Housing inventory in Dallas area sinks from bad to worse, homes getting ‘upwards of 50 offers’
Source: WFAA --- DALLAS — The supply of houses in the Dallas area has sunk from bad to worse for buyers, with market inventory decreasing by more than half year over year. The decrease of 53.3% locally in January is more than three times the national average...
How Fed’s first rate hike in more than 3 years will affect credit card, mortgage, savings rates
Source: USA Today --- Consumer borrowing costs are headed higher. Much higher. With the Federal Reserve set to raise its key short-term interest rate by a quarter percentage point Wednesday, Americans will soon see higher rates on everything from credit cards to...
Austin Home Prices Have Risen $116,000 in the Last Year, Roughly the Cost of Two Teslas
Source: Housing Wire --- A homebuyer today could purchase the typical Austin home for $485,000. But if they could go back in time to January 2021, they could have bought a home and two Teslas for the same price. Put another way, someone could purchase both a Tesla...
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Recent Posts
Hits and Misses for the Real Estate Week of April 27-May 1- Global Manufactured Homes Market Forecast to Reach Nearly $43 Billion by 20…
- San Francisco’s Bay Club Acquires Full City Block for $65 Million
- Pennsylvania Housing Finance Agency Launches Home Purchase Assistance Loan
- Portland Duo Sentenced for Running Real Estate Investment Fraud Scheme
