Mortgage Industry News
In tough housing market, mortgage rate buydowns gain momentum
Source: Bankrate --- Amid higher mortgage rates and a cooling housing market, some home sellers are wooing buyers with a freshly popular incentive: paying for a temporary reduction to the buyer’s mortgage interest rate. Why are buydowns popular now? In one common...
Where tighter monetary policy hits homeowners hardest
Source:Axios --- As central banks around the globe rapidly raise interest rates, policymakers outside the U.S. may find they pack more punch in terms of curbing demand. The reason boils down to the unique way Americans finance their homes. Why it matters: Americans...
How joining the Great Resignation could hamper homebuying plans
Source: Bankrate --- If you joined the Great Resignation in the last year, you may have found it even harder to compete in the already wild pandemic housing market. A record number of Americans quit their jobs in 2021, according to the Bureau of Labor Statistics, and...
Global Real Estate Rental Market 2022: Agents Increasingly Using New Technologies Including VR – ResearchAndMarkets.com
Source: Finance Yahoo --- The global real estate rental market is expected to grow from $2164.29 billion in 2021 to $2396.61 billion in 2022 at a compound annual growth rate (CAGR) of 10.7%. The growth is mainly due to the companies rearranging their operations and...
Does a 15-Year Mortgage Make Sense in 2022?
Source: The Ascent --- If you're looking to buy a home this year, the good news is that mortgage rates are still fairly competitive from a historical standpoint. The bad news, however, is that they've started the year off higher. And there's a good chance rates will...
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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…
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