Mortgage Industry News
Housing Market Predictions For The Next 5 Years. What Return Can You Expect?
Source: Forbes --- Key takeaways The housing market is a hot topic right now, and after experiencing rapid growth over the pandemic years it looks to now be slowing down. Experts are expecting real estate values to fall over the next 12 to 18 months, before they...
‘Zombie Debt’: Homeowners face foreclosure on old mortgages
Source: Centre Daily Times --- Rose Prophete thought the second mortgage loan on her Brooklyn home was resolved about a decade ago — until she received paperwork claiming she owed more than $130,000. “I was shocked,” said Prophete, who refinanced her two-family home...
Housing Market Update: Expect Price Growth to Slow, Sales to Stay Flat as Mortgage Rates Approach 4% This Year
Source: Redfin --- Home-price growth, which has been in the double digits since Summer 2020, is expected to slow to an annual rate of 7% by the end of 2022, according to a new forecast by Redfin economists. Home sales are expected to remain relatively flat throughout...
Millions of Americans Have Discovered the Benefits of Multigenerational Households
Source: Keeping Current Matters --- If your needs are changing, you may be thinking about sharing a home with additional loved ones, such as grandparents, adult children, or other extended family members. Whether it’s for financial or health-related circumstances, or...
SRE Technologies Promoting Homeowners Portal in San Diego
Just a few weeks after the company launched a multi-million dollar consumer advertising campaign in Utah, SRE Technologies Inc., developer of an online destination designed to save home loan borrowers money by connecting them with select mortgage originators,...
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