Mortgage Industry News
98 Of The 100 Largest Housing Markets Saw Prices Nosedive In September From 2022 Peaks
Source: Forbes --- The housing market is rebalancing after the most competitive and frenetic period in recent memory. The cooling trend that is engulfing the market is expected to continue with more cities seeing home prices decline by this time next year as the shift...
Home prices are falling faster now than in 2006—Redfin’s CEO just revealed why
Source: Fortune --- The Pandemic Housing Boom unleashed an “investor mania” unlike anything seen in the U.S. housing market since the aughts housing bubble. Average Joes poured into the market in hopes of building Airbnb empires. Institutional investors,...
Let’s Move In Together (And You Can Help Me Pay My Mortgage)
Source: Bloomberg --- First comes love and then comes ... a frank discussion about the realities of moving in together. There’s one question that comes up a lot among couples and is bound to be even more commonplace in a hot housing market: What happens when you’re...
Millennials And Housing, Part 4: Mind The Gap: Intergenerational Housing Wars
Source: Forbes --- Our study on U.S. Millennials and their difficult path to home ownership has spotlighted the role family and older generations play in hindering—but also helping—25 to 40-year-olds in their quest to buy a home. Discussion of this issue requires both...
Should You Hire a Mortgage Broker or Do It Yourself?
Source: Go Banking Rates --- When you’re ready to buy a home, you may wonder if you should try to shop for a mortgage on your own or reach out to mortgage broker for help. A mortgage broker can be very helpful in the process, especially for people who are...
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