Mortgage Industry News
Adjustable-Rate Mortgages Are Probably Still a Bad Idea
Source: Lifehacker --- Housing prices are finally starting to go down, but thanks to interest rate hikes, monthly mortgage payments are more out of reach than ever before. With all of this financial uncertainty, you may be considering an adjustable-rate mortgage,...
The Psychology of Real Estate Market Cycles
Source: Appraisal Buzz --- Implicit in the term “cycle” is that the real estate market is constantly in a state of flux. Real estate market cycles are specific to a submarket and property type. It is also specific to classification (A, B, C, or D) within a property...
How Small-Home Senior Living Could Evolve In 2022 and Beyond
Source: Senior Housing News --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Real estate Q&A: How can I restore my credit after ex-spouse skipped mortgage payments?
Source: Bakersfield.com --- Q: After I was divorced, the court awarded our home to my ex-spouse and ordered him to refinance the mortgage to get me off of it. He has not refinanced the property several years later and pays the mortgage inconsistently, leaving my...
What are your rights when a mortgage company refuses to let you back out of a refinancing deal?
Source:KSL --- HOOPER, Utah — Interest rates are still near record low levels, and that has many homeowners considering a mortgage do-over by refinancing. But when a Hooper woman tried to swap out her old home loan with a new one so she could tap into her home's...
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