Mortgage Industry News
‘Housing correction’ is coming. What homeowners, buyers and sellers should know.
Source: M Live --- Coming out of the pandemic shutdown lit the match for housing demand, and it’s been burning hot for nearly two years straight — but a housing correction is finally on the horizon. Two-thirds of the nation’s largest housing markets are overvalued,...
Adjustable rate mortgages are back
Source: Maine Public --- ARI SHAPIRO, HOST: With mortgage rates up sharply, a lot more homebuyers are turning to adjustable-rate loans. These can be more affordable - at least at first - but they come with a big risk - that your mortgage payment might go up a lot in...
How To Start A Real Estate Empire With Only $12,500
Source: Forbes --- If you’re not currently a homeowner or haven’t purchased your first multi-residential property, you may still have hopes of building a multi-million or billion-dollar real estate portfolio. Yet that goal appears to be far-fetched amid a global...
How To Purchase Your First House Without Overspending
Source: Tamp AFP --- Purchasing your first house is a thrilling experience, but it can also be expensive. That isn’t to say that you need to let go of your life savings to secure a home. It is essential to acquire the right information so you can make the right...
Knowing the best home survey options for your clients
Source:Financial Reporter --- As the modern mortgage market continues to evolve, so too does the complexity attached to product offerings, criteria, lending policy, affordability and accessibility. I could go on but I’m sure you all have your own lists. Whilst...
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