Mortgage Industry News
Economist Joseph Stiglitz says there are 3 reasons why further Fed rate hikes might make inflation worse
Source: CNBC --- Federal Reserve officials have spent the last week indicating rate hikes will continue in order to bring down rising prices — but this risks intensifying inflationary pressures, according to a Nobel Prize-winning economist. “The real worry in my mind...
The U.S. housing market downturn will be worse in 2023, forecasts Goldman Sachs
Source: Fortune --- The U.S. entered into its first housing downturn of the post–Great Financial Crisis era. And the worst still awaits. On Tuesday, researchers at Goldman Sachs released a paper titled “The Housing Downturn: Further to Fall.” The investment bank now...
7 Tips For Refinancing Your Mortgage ASAP
Source: MSN...As mortgage rates remain low, refinancing your mortgage can be a good way to reduce your monthly expenses or accelerate your savings. With current rates near the all-time low, refinancing your home loan now can help you save thousands over the course of...
The Housing Market Forecast for the Rest of 2021, According To Realtors
Source: Go Banking Rates --- It’s no secret that the COVID-19 pandemic has turned the real estate market into a wild domain. If you’re looking to buy or sell a home, you’re likely eager to know how long this will last. In June 2021, home prices across the U.S. surged...
You can’t afford to make this mortgage mistake in this hot real estate market
Source: Detroit Free Press --- The real estate market today is definitely not the most favorable one for borrowers. There's a serious shortage of homes available for sale, and housing prices have repeatedly hit new recent highs in most parts of the country. Many...
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Recent Posts
CMBS Delinquency Rate Dips by Single Basis Point- Survey: One-Third of Respondents Believed a Perfect Credit Score is Needed …
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- Survey: Nearly Half of Americans Take NIMBY Approach to Data Centers
