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Real Estate Trends: Why Are Mortgage Rates Going Up In November 2022?
Source: Forbes --- Key takeaways Average mortgage rate currently stands at 6.95% for a 30-year loan and 6.29% for a 15-year loan. Experts believe mortgage rates will be contained to a narrow window as we move into 2023. If you are considering buying a home, make...
Cardinal Financial review: A mortgage lender with options for tiny homes and other unique housing
Source: Business Insider --- The bottom line: Cardinal Financial is a good mortgage lender for FHA borrowers or buyers considering a unique type of home, such as a tiny home or a shipping container home. Its application platform also makes it easy to upload documents...
ATLANTA REAL ESTATE: THE HOTTEST MARKET IN THE COUNTRY
Source: Realty Biz News --- Atlanta, Georgia - a major metropolitan center in the center of the action - is one of the shining jewels of not just the Peach State but the entirety of the southeastern US. Thoroughly modern and exhibiting tons of growth in both its...
More older Americans become homeless as inflation rises and housing costs spike
Source: NPR --- COLUMBIA FALLS, Mont. — On a recent rainy afternoon in this small town just outside Glacier National Park, Lisa Beaty and Kim Hilton were preparing to sell most of their belongings before moving out of their three-bedroom, two-bathroom rental home....
Mortgage rates collapse on softer inflation data
Source: Housing Wire --- Finally, some good news: the growth rate of inflation is cooling off for now, and with the CPI inflation report being positive, the 10-year yield fell noticeably, and mortgage rates will fall with that! So, the question is, are we reaching the...
With Interest Rates at 7%, Here’s How Much More You’re Paying for a $500K House
Source: Motley Fool --- If you're in the market for a new home, you're probably well aware that mortgage rates are on the rise. In fact, they've more than doubled since the beginning of the year and are now at their highest level in nearly 15 years. Mortgage rates...
The Real Estate Markets Seeing The Biggest Downturns In Home Prices And Property Values
Source: Yahoo! --- The only bad thing about the best parties is that no matter how good they were, the good times can’t go on forever. Investing is always cyclical and even investments like real estate which have performed over time will have bad cycles. It certainly...
Must-know real estate trends driving the market in 2023
Source: Real Trends --- The Emerging Trends in Real Estate report, produced by PWC and The Urban Land Institute (ULI), has been the dominant voice in reporting the future of the industry for more than 40 years. Given the market upheavals in the years since the...
November and December are historically 2 of the 3 best months to buy a home if you want a deal. 6 economists and real estate pros on whether that trend will hold in 2022
Source: Market Watch --- Winter is coming. And in the case of real estate, that may be a good thing — at least for buyers looking for a lower priced home. Indeed, a 2021 analysis from real estate research firm ATTOM Data Solutions found that October, November and...
What will the Fed do next? Follow the economy, not what Jerome Powell says
Source: CNN --- New YorkCNN Business — The stock market has been on a roller coaster ride, largely because of Wall Street’s shifting expectations about whether the Federal Reserve is going to slow down the pace and size of its interest rate hikes. The Fed briefly...
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