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Ask a Broker: Is the real estate market really slowing down?

Ask a Broker: Is the real estate market really slowing down?

Source: Aspen Daily News --- The Roaring Fork Valley seems to always be in demand — and that is still true, even with the uncertainty in today’s market. The roaring ’20s, meaning 2020 and 2021, saw the biggest demand in housing our nation has ever experienced. Our...

Market chaos forces UK lenders to pull mortgage products

Market chaos forces UK lenders to pull mortgage products

Source: Reuters --- LONDON, Sept 26 (Reuters) - Turmoil in British financial markets forced mortgage lenders to temporarily withdraw and reprice products for new customers on Monday, a real-world consequence of the market volatility thrown up by finance minister Kwasi...

Why the Fed’s housing reset risks a global recession

Why the Fed’s housing reset risks a global recession

Source: Housing Wire --- When Federal Reserve Chairman Jerome Powell talked about a housing reset in June, it sent shockwaves around the country because it sounded so ominous. In the most recent FOMC meeting, held last week, Powell finally clarified what he meant by...

HARP Loan Program: How Did It Work?

HARP Loan Program: How Did It Work?

Source: Investopedia --- When interest rates fall, many homeowners will refinance their mortgage to lock in a lower interest rate, which can reduce a borrower's monthly payment or allow a homeowner to build equity more quickly. However, one group of homeowners who...