Most Recent Articles About Real Estate Tools
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When is an adjustable-rate mortgage a good idea?
Source: Fortune --- Throughout 2022, mortgage interest rates steadily ticked upward in a march that priced many prospective homebuyers out of the market. The interest rate on a 30-year fixed-rate mortgage began last year at around 3.26%, and by the time December...
What’s ahead for the mortgage industry in 2023? United Wholesale Mortgage exec glimpses into the future
Source: MPA--- Short of having a crystal ball, it’s difficult to predict the future. Indulging Mortgage Professional America with insight, a top executive at United Wholesale Mortgage took a shot at it. During a telephone interview with MPA, the company’s chief...
Additional Reading: Realtor Tools & Insights
GET A LAND LOAN OR CONSTRUCTION LOAN: WHICH IS BEST?
Source: RisMedia --- Are you interested in building your own home? It is an exciting proposition because you get to pick and choose everything that goes into the process from the ground up. You don’t have to worry that a builder is going to tell you that you’re not...
Home price growth slowed for the second straight month in May, S&P Case-Shiller says
Source: CNBC --- Home prices in May were 19.7% higher compared with the same month last year, according to the S&P CoreLogic Case-Shiller National Home Price Index. This marks the second month of slower increases, as the housing market cools due to higher mortgage...
Housing Market Update: Homes Are Taking Longer to Sell
Source: Redfin --- Buyers can now take their time touring and considering homes before making an offer. Still, selection remains very limited despite supply being up, as few homes are being listed and even fewer are selling. The typical home sold during the four weeks...
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