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After this week’s Fed rate hike, where are mortgage rates headed?
Source: CNN Business --- Washington, DCCNN — The Federal Reserve hiked its benchmark lending rate this week for the seventh time this year, capping a year of intense pressure on the housing market that pushed mortgage rates above 7% for the first time since 2002. But...
The Dallas Fed just said US home prices could plunge another 20%. Should I wait for the bottom to buy a house or bite the bullet now?
Source: Yahoo! Finance --- Buying your first home involves a certain amount of strategy. Trying to time your purchase based on the market’s ups and downs can sometimes feel like a game. But over the last few months, that game has been far less fun for hopeful...
Homebuilder Lennar guards against ‘inventory overhang’ as housing market slowdown continues
Source: Yahoo! Finance --- Lennar (LEN) reported a slowdown in new home orders in its fourth-quarter as the housing market remains in correction mode. Lennar said this week new home orders dipped 15% year-over-year in the fourth quarter, reaching 13,200 homes, beating...
On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches
Source: realtor.com --- When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and...
Privacy Protection Strategies For Real Estate
Source: Forbes --- Privacy protection is a critical aspect of real estate investing. If you want to know why, look no further than today’s headlines. Dr. Mehmet Oz recently faced some major hurdles in his bid for the US Senate, partly due to the fact that the media...
23% of Americans think real estate is the best way to build wealth, but only 12% bought in 2022
Source: CNBC --- When it comes to building wealth, Americans say one thing and do another. When asked the best way to build personal wealth, 23% of adults said investing in real estate, according to the recent CNBC Make It: Your Money survey, conducted in partnership...
