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What is a commercial mortgage? Learn everything in this article!
Source: MPA Mag --- You have been running a successful business for a couple years, but you need to either update your current commercial real estate property or buy a new one. This is where a commercial mortgage comes in. These types of mortgages are like...
3 smart times to refinance your mortgage
Source: CBS News --- When you first bought your home, there's a good chance you took out a long mortgage, like a 30-year fixed-rate loan. While that might have felt like almost a lifelong decision, the reality is that homeowners can often change their mortgages by...
Mortgage rates hit lowest point since September
Source: Yahoo! Money --- Mortgage rates retreated further this week, hitting their lowest point since September, but economic uncertainty continues to weaken homebuyer demand. The rate on the average 30-year fixed mortgage declined to 6.33% this week from 6.49% the...
Mortgage Rates Are Falling Fast But Homebuyers Aren’t Biting
Source: Forbes --- Mortgage rates have dipped for a fourth straight week, notching their biggest extended decline in 14 years. Despite the tumbling rates, demand for loans remains weak, with homebuyers looking for more incentives to jump back into the market. The...
Mortgage rates fall for the fourth week in a row
Source: CNN --- Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate...
Fitch Ratings reveals how much US house prices will drop in 2023
Source: MPA Mag --- US home prices are set to fall by 5% next year in line with substantial price falls in housing markets across the globe, according to a new report by Fitch Ratings. The ‘Global Housing and Mortgage Outlook – 2023’, which analyzed housing markets...
