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Will 2023 Be a Good Year to Refinance a Mortgage?
Source: The Ascent --- When mortgage rates dropped to record lows in 2020, homeowners across the country rushed to refinance their loans. And many were able to reap a lot of savings in the process. But refinance volume has slowed down significantly this year, and for...
The 9 US cities where buyers have the best shot at scoring a home because home prices have dropped the most since the spring
Source: Insider --- Throughout much of the pandemic, rock-bottom mortgage rates, as well government aid meant to stimulate the US economy, spurred on an unprecedented home-buying bonanza. Enticed by the desire for larger living spaces and the ability live virtually...
Falling house prices will help the Fed tame inflation – but they also increase the risk of a prolonged economic downturn
Source: Markets Insider --- Housing could be about to become a key policy puzzle for the Federal Reserve. Market activity has fallen for nine consecutive months and home sales were down 28.4% in October from a year earlier, according to the National Association of...
10 Housing Markets Where Demand is Crashing Through the Floor
Source: Yahoo! Finance --- The housing market has been running red hot in recent years as more Americans buy homes while the supply has decreased. But there are some signs that the housing market is finally starting to cool down in some areas. In fact, housing demand...
Morgan Stanley slashes its U.S. housing market outlook—here’s where it sees the home price correction going in 2023
Source: Yahoo! --- On a national basis, home prices fell 1.3% between June and August. That marked the first decline measured by the lagged Case-Shiller National Home Price Index since 2012. It's more than just a small dip, it's a trajectory shift. At least that's...
Housing Breaks People’s Brains
Source: The Atlantic --- Anyone who’s been in a dumb recurring fight knows that the entire problem could be cleared up if everyone could just agree on exactly what was said or done. But you can’t, so you end up stuck in a cycle of relitigation. Housing-policy...
