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Mortgage Rates Move Lower For Third Straight Day
Source: Mortgage News Daily --- We're in the middle of a 4 day week culminating in one of the most important events of the year for interest rates. Thursday morning brings the release of the Consumer Price Index (CPI)--an inflation report that has resulted in bigger...
Real Estate Trends: Why Are Mortgage Rates Going Up In November 2022?
Source: Forbes --- Key takeaways Average mortgage rate currently stands at 6.95% for a 30-year loan and 6.29% for a 15-year loan. Experts believe mortgage rates will be contained to a narrow window as we move into 2023. If you are considering buying a home, make...
Cardinal Financial review: A mortgage lender with options for tiny homes and other unique housing
Source: Business Insider --- The bottom line: Cardinal Financial is a good mortgage lender for FHA borrowers or buyers considering a unique type of home, such as a tiny home or a shipping container home. Its application platform also makes it easy to upload documents...
Brokers urged to educate clients on green mortgages
Source: FT Adviser --- The mortgage industry has a role to play in combatting climate change and reducing people's energy bills, yet the vast majority of borrowers do not understand green mortgage products, research suggests. A survey from the Mortgage Advice...
ATLANTA REAL ESTATE: THE HOTTEST MARKET IN THE COUNTRY
Source: Realty Biz News --- Atlanta, Georgia - a major metropolitan center in the center of the action - is one of the shining jewels of not just the Peach State but the entirety of the southeastern US. Thoroughly modern and exhibiting tons of growth in both its...
Housing Market Braces For Rising Layoffs ‘Soon’ As Mortgage Lenders, Home Sellers Cut Thousands Of Jobs
Source: Forbes --- TOPLINE Though the labor market's overall resilience continues to puzzle experts, the plight of rising interest rates, which are spurring a historic plunge in home sales, could soon lead to a rash of harsher job cuts across the housing sector—which,...
