Top Headlines
Biden-Trump Debate Barely Acknowledges Housing Issues
“We’re going to make sure we build 2 million new units,” said Biden. Continue Reading Biden-Trump Debate Barely Acknowledges Housing Issues
Richard Gibbens Named CEO at Bluegrass Realtors
Gibbens will begin his new role in late July. Continue Reading Richard Gibbens Named CEO at Bluegrass Realtors
Blackstone Completes Acquisition of Toronto’s Tricon Residential
“This transaction marks an exciting new chapter in Tricon’s history,” said Gary Berman, president and CEO of Tricon. Continue Reading Blackstone Completes Acquisition of Toronto’s Tricon Residential
New Housing Department Proposed for North Carolina
The bill also seeks the finance the new agency with $30 million in recurring funds starting with the 2024-25 fiscal year. Continue Reading New Housing Department Proposed for North Carolina
Village Premier Collection Joins The Real Brokerage’s Private Label Program
The Atlanta-based Village Premier brings $665 million in annual home sales. Continue Reading Village Premier Collection Joins The Real Brokerage’s Private Label Program
What Does an Economic Slowdown Mean for the Housing Market?
Source: Keeping Current Matters --- According to a recent survey, more and more Americans are concerned about a possible recession. Those concerns were validated when the Federal Reserve met and confirmed they were strongly committed to bringing down inflation. And,...
Rising mortgage rates are hitting Americans’ wallets. Here’s how to adjust your housing budget
Source: CNBC --- Homebuyers are feeling the squeeze of rising mortgage rates. On top of that, housing prices remain high. That may lead many to rethink their budget. “As mortgage rates go up, it raises the cost of buying a home with a mortgage,” explained Danielle...
How to get a USDA loan
Source: Bankrate --- Backed by the U.S. Department of Agriculture, USDA home loans are available to borrowers in certain rural areas. If you’re in an eligible area, you could qualify for this special no-down payment mortgage, provided your income falls within the...
Mortgage Rates Jump Higher. Is The Recovery Over?
Source: Mortgage News Daily --- Mortgage rates have been moving lower for the past 3 weeks after hitting the highest levels since 2008 in the middle of June. This was a larger-scale repeat of a similar pattern that played out in the month of May. Taken together,...
6 things you should know about the housing market right now
Source: Deseret News --- Are mortgage rates going to keep going up? Are home prices going to keep climbing — or are they going to go down soon? For anyone deciding whether to buy a home or not in today’s hectic housing market, these questions are top of mind. Here are...
‘Prices may dip’ in some markets: 5 economists and real estate pros on what to expect from this ‘in transition’ housing market
Source: MarketWatch --- Though mortgage interest rates have been slowly ticking up — with some pros saying we may see more of that (you can see the lowest mortgage rates you can get here) — summertime homebuyers have likely noticed that housing price growth doesn’t...
Mortgage Rates Hold Mostly Steady at Recent Lows
Source: Mortgage News Daily --- Mortgage rates hit 5.5% last Friday for the top tier conforming 30yr fixed scenario at the average lender. That was the lowest since June 8th, just before the fateful CPI inflation data that kicked off a run to the highest rates in...
Mortgage Rates May Stay on the Up Escalator in July
Source: Nerdwallet --- July mortgage rates forecast Mortgage rates are likely to rise in July, extending a seven-month streak. High inflation, and the Federal Reserve's efforts to control it, have driven mortgage rates upward. The same factors may push them even...
CoreLogic: Another big home-price increase in May, but slowdowns are coming
Source: Scotsman Guide --- CoreLogic’s latest Home Price Insights (HPI) report revealed that home prices nationwide, including distressed sales, rose 20.2% year over year in May — a still-strong annual jump, but one that’s likely to precede a period of slowing price...
Mortgage rate forecast for July 2022: Borrowers feel the heat
Source: Bankrate --- The mercury in your thermometer’s going up, and mortgage rates are also climbing, creating an uncomfortably hot and sticky situation for prospective homebuyers. Currently, the benchmark 30-year fixed mortgage rate is treading close to 6 percent....
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