The post Tracker mortgages: is it a good idea to get one now? appeared first on Weekly Real Estate News.
Tracker mortgages: is it a good idea to get one now?
Housing Wire
Nearly 90% of recent mortgages originations were purchase loans
The housing market, which is facing challenges with mortgage rates, affordability, prices and inventory, hasn’t been this purchase-dominant in decades, according to Black Knight’s originations market monitor report. Today, nearly nine out of every 10 […]
Economy
Potential ‘time bomb’ for US economy looms as $1.5 trillion in real estate mortgages will come due within the next two years
Some $1.5 trillion in mortgages will come due in the next two years – paving the way for a financial crisis as higher interest rates push down property values As this event looms, big banks such […]
Commercial Real Estate
Elon Musk sounds the alarm on real estate, warning a spike in defaults on mortgages and commercial loans could hammer banks
The turmoil in the banking sector could spread to the housing and commercial real estate markets, Elon Musk has warned. “This is by far the most serious looming issue,” he tweeted on Saturday. “Mortgages too.” The Tesla, Twitter, and […]