Weely Real Estate News

Did something break? What stock-market investors need to know about mounting global financial stresses

  Source: Morning Star —  ‘Usually in tightening cycles, something blows up’ Global financial market stresses are piling up, but the commotion that forced the Bank of England to make an extraordinary intervention in the […]

Weely Real Estate News

These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade

  Source: Fortune —  Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course, disagreed. Back in May, Zandi […]

Weely Real Estate News

HARP Loan Program: How Did It Work?

  Source: Investopedia —  When interest rates fall, many homeowners will refinance their mortgage to lock in a lower interest rate, which can reduce a borrower’s monthly payment or allow a homeowner to build equity more quickly. However, one […]