Source: US News Money — Mortgage rates surged higher this week, according to Freddie Mac, continuing a monthlong trend of rate increases. The average interest rate on a fixed 30-year mortgage is the highest it’s […]
Source: Chicago Business — Nearly one-third of U.S. homes sold in July were all-cash deals, with Long Island and West Palm Beach topping the list. Here’s where Chicago and Milwaukee figured in the ranking. (Bloomberg) […]
Source: The Motley Fool — When you purchase a home you are going to have to pay closing costs. These are fees for things like mortgage origination and transfer taxes. And they can be quite expensive. […]
Source: Market Watch — Desperate times call for desperate measures, and times are, arguably, increasingly desperate. The persistence of high inflation might force the Federal Reserve to resort to the biggest increase in a key […]
Source: Yahoo — SCOTTSDALE, Ariz., September 13, 2022–(BUSINESS WIRE)–HomeLight, the real estate technology platform powering the nation’s best agents, published its Fall 2022 Top Agent Insights Report, featuring findings from a survey of over 1,000 of […]
Source: Elite Agent — Thousands of borrowers on fixed-interest home loans are facing an interest rate “cliff” and could be plunged into mortgage stress by the end of the year. According to Finder, $29.8 billion […]
Source: Mortgage Introducer — Bridge to let mortgages work well for homebuyers who would be unable to afford a property using a traditional mortgage. But what is bridge to let finance? Who does bridge […]
Source: Bloomberg — Canadian households experienced a decline of almost C$1 trillion ($775 billion) in net worth in the second quarter amid plunging prices for homes and stocks. The value of residential real estate […]
Source: Yahoo Life — If you own a home or have been interested in buying one, you are aware of the sizeable U.S. residential real estate downturn. Sales numbers are dropping to their lowest […]
Source: Dominican Today — Despite the uncertainty created by the post-pandemic stage with its inflationary wave and the recessionary trend of the economy, the real estate sector struggles to maintain its dynamism by creating […]
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