Newsfeed: Mortgage demand falls again even as rates sink further
Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers.
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Newsfeed: Mortgage refinancing drops to a 22-year low as interest rates surge even higher
Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.
Newsfeed: Mortgage demand falls even further, as rates shoot back up to July highs
Bank of America this week announced that it will be launching a mortgage option for first-time home buyers offering no down payments, no closing costs and no minimum credit score.
Newsfeed: Mortgage rates finally sink back below 5% — and home prices are cooling off too amid a market ‘reset’
U.S. mortgage rates are tumbling even after the Federal Reserve hiked its benchmark interest rate by 75 basis points last week.
Newsfeed: Housing: It’s getting expensive to tap record home equity
Americans are sitting on tons of home equity, but the cost to tap it is getting too high. In the first quarter of 2022, total home equity for all owner-occupied properties grew by $1.6 trillion to $39.7 trillion from the previous quarter.
Newsfeed: Mortgage Applications Crash To 22-Year-Low As Monthly Payments Rocket Higher
Another week, another collapse in the pace of mortgage applications as the Mortgage Bankers Association (MBA) reports a 6.5% week-over-week drop in mortgage applications …
Newsfeed: Weekly mortgage demand from homebuyers tumbles 12%, as higher interest rates take their toll
Mortgage rates actually fell slightly last week, but the damage has already been done to housing affordability.
Is It Too Late to Invest in Real Estate?
Some people may be asking a very important question these days … “Is it too late to invest in real estate?” We bring in real estate superhero Ken “Multi-Man” McElroy to discuss this dilemma as we consider whether or not it’s too late to invest in real estate. Ken is a multi-state, multi-decade multifamily real …
Podcast: Ask The Guys – Smart Moves with Equity, Liquidity and Debt
People are paying attention to these perilous times and wondering what to do to prepare. In this edition of Ask The Guys, we tackle questions about tapping equity while it’s still there, getting liquid just in case, and dealing with debt decisions in an uncertain economy … and a whole lot more! So tune in …
Podcast: Ask The Guys – Smart Moves with Equity, Liquidity and Debt Read More »
Ask The Guys — Smart Moves with Equity, Liquidity, and Debt
It’s time for Ask The Guys … the episode where you ask and we answer! People are facing perilous times and wondering what to do to prepare. Today, we’re tackling questions about tapping equity while it’s still there, getting liquid just in case, and dealing with debt decisions in an uncertain economy … and MORE! …
Ask The Guys — Smart Moves with Equity, Liquidity, and Debt Read More »