Commentary on the latest housing market news, with a focus on home prices, buying and selling conditions, and if another housing crisis is right around the corner. Also helpful home seller and home buyer tips.
Despite massive drops in collective home equity, mortgage lenders continue to roll out new home equity line offerings. Yesterday, Black Knight reported that homeowners lost… Read More »Mortgage Lenders Launch HELOCs as Home Equity Plummets By $1.3 Trillion
A new report from Zillow revealed that home prices need to come down by about 25% to become affordable again. But chances are they won’t,… Read More »Home Prices Need to Fall 25%, But They Probably Won’t
While mortgage rates have a good chance of getting worse before they get better, hope might be on the horizon. The long and the short… Read More »The Case for Sub-5% Mortgage Rates by 2023
There is a plausible scenario where mortgage rates continue higher for a short period and then eventually correct. Possibly as soon as next year. At… Read More »Buy a House Before Mortgage Rates Come Back Down?
Real estate doom and gloom articles are going to ramp up big time in coming months, if they haven’t already. You’re going to hear that… Read More »The Truth About Falling Home Prices
A credit union out of Cheyenne, Wyoming has launched a crowdfunded, zero down mortgage loan for its customers. It comes at a time when still… Read More »Crowdfunded Zero Down Mortgage Launched as Housing Market Peaks
With all the talk of a housing market crash, there’s not a lot of data to support it. Sure, home price gains have moderated significantly… Read More »Why Homeowners Aren’t Selling
The topic du jour lately has been a housing market on the edge of disaster. But no one can quite agree whether it’s an affordability… Read More »Housing Crash Imminent? The National LTV Is Below 30%
Might 2023 be good to mortgage rates? If you believe the latest Housing Forecast from Fannie Mae, then yes. Most everyone knows 2022 has wreaked… Read More »4.5% Mortgage Rates in 2023? That’s the Latest Estimate from Fannie Mae
Sound the alarm. A severe housing downturn may now be in the cards in the United States. That is, if you believe the latest commentary… Read More »A Severe Housing Downturn Is Now Possible
