Don’t Attempt to Time the Housing Market
It’s a tale as old as time. Someone attempts to time the market, only to fail miserably. Then they either miss out completely, or chase… Read More »Don’t Attempt to Time the Housing Market
Is This Housing Market Cycle Just Getting Started?
I sometimes wonder with so little equity extracted this cycle if it’s still early innings for the housing market. At least in terms of the… Read More »Is This Housing Market Cycle Just Getting Started?
What Will Happen to Mortgage Rates During Trump’s Second Term?
It’s been no secret that most everyone thinks mortgage rates will be higher under President Trump. But because it’s been so telegraphed this time around,… Read More »What Will Happen to Mortgage Rates During Trump’s Second Term?
First-Time Home Buyer Share Hits Record Low: Why That Might Be a Good Thing
The National Association of Realtors (NAR) reported that the first-time home buyer share fell to a historic low of just 24%. That was down from… Read More »First-Time Home Buyer Share Hits Record Low: Why That Might Be a Good Thing
Chase Relationship Pricing Offers Discounted Mortgage Rates for Up to 1% Off
If you recall, Chase took over troubled First Republic Bank back in May 2023. Prior to First Republic going under, they were the leading jumbo… Read More »Chase Relationship Pricing Offers Discounted Mortgage Rates for Up to 1% Off
How Did Almost Half of Recent Home Buyers Snag a Mortgage Rate Under 5%?
Everyone knows high mortgage rates have been a total drag lately, especially for prospective home buyers facing extremely high asking prices. But what if I… Read More »How Did Almost Half of Recent Home Buyers Snag a Mortgage Rate Under 5%?
Mortgage Rates Are in a Holding Pattern Until After the Election
Seems pretty clear now that it doesn’t matter what economic data shows up between now and next week. Mortgage rates aren’t going to improve by… Read More »Mortgage Rates Are in a Holding Pattern Until After the Election
Figure Launches a Piggyback Second Mortgage
Figure Lending has unveiled a new piggyback loan at a time when housing affordability has rarely been worse. Call it a sign of the times,… Read More »Figure Launches a Piggyback Second Mortgage
Would-Be Sellers vs. Must-Sell Sellers
I wanted to take a moment to talk about the types of sellers that exist in the housing market. There are typically two types of… Read More »Would-Be Sellers vs. Must-Sell Sellers
Home Buyers: Use High Mortgage Rates as an Excuse to Get a Lower Price
I often try to find silver linings in bad situations. The latest issue facing prospective home buyers is a return to 7% mortgage rates, up… Read More »Home Buyers: Use High Mortgage Rates as an Excuse to Get a Lower Price