What Will It Take for Mortgage Rates to Fall Again?
It’s been a rough month or so for mortgage rates. If we zoom out even further, it’s been a horrendous 18 months, with the 30-year… Read More »What Will It Take for Mortgage Rates to Fall Again?
It’s Mortgage Principal, Not Principle
Principal vs. Principle Attention loan officers, mortgage brokers, real estate agents, and so on The words “principal” and “principle” are two very different words They… Read More »It’s Mortgage Principal, Not Principle
Why Are Mortgage Rates Still Going Up If the Fed Is Done Hiking?
While Fed rate hike forecasts indicate the worst is behind us, mortgage rates are still going up. In fact, they hit a new 52-week high… Read More »Why Are Mortgage Rates Still Going Up If the Fed Is Done Hiking?
Options Other Than Refinancing Your Mortgage
With 30-year mortgage rates now above 7%, a refinance likely isn’t in the cards for most homeowners. In fact, the total number of refinance candidates… Read More »Options Other Than Refinancing Your Mortgage
Why Are Mortgage Rates So High?
At last glance, the 30-year fixed mortgage was back above 7%, depending on the data source. Prior to late July and early August, the popular… Read More »Why Are Mortgage Rates So High?
3 Reasons Why You Need to Compare Mortgage Brokers Too
While the most advantageous reason to use a mortgage broker might be their ability to shop your rate with multiple lenders, you still need to… Read More »3 Reasons Why You Need to Compare Mortgage Brokers Too
Today’s Housing Market Risk Factors: Is Real Estate in Trouble?
With mortgage rates exceeding 7% again and home prices reaching new heights, some critics are sounding the alarm. The argument is that we’ve got an… Read More »Today’s Housing Market Risk Factors: Is Real Estate in Trouble?
Zillow and Redfin Join Forces to Push More New Construction Home Sales
In a clear sign of the times, Zillow has announced a partnership to syndicate new-construction listings on Redfin. This means home shoppers will see more… Read More »Zillow and Redfin Join Forces to Push More New Construction Home Sales
The Hidden Danger of a Higher Mortgage Rate
Everyone knows mortgage rates aren’t as low as they used to be. Understatement of the decade there. But this doesn’t just equate to a higher… Read More »The Hidden Danger of a Higher Mortgage Rate
Big Jump in Homeowners Saying They’ll Sell in the Next Three Years
Has residential housing supply finally bottomed? Are we finally going to see more single-family homes hit the market, after years of slim pickings? Perhaps, if… Read More »Big Jump in Homeowners Saying They’ll Sell in the Next Three Years