Assumable mortgages are considered the unicorns of the loan world. Some say it’s because there’s not much in it for lenders. But these homebuyers prevailed. Here’s how, and why they’re so glad they did.
The post ‘We Bought Our Home With a 2.6% Assumable Mortgage’—Why It Was Hard To Get, but Worth the Fight appeared first on Real Estate News & Insights | realtor.com®.
The glut of old listings, high home prices, and tough mortgage rates have put the market into a winter malaise. Will spring bring a thaw?
The post America’s Hot Mess of a Housing Market Just Got a Little Bit Uglier—Here’s Why appeared first on Real Estate News & Insights | realtor.com®.
Foreclosures are rising, but they aren’t a red flag for the housing market. The higher numbers are due to COVID-19 foreclosure moratoriums that ended.
The post Foreclosures Are Surging: Is a Repeat of the Great Recession Looming? appeared first on Real Estate News & Insights | realtor.com®.
Only 1 in 4 households can afford the median-priced home at current mortgage rates. Here’s how many more get locked out with every rate hike.
The post Yikes! Every Time Mortgage Rates Rise, Buyers Need To Make This Much More To Afford a Home appeared first on Real Estate News & Insights | realtor.com®.
While yield-curve inversions are strong economic indicators that can signal the risk of a potential recession, they don’t tell investors definitively when an economic downturn is likely to come.
The post ‘Mortgages Are Complicated Instruments’: Should Home Buyers Be Worried About a Yield Curve Inversion? Economists Say Keep Your Eyes Open for These Signals. appeared first on Real Estate News & Insights | realtor.com®.
Rising prices and rates are driving up mortgage payments which are pushing up demand for rentals.
The post Atlanta rents, mortgages both on the rise and breaking records appeared first on Atlanta Agent Magazine.
“This is a sign that the competitive purchase market, driven by low housing inventory and high demand, is pushing prices higher and weighing down on activity.” — Mortgage Bankers Association Associate Vice President of Economic and Industry Forecasting Joel Kan
The post Mortgage applications dip as rate increases in latest MBA survey appeared first on Atlanta Agent Magazine.
In spite of the COVID-19 pandemic, Americans are poised to take more mortgages this year than they did even during the run-up to the 2008-09 financial crisis.
The post Mortgage Originations Are on Pace for Best Year Ever appeared first on Real Estate News & Insights | realtor.com®.