Category: Financing

Cost of Buying a Home Reaches New High: Monthly Payment Soars 13%

April 26th, 2024
The U.S. housing market has always been dynamic, but recent reports indicate a significant surge in home prices, hitting an all-time high, alongside a rise in mortgage rates. This combination is creating a challenging environment for potential homebuyers. According to …Read more  »

Beyond Wall Street: Norada Capital Makes Promissory Notes an Investable Asset Class

April 26th, 2024
Investing can often seem like a complex and daunting task, especially when looking for opportunities that offer both high returns and security. Norada Capital has emerged as a promising option for investors seeking to diversify their portfolios with promissory notes. …Read more  »

What is a Promissory Note in Real Estate?

April 26th, 2024
Promissory Note in Real Estate In real estate transactions, a promissory note is an essential document that helps formalize the terms of a loan between a borrower and a lender for the purchase of the property. The note outlines the …Read more  »

Mortgage Rate Predictions for Next 5 Years

April 26th, 2024
The landscape of US mortgage rates is a dynamic and ever-evolving arena, influenced by a myriad of economic factors and policy decisions. As we look ahead to the next five years, potential homebuyers and current homeowners are keenly interested in …Read more  »

Mortgage Rate Predictions for Next 2 Years

April 26th, 2024
As of April 19, 2024, the mortgage landscape in the United States has been marked by a period of fluctuation, with rates experiencing a slight increase. Here's an analysis of current averages and expert predictions for the next two years. …Read more  »

Will Mortgage Rates Go Down in 2026: Predictions Say Yes

April 26th, 2024
Will mortgage rates go down in 2026? It's a question that weighs heavily on the minds of homeowners, potential buyers, and real estate investors. Predicting the future of these rates is notoriously difficult, but by examining current economic trends and …Read more  »

Canada Interest Rate Forecast for Next 10 Years

April 25th, 2024
Imagine trying to plan your finances for the next ten years, but interest rates – those numbers that impact everything from mortgage payments to savings account returns – are a bit of a mystery. In Canada, that's the current situation. …Read more  »

Canadian Interest Rate Forecast for Next Five Years (2024-2029)

April 25th, 2024
The Canadian interest rate is currently undergoing a period of significant change. After a prolonged era of historically low rates, the Bank of Canada (BoC) has embarked on a tightening cycle to combat inflation. But where will rates go from …Read more  »

Will Fed’s Decision Crash the Housing Market in 2024?

April 25th, 2024
As April 2024 unfolds, attention is fixated on the Federal Reserve's impending decision regarding interest rates. This verdict carries substantial weight, reverberating across various economic domains, including the dynamic housing market. However, it is crucial to recognize that the Fed's …Read more  »
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