Category: Financing

Mortgage Rates Top 7% Again With Bleak Predictions For Next Week

June 2nd, 2024
Listen up, house hunters! If you're dreaming of snagging your own slice of the American dream, you've got a new obstacle to hurdle. As of May 30th, 2024, the average 30-year fixed-rate mortgage (FRM) has jumped over the 7% mark …Read more  »

Mortgage Rates Up, Home Sales Down: Will the Housing Market Crash?

June 2nd, 2024
Homeownership has long been a cornerstone of the American dream, offering stability, investment potential, and a place to call your own. But recent months have seen a shift in the housing market, with a slowdown in sales attributed largely to …Read more  »

High Interest Rates Predicted But is “Zero Down Payment” Possible?

June 1st, 2024
Soaring mortgage rates threaten affordability, but there's a glimmer of hope! Is a return of zero-down mortgages on the horizon despite past risks? Let's find out what experts say about down payments and homeownership options. Homeownership is a cornerstone of …Read more  »

Predictions: Can Porting Your Mortgage Get You a Lower Interest Rate?

May 30th, 2024
Congratulations! You've found your dream home and are ready to make the move. But between packing boxes and coordinating movers, a big financial decision looms: your mortgage. In today's market, where interest rates can fluctuate, you might be wondering if …Read more  »

Housing Bubble Meaning: Causes, Signs, and Impact

May 28th, 2024
The housing market has always been a subject of interest for many people, especially buyers, sellers, investors, and professionals. However, the housing market is not always predictable, and one of the reasons for this is housing bubbles. A housing bubble …Read more  »

Mortgage Rate Predictions: Can Assumable Mortgages Offer Hope in 2024?

May 27th, 2024
Soaring mortgage rates in 2024? Let's face it, today's mortgage rates can sting. If you're in the market for a house, that 7% average rate on a 30-year fixed loan might feel like a brick wall blocking your dream of …Read more  »

Housing Market Shift: Equity Slips But Still High in 2024

May 25th, 2024
There's good news and not-so-bad news for American homeowners. Let's unpack the latest data from ATTOM, a leading real estate data provider, with a specific focus on state, county, and metro area variations. Housing Market Shift: Equity Slips But Still …Read more  »

Mortgage Rates Will Remain High in 2024: Predicted by Fannie Mae

May 24th, 2024
Looking to buy a house? If so, you're probably keenly interested in mortgage rates. Let's face it, securing a good rate can make a huge difference in your monthly payment and overall affordability. Expert predicts they'll stay elevated in 2024. …Read more  »

When Will Mortgage Rates Go Down to 3%: The Forecast

May 23rd, 2024
If you are a prospective homebuyer or homeowner looking to refinance your mortgage, you might be wondering when will mortgage rates go down to 3% in the US. The answer is not anytime soon, according to most experts and forecasts. …Read more  »
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