Category: Financing

Mortgage Rate Predictions for the Next Two Months

May 5th, 2024
The housing market has thrown aspiring homeowners a curveball in 2024. After years of rock-bottom mortgage rates, inflation has come roaring back, sending rates sharply higher. This leaves many wondering: what will the next two months hold for mortgage rates? …Read more  »

Will Mortgage Rates Go Down in 2026: Predictions Say Yes

April 30th, 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  »

Tired of the Stock Market? Try Promissory Notes with Norada Capital

April 30th, 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  »

Canada Interest Rate Forecast for Next 10 Years

April 30th, 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  »

The Free Market Mortgage Act: What Does it Mean?

April 30th, 2024
The Free Market Mortgage Act of 2023 is a contentious piece of legislation aimed at deregulating the mortgage industry and fostering greater competition among lenders. Proponents believe it will lead to decreased interest rates, higher rates of homeownership, and a …Read more  »

Housing Market Interest Rates: Impact and Outlook 2024

April 28th, 2024
The housing market is an ever-changing landscape, with various factors influencing its trends and movements. One of the most significant factors impacting the housing market is interest rates. Housing market interest rates (or mortgage rates) play a crucial role in …Read more  »

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  »

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  »

30-Year Mortgage Rates on the Rise: Will It Affect Your Dream Home?

April 25th, 2024
As of April 2024, the housing market finds itself in a state of flux. While hopes for a return to historically low mortgage rates have dimmed, experts still predict a decline from the current highs. But what exactly does 2024 …Read more  »