The housing industry is on a mortgage rate roller coaster
The industry is on a roller coaster ride after mortgage rates shot up close to 7% following a drop to the low 6%-levels on the back of a resilient economy.Â
fixed
Mortgage rates rise to nearly 6.3%, the highest level since 2008 – CNN
Mortgage rates rise to nearly 6.3%, the highest level since 2008 CNN
Can Free and Clear Homeowners Save the Housing Market?
The housing market is in trouble. The latest blow being mortgage rates returning to 7%. But the ongoing issue has been a severe lack of inventory, which differs greatly from conditions around the time of the Great Recession. And the higher mortgage rates go, the worse the inventory situation gets. This is because existing homeowners… Read More »Can Free and Clear Homeowners Save the Housing Market?
The post Can Free and Clear Homeowners Save the Housing Market? appeared first on The Truth About Mortgage.
Bad News for Home Buyers: Mortgage Rates Inch Towards 7%, Highest Level in 2023
The typical mortgage now costs a homebuyer $2,300 a month, based on a 20% downpayment for a $359,000 home.
What Is Staking in Crypto? (And Is Crypto Staking Worth It for the Rewards?)
Crypto staking allows investors to earn rewards on their crypto deposits. Staked crypto is locked into a smart contract for a period of time.Crypto staking allows investors to earn rewards on their crypto deposits. Staked crypto is locked into a smart contract for a period of time.
The post What Is Staking in Crypto? (And Is Crypto Staking Worth It for the Rewards?) appeared first on Money Under 30.
WTFinance Are These Real Estate Terms?
About to buy a home? Feeling totally prepared?! Ha! During the homebuying process, there are a ton of terms youâll encounter that could be confusing or even deceiving. Unless you have the time and expertise to promote your property yourself or look for a new one, you will probably turn to a real estate
The post WTFinance Are These Real Estate Terms? appeared first on MintLife Blog.
Current BOK Mortgage Rates Reviews: Today’s Best Analysis
BOK has serviced the unique home-buying needs of Oklahoma residents for over 100 years and has grown into the largest bank in the state. This lender’s diverse selection of home loans are suited to a wide range of customers, including first-time homebuyers, moderate-to-low income borrowers and those with less than perfect credit. BOK’s conventional fixed […]
The post Current BOK Mortgage Rates Reviews: Today’s Best Analysis appeared first on Good Financial Cents®.
The Pros and Cons of Commercial Real Estate Investing
Commercial real estate investing can be very intimidating to those who are learning everything that is involved in the business. So what are the pros and cons of commercial real estate investing? I bought my first commercial rental property a few years ago, and it took a while to learn all the ins and outs. … Read more
Can We Use These Charts to Predict the Next Housing Crisis?
The Urban Institute released its monthly chartbook today, which provides tons of data about the mortgage market. As I scanned through it, I came across three charts I felt kind of summed up where weâre at in the current housing cycle, and why despite high home prices relative to a few years ago, we are… Read More »Can We Use These Charts to Predict the Next Housing Crisis?
The post Can We Use These Charts to Predict the Next Housing Crisis? appeared first on The Truth About Mortgage.
$50,000 Personal Loan: What You Should Know
Most people could use a cash injection at some point in their lives. Perhaps they need to cover major home repairs, a big-ticket purchase, or emergency expenses. Whatever the reason, a personal loan may be a good idea, especially for borrowers with a strong credit history. Read on to learn about $50,000 personal loans. Find […]
The post $50,000 Personal Loan: What You Should Know appeared first on SoFi.