In a rather odd interview on CNBC Thursday, Zillow CEO Spencer Rascoff said itâs âdefinitely a great time to sell,â despite the fact that home prices are expected to rise a fair amount in the near future. Funnily enough, back in March his company asked a bunch of economists about the direction of home prices, [&hellip
The post Zillow CEO Says Donât Wait, Best to Sell Home Now first appeared on The Truth About Mortgage.
Just about everyone knows mortgage rates have shot up rather dramatically recently. And now some of the major market players are actually addressing the matter, which seems a tad unusual. This morning, mortgage financier Freddie Mac discussed how 30-year fixed mortgage rates have increased about 40 basis points (0.40%) since May, rising from the 3.5% [&hellip
The post Mortgage Rates Would Need to Rise to 7% Before Median Home Unaffordable first appeared on The Truth About Mortgage.
Yes, the traffic is bad but it’s our nation’s capital after all.
The post 10 Things to Know About Living in Washington D.C. appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
A new commentary written by Fannie Maeâs Vice President of Applied Economic and Housing Research, Mark Palim, aims to put fears of rising rates to bed. In the analysis posted on Fannieâs website, Palim notes that the recent increase in mortgage rates shouldnât derail the nascent, yet rather fragile housing recovery. But surely one would [&hellip
The post Fannie Economist: Rising Mortgage Rates Should Slow Purchases, Not Lower Prices first appeared on The Truth About Mortgage.
Reverse mortgages can be complicated so itâs imperative that you understand how the loan is repaid, the monthly costs and potential scams to look out for.
A new study from Redfin proved what we probably all assumed was the case; vacant homes sell for less than those filled with stuff. Thereâs something slightly unappetizing about a vacant home, whether itâs the emptiness of it all, or the desperation knowing someone is losing money each month it sits on the market. Homes [&hellip
The post Why You Should Live in Your Home Until It Sells first appeared on The Truth About Mortgage.