Altos Research housing market predictions for 2023
We might only be a few weeks into 2023, but these first weeks have been rich with informative data on the housing market.
We might only be a few weeks into 2023, but these first weeks have been rich with informative data on the housing market.
If youâre a prospective home buyer, life isnât fun right now. The real estate market remains red hot (despite those headlines about it cooling) and quality properties are few and far between. Adding to this frustration is the notion that with every passing day, mortgage interest rates are inching higher and higher, putting further strain… Read More »5 Things Home Buyers Are Doing If They Havenât Found a Property After 3 Months
The post 5 Things Home Buyers Are Doing If They Havenât Found a Property After 3 Months appeared first on The Truth About Mortgage.
We all know mortgage interest rates are increasing. While theyâve seen periods of relief here and there, the trajectory seems to be decidedly higher. How much higher remains to be seen, but thereâs a good chance the rate you receive on a mortgage today wonât be as low as it was a year ago, or… Read More »One Really Simple Way to Offset a Higher Mortgage Rate
The post One Really Simple Way to Offset a Higher Mortgage Rate appeared first on The Truth About Mortgage.
Following the release of the 2019 conforming loan limit, HUD announced the 2019 FHA loan limits, which like the former will move higher next year. Similar to conforming loans, FHA loans have loan amount limits set either at the floor, the ceiling, or somewhere in between. The big difference is that the FHA floor (also… Read More »2019 FHA Loan Limits Rise: Floor Climbs Above $300k
The post 2019 FHA Loan Limits Rise: Floor Climbs Above $300k appeared first on The Truth About Mortgage.
Every home buyer wants to save money on their mortgage. With all the expenses associated with buying a home, removing just a few costs or fees can end up saving […]
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More fun and exciting mortgage Q&A: âWhat does a monthly mortgage payment consist of?â Have you ever been curious what youâre paying each month to live in your shiny new (or possibly dingy old) home or condo? Or how much it might cost per month to acquire such real estate? Let’s learn more about what… Read More »PITI: Find Out All That Goes Into Your Mortgage Payment
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While homeowners of all ages are mostly happy they purchased a property, younger borrowers seem to be regretting their mortgages more than the rest of the population. Per the semiannual survey titled, âZillow Housing Aspirations Report,â Millennial and Generation Z homeowners are more likely to have qualms about their home loan compared to those aged… Read More »Young Homeowners Are Having More Mortgage Regrets
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Today weâll check out âHomeTown Lenders,â a company that refers to itself as one of the Southeast’s largest FHA mortgage lenders. But thatâs not all they do. You can also get a home loan backed by Fannie Mae, Freddie Mac, the VA, and even the USDA. They arenât short on loan options, nor are they… Read More »HomeTown Lenders Review: The Latest Tech Coupled with Old-Fashioned Customer Service
The post HomeTown Lenders Review: The Latest Tech Coupled with Old-Fashioned Customer Service appeared first on The Truth About Mortgage.
Buying your first home can be pretty nerve-wracking. Regardless of what you pay, whether it seems like a little or a lot, there are going to be some sleepless nights early on. The first time I bought a place, I threw the bed sheets over my head and didnât emerge until morning, night after night.… Read More »What Is a Good Price for a First-Time Home Buyer?
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There have been a lot of unpleasant headlines regarding the state of the real estate market lately. Earlier this week, Redfin noted that only 1 in 8 offers written by their agents faced competition from other prospective home buyers in January. That was down 53% from a year earlier, allowing Redfin to proclaim that âbidding… Read More »Is the Real Estate Market Going to Crash in 2019?
The post Is the Real Estate Market Going to Crash in 2019? appeared first on The Truth About Mortgage.