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Hanover Mortgages

The Refined Mortgage Lending Company & Home Loan Lenders

home buyers

Home Buyers Still Hopeful, Would-Be Sellers Less So

March 20, 2023 by Brett Tams

One in 10 Americans say they want to buy a home in 2022. But between high prices and low supply, they will need a lot of resilience for their search.

Posted in: Moving Guide Tagged: 2, 2021, 2022, active, actual, Administration, affordable, All, American Dream, analysis, assets, average, baby, baby boomers, before, bidding, big, Blog, boomers, Budget, Buy, buy a home, buyer, buyers, Buying, Buying a Home, Census Bureau, choice, Choices, clear, closing, Competition, Credit, credit score, currency, data, Debt, debt-to-income, Deciding to Buy a Home, down payment, downsizing, dream, Economy, expensive, FHA, finances, Financial Wize, FinancialWize, first home, first-time home buyer, fitness, fixer-uppers, Free, fund, future, Giving, good, good credit, growth, healthy, historical, home, home buyer, home buyers, home features, home inspection, Home Price, home price increases, home prices, home sellers, home shoppers, homebuying, Homeowner, homeowners, homeownership, homes, homes for sale, house, house hunting, Housing, Housing market, hunting, Income, inspection, interest, inventory, lessons, Life, list, Listings, loan, Loans, low, Low inventory, LOWER, Make, making, market, men, millennials, Misconceptions, More, Mortgage, mortgage payment, Mortgage Rates, Mortgages, Moving, National Association of Realtors, nerdwallet, new, new homeowner, or, Other, pandemic, Personal, personal finances, place, plan, Planning, plans, price, Prices, probability, programs, Purchase, rate, Rates, reach, realtor, Realtor.com, Realtors, retirement, retirement fund, right, risk, savings, search, Sell, seller, sellers, short, steel, story, Success Story, survey, time, U.S. Census Bureau, VA, VA loans, versus, veterans, veterans affairs, wants, war, will, women

How US banks turmoil is impacting the already hammered housing market – New York Post

March 18, 2023 by Brett Tams

How US banks turmoil is impacting the already hammered housing market  New York Post

Posted in: Renting Tagged: 2, 2023, 30-year, 30-year fixed mortgage, 457, All, all-time highs, Applications, average, Bank, Banking, banks, Blog, buyers, Buying, Cities, color, contracts, Credit, Credit Suisse, data, Economics, Economy, fed, Federal Reserve, Financial Wize, FinancialWize, fixed, Freddie Mac, history, home, home buyers, home prices, home search, Housing, Housing market, industry, interest, interest rates, investors, jobs, Lawrence Yun, Layoffs, market, markets, More, Mortgage, Mortgage Bankers Association, mortgage payment, MORTGAGE RATE, Mortgage Rates, National Association of Realtors, new, new york, one year, or, Other, pandemic, Prices, probability, Purchase, purchase applications, quality, rate, Rates, Realtors, Redfin, Research, right, search, sellers, short, Side, Silicon Valley, silicon valley bank, Silicon Valley Bank failure, Sites, svb, the fed, the west, time, West Coast, will, work

Optimism Reigns Amid Affordability Challenges

March 18, 2023 by Brett Tams

The shortage of entry-level homes and slow income growth could turn people off from homeownership, but the American dream of buying a home remains alive and well.

Posted in: Moving Guide Tagged: 2, 2017, 2020 election, 30-year, 30-year fixed rate, affordability, affordable, affordable homes, All, American Dream, analysis, assets, baby, baby boomers, before, big, Blog, boomers, Budget, builders, Bureau of Labor Statistics, Buy, buy a home, buyer, buyers, Buying, Buying a Home, calculator, chance, climate, cost, crash, Credit, credit cards, currency, data, Debt, Deciding to Buy a Home, down payment, Down payments, dream, Economy, Emergency, Emergency Fund, Employment, entry, equity, existing, expectations, Financial Wize, FinancialWize, first home, first-time buyers, first-time home buyer, fixed, fixed rate, Fixed rate mortgage, fund, future, Genworth, glasses, goal, goals, good, government, great, growth, home, home buyer, home buyers, home prices, home purchase, home repairs, Home Values, homebuilding, homebuying, homeowners, homeownership, homeownership rate, homes, household, household income, Housing, housing boom, Housing market, impact, Income, index, interest, investment, journey, landlords, Life, list, Live, loan, low, LOWER, maintenance, Make, market, markets, measure, median household income, millennial, millennials, money, More, Mortgage, mortgage payment, Mortgages, Move, National Association of Realtors, nerdwallet, new, or, Other, ownership, payments, percent, plan, Planning, plans, pretty, Prices, probability, Purchase, rate, reach, ready, Realtors, rebound, Recession, right, sales, save, savings, savings goal, second, Sell, shortage, states, statistics, stress, student, student loan, student loan debt, survey, surveys, time, united, united states, upgrade, value, will, young, young people, younger homeowners, Zillow

Mortgage rates drop in wake of bank failures – CNN

March 16, 2023 by Brett Tams
  1. Mortgage rates drop in wake of bank failures  CNN
  2. Mortgage Rates Drop Back to Monday’s Lows After More Big Bank Drama  Mortgage News Daily
  3. Buyers, get moving: Today’s 30-year mortgage rates dive below 6% | March 16, 2023  Fox Business
Posted in: Renting Tagged: 2022, 2023, 30-year, 30-year mortgage, All, Applications, average, Bailout, Bank, Banking, banks, before, big, Bob Broeksmit, bonds, borrowers, business, buyer, buyers, Buying, CEO, color, cost, country, Credit, data, Economic indicators, Economy, Family, fed, Federal Reserve, Financial Wize, FinancialWize, fixed, fl, flight, FOMC, Freddie Mac, government, home, home buyers, home buying, Homebuyers, homes, hot, Housing, housing costs, housing demand, Housing market, index, Inflation, interest, interest rates, Investor, investors, Jerome Powell, lenders, lending, LOWER, market, markets, Media, More, Mortgage, mortgage applications, Mortgage Bankers Association, Mortgage News, MORTGAGE RATE, Mortgage Rates, Mortgages, Move, Moving, News, offer, pressure, Prices, Purchase, rate, Rate Hikes, Rates, realtor, Realtor.com, Refinance, Research, safe, Sam Khater, second, Sell, sellers, short, Silicon Valley, silicon valley bank, single, single-family, Spring, stock, stock market, survey, the fed, The Stock Market, time, Treasury, Treasury bonds, trend, washington, will, winter

Mortgage Rates Near 7% for Spring Selling Season: Prices of … – WOLF STREET

March 15, 2023 by Brett Tams

Mortgage Rates Near 7% for Spring Selling Season: Prices of …  WOLF STREET

Posted in: Renting Tagged: 2, 2016, 2022, 2023, 30-year, 30-year fixed mortgage, active, actual, ad, All, Appreciate, Auto, average, beer, before, buyers, Buying, ca, california, co-ops, color, condos, Current Mortgage Rates, data, Deals, double, dream, existing, Fall, Family, fed, Financial Wize, FinancialWize, fixed, good, gpt, historical, holiday, home, home buyers, homes, Housing, Housing market, housing stock, interest, interest rates, inventory, investors, Listings, low, market, markets, More, Mortgage, Mortgage News, MORTGAGE RATE, Mortgage Rates, Moving, moving in, NAR, National Association of Realtors, new, News, pandemic, percent, price, Prices, property, rate, Rates, realtor, Realtor.com, Realtors, right, sales, san francisco, seasonal, second, second home, Sell, seller, sellers, selling, single, single-family, Spring, stock, the fed, time, Treasury, will

With little competition, homebuilders are feeling better

March 15, 2023 by Brett Tams

Despite economic uncertainty, homebuilders remain optimistic in March, but six month outlook falters slightly.

Posted in: Mortgage Rates, Real Estate, Refinance Tagged: 2022, acquisition, ad, affordability, affordable housing, All, Banking, banks, builders, Built, buyers, charts, Competition, construction, cost, Development, environment, existing, Existing home sales, expectations, Family, Federal Reserve, Financial Wize, FinancialWize, home, home builders, home buyers, home inventory, home market, Home Sales, Homebuilder confidence, homebuilder sentiment, Homebuilders, homeowners, homes, Housing, Housing Affordability, housing demand, Housing inventory, Housing market, index, interest, interest rates, inventory, Land, loan, Loans, market, Midwest, More, Mortgage, MORTGAGE RATE, Mortgage Rates, Moving, NAHB, National Association of Home Builders, new, new home, Other, points, poor, pressure, rate, Rates, Real Estate, rise, Robert Dietz, sales, shortage, single, single-family, single-family homes, stress, survey, the west, value, volatility, wells fargo, Wells Fargo Housing Market Index, will

Bad News for Home Buyers: Housing Inventory Remains Low in America’s Cities and Towns.

March 13, 2023 by Brett Tams

From the Chicago suburbs to small Vermont towns, the number of homes available for sale going into this year’s buying season remains very low, a MarketWatch analysis shows.
Posted in: Market News, Paying Off Debts Tagged: analysis, Buy, buy a home, buyers, Buying, Cities, construction, estate, Financial Wize, FinancialWize, gap, great, home, home buyers, Homeowner, homes, Housing, Housing inventory, Housing market, Housing markets, inventory, Local, low, Low inventory, market, markets, MarketWatch, Mortgage, Mortgage Rates, News, Rates, Real Estate, Recession, Residential, residential real estate, social, story, Style, suburbs

Smart Money: How COVID-19 Changed Our Finances — and Our Advice

March 13, 2023 by Brett Tams

NerdWallet writers discuss how COVID-19 changed the way we manage and talk about money in this roundtable episode of the Smart Money podcast.

Posted in: Moving Guide, Personal Finance Tagged: 2, 2017, 2021, 2022, 2023, 30-year, 30-year mortgage, accommodations, advice, affordable, All, Amazon, Amenities, Apps, ask, assets, at home, Bank, basic, basics, bedroom, before, Behavior, Benefits, bidding, bidding wars, big, Blog, boring, brokerage, brokers, build, Bureau of Labor Statistics, business, Buy, buy a house, buyer, buyers, Buying, Buying a Home, car, Cities, Closet, commissions, commute, cost, country, couple, covid, COVID-19, COVID-19 pandemic, crash, Crisis, crowds, currency, data, decisions, design, desk, discover, doors, Dorm Room, down payment, earning, Economy, Emergency, Emergency Fund, entertaining, Entertainment, ETFs, eviction, evictions, existing, existing home prices, expenses, expensive, experience, Extra Money, Fall, Family, fed, Federal Reserve, Finance, finances, Financial advice, Financial Wize, FinancialWize, fixed, floor, Florida, foreclosure, Foreclosures, foundation, Free, front, fund, funds, funny, future, gardening, Gen Z, General, good, government, great, groceries, growth, habits, health, hindsight, hold, home, home buyers, home office, home offices, home prices, homeowners, homeownership, homes, homes for sale, hot, house, Housing, housing boom, Housing market, How To, impact, Income, index, index funds, industry, Inflation, inherited, inspections, interest, interest rate, interest rates, inventory, Investing, investment, investments, investors, job, job market, jobs, journey, jump, kids, labor market, Land, landlords, landscaping, Layoffs, Learn, learned, lessons, Life, Lifestyle, Live, low, Low inventory, LOWER, Make, making, man, manage, market, markets, Media, memories, millennials, mobile, money, More, more money, Mortgage, Mortgage Rates, mountains, Move, movies, Moving, Music, needs, nerdwallet, new, News, north carolina, offer, office, Offices, open concept, opportunity, Other, pandemic, panic, parents, patience, patterns, paycheck, payments, peace, percent, Personal, personal finance, place, plan, plans, podcast, points, predictions, president, President Biden, pretty, price, Prices, questions, quiet, rate, Rates, ready, Recession, reddit, Refinance, Refund, Rent, renter, renting, restaurants, retirement, retirement accounts, retirement funds, Review, reward, right, room, rural, sales, save, Saving, saving rate, savings, Savings Account, securities, Sell, selling, shopping, short, shortage, shutdown, smart, Smart Money, space, Spending, spending habits, Spring, stage, states, statistics, stimulus, stock, stock market, stocks, stories, Strategies, suburbs, tax, tax refund, texas, thankful, the fed, The Stock Market, the west, time, timing, timing the market, town, trading, traditional, Travel, trends, tv, TV Shows, Unemployment, unemployment rate, value, volatility, wages, washing, washington, weather, West Coast, will, work, workers, working, wrong, young, young adults

Secret mortgage war: BNZ offers 4.99% one-year rate to new … – Stuff

March 11, 2023 by Brett Tams

Secret mortgage war: BNZ offers 4.99% one-year rate to new …  Stuff

Posted in: Savings Account Tagged: 2021, 2023, Advertising, Bank, banks, big, borrowers, Broker, brokers, business, buyers, color, Consumer Price Index, data, discounting, doors, equity, existing, Financial Wize, FinancialWize, fixed, fixed rate, Ford, home, home buyers, home loan, home loans, Home Sales, homeowners, homes, house, index, Inquiries, interest, interest rate, interest rates, investors, lending, loan, Loans, low, LOWER, market, meta, More, Mortgage, MORTGAGE RATE, Mortgages, Move, negotiate, new, new home, nick, offer, offers, Other, price, Prices, rate, Rate Hikes, Rates, Research, return, risk, sales, time, under, Video, war, will, youtube

FTC votes to block ICE-Black Knight deal, citing higher prices for home buyers

March 10, 2023 by Brett Tams

The Federal Trade Commission sued to block Intercontinental Exchange Inc. proposed acquisition of mortgage software rival Black Knight Inc. Thursday, alleging the tie-up would raise prices for mortgage lenders and home buyers. The FTC said the deal would give ICE and Black Knight a significant position in the market for loan origination software, which lenders … [Read more…]

Posted in: Refinance, Renting Tagged: acquisition, All, black, Black Knight, blue, brokers, building, business, buyers, Buying, Buying a Home, commission, company, Competition, court, Empower, Encompass, Financial Wize, FinancialWize, FTC, home, home buyers, home loans, home search, house, ice, Industry News, Intercontinental Exchange, investment, investors, lenders, loan, Loan origination, Loans, manage, market, Media, Mortgage, mortgage lenders, Mortgage Products, mortgage servicing, Mortgages, offer, Origination, Other, price, Prices, products, quality, Raise, search, second, security, Sell, Servicing, Software, value
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