In addition to a further drop in existing home sales, Yun said he expects the annual median home price to rise just 0.3% next year to $384,500.
Slower-than-expected inflation rate is good news for the housing market, which has suffered greatly from the affects of rate hikes.
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on Zillow Mortgage Marketplace at 3.47 percent, up from 3.46 percent.
Today’s Refinance Rates: January 30, 2023âRates Remain Mostly Stable Forbes
How many times can you use your VA loan benefit? You can use your VA home loan benefit as many times as you want. But, with some rare exceptions, you […]
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The correction in these markets could rival the crash that occurred in the wake of the housing bubble more than a decade ago.
Here’s a shocker. Only about 40 percent of borrowers obtain more than one mortgage quote, according to a survey conducted by Harris Interactive and mortgage comparison service LendingTree. Despite this, more than nine in 10 borrowers understand that mortgage rates vary among mortgage lenders, which explains why only three in 10 felt “very confident” they… Read More »Most Consumers Only Obtain One Mortgage Quote
The post Most Consumers Only Obtain One Mortgage Quote appeared first on The Truth About Mortgage.
If you happen to be in the market to buy a home, youâre probably not giddy with delight over todayâs sky-high listing prices. After all, home prices continue to inch higher and higher from their near-term lows seen about a decade ago after surging for years. Knowing the home seller purchased the property for 50%… Read More »Wait, Home Buying Is the Cheapest Itâs Been in 20 Years?
The post Wait, Home Buying Is the Cheapest Itâs Been in 20 Years? appeared first on The Truth About Mortgage.
Buy now, pay later is convenient but can quickly turn into a nightmare. It’s easy to fall into traps like missed payments and late fees. Even if you never miss a payment, BNPL purchases lack consumer protections and can make returns a hassle.Buy now, pay later is convenient but can quickly turn into a nightmare. It’s easy to fall into traps like missed payments and late fees. Even if you never miss a payment, BNPL purchases lack consumer protections and can make returns a hassle.
The post Buy Now, Pay Later: The Good, the Bad, and the Ugly appeared first on Money Under 30.
Replacing your mortgage with a cash-out refinance is a great way to get extra funds and expand on your financial stability. But what can cash-out refinance money be used for? In just a few minutes, we’ll explain exactly what a cash-out refinance is, how you can best use your newly acquired funds, and more. What… View Article
The post What Can I Do With Cash-Out Refinance Money? first appeared on Total Mortgage.