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Why industry experts don’t expect mortgage rates to fall
Record-high mortgage rates have frozen the housing market, forcing loan officers to find business outside their wheelhouses. Despite new language in the Federal Open Market Committee statement that suggested a potential slowdown in curbing inflation, Federal Reserve Chairman Jerome Powell maintained a hawkish tone on raising the federal funds rates during Wednesday’s press conference. And […]
As housing prices surge, rent control is back on the ballot
Liberty McCoy was out Saturday urging voters to pass a Nov. 8 ballot measure to limit rent increases in Pasadena, California, because she’s afraid she’ll be priced out of the city where she grew up and where her aging parents live. The librarian and her husband, a freelance consultant, received notice of a $100 monthly […]
The Best Assets To Invest In During A Recession
In this article A recession is a normal (some might argue), inevitable part of the economic cycle. Many factors influence the dynamics of one, such as decreased consumer spending, a rise in unemployment rates, lower wages, and declining GDP. With the economic instability and uncertainty that comes with a recession, one may question whether or not investing […]
U.S. mortgage demand flat even as rates dropped
CNBC's Diana Olick joins 'Squawk Box' to break down the latest mortgage demand data from the Mortgage Bankers Association. Source link
Do You Know Where Your Money Is Coming From? Navigating Today’s Lending Market
In this article There is no doubt that the real estate market has been a wild ride since the pandemic changed the normal course of our lives over two years ago. Lending did not escape the effects of Covid-19, and many active investors have learned more about the loan process than they ever did before […]
Home sellers are getting realistic a lot faster now, says Coldwell Banker CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email The Exchange M. Ryan Gorman, Coldwell Banker CEO, joins ‘The Exchange’ to discuss the housing market as sales slow amidst rising mortgage rates. 04:02 35 minutes ago Source link
BiggerNews November: Was The “Office Apocalypse” All Hype?
Office investments were supposed to be dead by now. 2020 was supposedly the great exodus, where on-site workers were freed of their commutes, small talk, and trips to the water […] Source link
We’re preparing for home prices to fall, says Raymond James’ Buck Horne
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Buck Horne, director of equity research, homebuilding, and residential REITS at Raymond James, joins ‘Power Lunch’ to discuss opportunity in the home building space, cost-to-own and cost-to-buy spread differentials and dramatic drops in lumber prices. Source link
Is Florida’s Housing Market About To Get Even More Unaffordable? What You Need To Know
In this article The Sunshine State is hot, both in temperature and in its housing market. Siesta Key Beach on Florida’s west coast is consistently ranked one of the best beaches in the world. The area has an obvious draw that brings new residents in droves—it’s been one of the fastest growing parts of the country […]