Renovation Loans: Unlock Your Dream Home

cmgfi cmgfi | 1 year ago

Renovation Loans Are on the Rise Blog posted On June 07, 2022 Mortgage rates have been sharply trending upward in recent months, causing many potential buyers to pick up their home hunting pace. Locking a mortgage rate now could prevent you from paying for a higher rate later, should they continue trending upward. However, home inventory is still very low – leaving buyers few options on the market. The newer, more updated homes are selling quickly, and for a steep p...

Rents are on the rise in Hawaii, report finds

bizjournals bizjournals | 1 year ago

Statewide, median rental prices rose $283 between 2019 and 2022, or 12.6%.

Mortgage Delinquencies Are on the Rise According to Banks

mashvisor mashvisor | 1 year ago

In the first quarter of 2022, mortgage delinquencies went up, according to an Office of the Comptroller of Currency (OCC) survey of several banks. The OCC said in early July that seven banks reported 19,542 new foreclosures were initiated in Q1 2022, which is comparable to the pre-COVID-19 pandemic foreclosure volume of 19,815 (Q1 2020). The first-quarter number compares to 1,294 new foreclosures in the preceding quarter and 833 in the first three months of 2021. What does it mean for the hous...

cmgfi cmgfi | 1 year ago

Adjustable-Rate Mortgages Are on the Rise: Are They the Right Move for You? Blog posted On May 31, 2022 Rising mortgage rates are pushing more home buyers toward adjustable-rate mortgages (ARMs). By March 2022, the ARM share dollar volume for conventional single-family mortgage originations was three times higher than its level in January 2021. Typically, ARMs start at lower mortgage rates than fixed-rate mortgages. This makes them an appealing option for many home buy...

Realiff Academy Realiff Academy | 1 year ago

Commercial loansmay be a feasible investment choice for you. In fact, if you want to buy a property that isn't a one- to four-unit residential property, you'll almost certainly need a commercial loan. Commercial loans feature higher interest rates and fees, as well as shorter durations and various qualification requirements. The borrower's income is valued above practically everything else in residential lending; commercial financing, on the other hand, is far more focused on the property. Y...

bizjournals bizjournals | 1 year ago

Adjustable-rate mortgages are more popular this summer than they've been since right before the Great Recession.

bizjournals bizjournals | 1 year ago

Adjustable-rate mortgages are more popular this summer than they've been since right before the Great Recession.

Residential Building Worker Wages on the Rise

realestateinvestingtoday realestateinvestingt... | 2 years ago

The NAHB’s Eye on Housing says that, compared to one year ago, average hourly earnings for residential building workers continue to rise even as the construction labor market remains tight. Citing data from the Bureau of Labor Statistics (BLS), they report that average hourly earnings (AHE) for residential building workers was $28.66 in February, 2022 [...] The post Residential Building Worker Wages on the Rise appeared first on Real Estate Investing Today.

Ep. 111: Why are RATES on the RISE? by Realtor Talk with Jason Schnitzer

garyandjason garyandjason | 2 years ago

In this episode, I'll be sharing an example of how to use leverage in real estate. With the right information, leveraging real estate can give you the ability to invest in real estate in different ways, allowing you to diversify your portfolio. Knowing what leverage in real estate is, how it can work for you, and how it can work against you will help you make sure you're maximizing what your money will do for you. https://garyandjason.com/ ABOUT US: The O.C. Realtor Talk Show is a platform hoste...