Keith Canter of First Community Mortgage on interest rates and Nashville's potential home price swings
Keith Canter of First Community Mortgage on interest rates and Nashville's potential home price swings
This longtime local mortgage lender spoke with the Business Journal to share his thoughts on where Middle Tennessee's housing market stands, and how the region's diverse economy could lead home prices to move with in line with national averages.
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There are a few really important numbers when itโs time to obtain a home loan: your credit score, the amount you want to borrow, and the interest rate. The news is full of talk about interest rates lately. Will they go up? Will they go down? Will they stay down? When they go up, how far will they go?
There are a few really important numbers when itโs time to obtain a home loan: your credit score, the amount you want to borrow, and the interest rate. The news is full of talk about interest rates lately. Will they go up? Will they go down? Will they stay down? When they go up, how far will they go?
The housing market is still competitive, but this summer hasnโt seen the same buying and selling frenzy as last year. Rising interest rates are one of the main reasons for this change in the market. The followingย real estate marketing tipsย can help you explain the effects of increasing interest rates to your sellers and buyers. Encourageโฆย Read More ยปRising Interest Rates โ The Impact on Buyers and Sellers of Real Estate
The post Rising Interest Rates โ The Impact on Buyers and Seller...
The housing market is still competitive, but this summer hasnโt seen the same buying and selling frenzy as last year. Rising interest rates are one of the main reasons for this change in the market. The followingย real estate marketing tipsย can help you explain the effects of increasing interest rates to your sellers and buyers. Encourageโฆย Read More ยปRising Interest Rates โ The Impact on Buyers and Sellers of Real Estate
The post Rising Interest Rates โ The Impact on Buyers and Seller...
Itโs an age-old question, at least when it comes to mortgage interest rates: Is it better to float your rate or lock in your mortgage? There are pros and cons to each, which can vary based on the overall economy, as well as unpredictable factors that can cause rates to go up or down.ย
Itโs an age-old question, at least when it comes to mortgage interest rates: Is it better to float your rate or lock in your mortgage? There are pros and cons to each, which can vary based on the overall economy, as well as unpredictable factors that can cause rates to go up or down.ย
Larger economic issues weigh heavily on the property type, says JLL's Katie Parsons.
The post The Impact of Interest Rates and Inflation on Industrial Real Estate appeared first on Commercial Property Executive.
Larger economic issues weigh heavily on the property type, says JLL's Katie Parsons.
The post The Impact of Interest Rates and Inflation on Industrial Real Estate appeared first on Commercial Property Executive.
Demand for mortgages has tumbled amid rising rates, and generally speaking home prices have the American dream on hold.
The post Rising Interest Rates Shake Up the Mortgage Industry appeared first on SoFi.
Demand for mortgages has tumbled amid rising rates, and generally speaking home prices have the American dream on hold.
The post Rising Interest Rates Shake Up the Mortgage Industry appeared first on SoFi.
"No win" scenario for many first-time home buyers.
"No win" scenario for many first-time home buyers.
Bridging loans have higher
interest ratesbecause you are paying for the privilege of
borrowing a large sum of money rapidly. Bridging loans are charged
daily rather than annually because they are often short-term. You
can expect to pay anything from 6%APR up to 20%APR depending on the
loan. This is far higher than the mortgage interest rates offered
by today's finest mortgage packages.
A bridging loan's interest is calculated in three ways, unlike a
regular
mortgage:ย
Monthly: Similar to an...
Bridging loans have higher
interest ratesbecause you are paying for the privilege of
borrowing a large sum of money rapidly. Bridging loans are charged
daily rather than annually because they are often short-term. You
can expect to pay anything from 6%APR up to 20%APR depending on the
loan. This is far higher than the mortgage interest rates offered
by today's finest mortgage packages.
A bridging loan's interest is calculated in three ways, unlike a
regular
mortgage:ย
Monthly: Similar to an...
The residential real estate market in desirable cities like Boston and its suburbs is as hot as ever. Double-digit asking prices, offers tens of thousands of dollars over asking, cash buyers, no contingencies โ and all fed further by constrained supply.ย One reason for the frenzy is the nearly free money that low inflation and Federal Reserve Bank policies have provided for most of the last 20 years. Well, thatโs changing.
So: Crash, correct, or cool?
Despite the Fedโs relatively aggres...
The residential real estate market in desirable cities like Boston and its suburbs is as hot as ever. Double-digit asking prices, offers tens of thousands of dollars over asking, cash buyers, no contingencies โ and all fed further by constrained supply.ย One reason for the frenzy is the nearly free money that low inflation and Federal Reserve Bank policies have provided for most of the last 20 years. Well, thatโs changing.
So: Crash, correct, or cool?
Despite the Fedโs relatively aggres...
First Community Mortgage's wholesale division named a new regional sales manager in hopes to continue growth for the firm's mortgage boutique division.
The post First Community Mortgage names new regional sales manager appeared first on HousingWire.
First Community Mortgage's wholesale division named a new regional sales manager in hopes to continue growth for the firm's mortgage boutique division.
The post First Community Mortgage names new regional sales manager appeared first on HousingWire.
NASB Financial Inc.'s new CEO said he spent his entire 43-year career preparing for this leadership role. He aims to keep the bank growing its position in the mortgage market.
NASB Financial Inc.'s new CEO said he spent his entire 43-year career preparing for this leadership role. He aims to keep the bank growing its position in the mortgage market.