Lack of inventory, rising interest rates wreak havoc with first-time home buyers
Lack of inventory, rising interest rates wreak havoc with first-time home buyers
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"No win" scenario for many first-time home buyers.
"No win" scenario for many first-time home buyers.
Realtors are signaling a turn of the tide in Coloradoโs sizzling hot housing market, even with home sale prices around the state still hitting record highs.ย
Although housing inventory increased last month with the usual spring surge of new homes on the market, April saw home loan interest rates and home sale prices continue to rise.ย
According to the April 2022 Market Trends Housing Report from the Colorado Association of Realtors (CAR), the statewide median sales price for single-family ...
Realtors are signaling a turn of the tide in Coloradoโs sizzling hot housing market, even with home sale prices around the state still hitting record highs.ย
Although housing inventory increased last month with the usual spring surge of new homes on the market, April saw home loan interest rates and home sale prices continue to rise.ย
According to the April 2022 Market Trends Housing Report from the Colorado Association of Realtors (CAR), the statewide median sales price for single-family ...
Introduction Dawn Ferreiro is a is a loan officer in Dallas, Texas. She has been in the mortgage business for 17 years. She specializes in Conventional, FHA, VA, Jumbo, Renovation, and USDA products. She loves helping her clients attain the dream of home ownership and she genuinely enjoys getting to know them on a personal level. Get In Touch If youโd like to get in touch with our guest today, click on the link below and I will send you a warm introduction:ย https://lauramoreno.com/podcast-gue...
Introduction Dawn Ferreiro is a is a loan officer in Dallas, Texas. She has been in the mortgage business for 17 years. She specializes in Conventional, FHA, VA, Jumbo, Renovation, and USDA products. She loves helping her clients attain the dream of home ownership and she genuinely enjoys getting to know them on a personal level. Get In Touch If youโd like to get in touch with our guest today, click on the link below and I will send you a warm introduction:ย https://lauramoreno.com/podcast-gue...
Interest rates have been steadily rising over the last 6 months. Michael discusses the impact of what rising interest will have on underwriting apartment transactions.
Interest rates have been steadily rising over the last 6 months. Michael discusses the impact of what rising interest will have on underwriting apartment transactions.
Record-breaking price growth and rent hikes made saving for down payments more difficult.
Record-breaking price growth and rent hikes made saving for down payments more difficult.
Courtesy ofย Inspirato Real Estate
As interest rates rise, your clients could be wondering whether or not itโs still a good idea to invest in a second property or vacation home. Keep reading to hear from Alisa Koenigsberg, a loan officer in Colorado who closely studies real estate trends, on why you shouldnโt wait to buy a vacation home. Inspirato Real Estate asked Alisa a few questions about current market trendsโsee her insight below.
Q: Whatโs happening with mortgage interest rates ri...
Courtesy ofย Inspirato Real Estate
As interest rates rise, your clients could be wondering whether or not itโs still a good idea to invest in a second property or vacation home. Keep reading to hear from Alisa Koenigsberg, a loan officer in Colorado who closely studies real estate trends, on why you shouldnโt wait to buy a vacation home. Inspirato Real Estate asked Alisa a few questions about current market trendsโsee her insight below.
Q: Whatโs happening with mortgage interest rates ri...
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.
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several months, with mortgage rates now double what they were at the start of this year. Home prices, likewise, dropped 0.77% from June to July, according to a recent report from Black Knight, a software, data and analytics company. While that may not sound like a lot, it was the largest monthly drop since January o...
Some homeowners are losing wealth as high mortgage rates weigh on home values, at least on paper, as the once red-hot housing market cools quickly. Sales have been slowing down for several months, with mortgage rates now double what they were at the start of this year. Home prices, likewise, dropped 0.77% from June to July, according to a recent report from Black Knight, a software, data and analytics company. While that may not sound like a lot, it was the largest monthly drop since January o...
According to the MBA, refi applications fell 10% from the prior week and 62% from a year ago. Meanwhile, the seasonally adjustedย purchase indexย decreased 3.4% from the prior week and was down 9% year-over-year.
The post Mortgage applications fall amid low inventory, rising rates appeared first on HousingWire.
According to the MBA, refi applications fell 10% from the prior week and 62% from a year ago. Meanwhile, the seasonally adjustedย purchase indexย decreased 3.4% from the prior week and was down 9% year-over-year.
The post Mortgage applications fall amid low inventory, rising rates appeared first on HousingWire.
If youโve been considering buying a house โ or if youโre actually in the process โ youโve probably heard two things quite a bit lately: Interest rates are on the rise. Theyโre still historically low. Yes, they are still historically low, but that doesnโt change the fact that theyโre higher than if youโd just bought [โฆ]
The post 7 Ways for Homebuyers to Deal With Rising Interest Rates appeared first on Lighter Side of Real Estate.
If youโve been considering buying a house โ or if youโre actually in the process โ youโve probably heard two things quite a bit lately: Interest rates are on the rise. Theyโre still historically low. Yes, they are still historically low, but that doesnโt change the fact that theyโre higher than if youโd just bought [โฆ]
The post 7 Ways for Homebuyers to Deal With Rising Interest Rates appeared first on Lighter Side of Real Estate.