Will Mortgage Rates Hit 7%?
Rates with a 7 Handle? Say it isn’t so… Mortgage rates spiked on Thursday and Friday as the 10-year treasury moved from 3.55% right before Powell’s speech to top 3.75% on Friday. So what did Powell say to cause the…
Rates with a 7 Handle? Say it isn’t so… Mortgage rates spiked on Thursday and Friday as the 10-year treasury moved from 3.55% right before Powell’s speech to top 3.75% on Friday. So what did Powell say to cause the…
When is the best time to buy? Realtor.com just released research results showing what week is the best time for a buyer to buy. Also, see why today’s market might be the best time for someone to build. And, we are gonna deliver the facts…fast!
Click bait headlines are popping up all over the place stating that homeowners are losing value. But, the number reflect something completely different.
A recession, as defined by Oxford, is a period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters. If you look up a housing recession in Oxford, the term does not exist
People in Colorado are turning to Google to search “are we in a housing crash”. Unfortunately, the click bait articles are getting attention. There are plenty of reasons I do not think the housing market will crash. And, 2 new reports just came out supporting it even more.
People in Colorado are turning to Google to search “are we in a housing crash”. Unfortunately, the click bait articles are getting attention. There are plenty of reasons I do not think the housing market will crash. And, 2 new reports just came out supporting it even more.
People in Colorado are turning to Google to search “are we in a housing crash”. Unfortunately, the click bait articles are getting attention. There are plenty of reasons I do not think the housing market will crash. And, 2 new reports just came out supporting it even more.
Today, homeowners have double the equity they had at the height of 2005 and only $1 trillion more in debt. Homeowners today simply need to not sell. And those sitting on the sidelines for the next year won’t pay 20% more for a home, thankfully! But, more likely, will likely pay 4-6% more AND…while they are waiting are paying down their landlord’s mortgage.
this last week had a months’ worth of data packed inside and to be honest, it wasn’t all good. In fact, in the wrong hands or headlines, it could look nasty. Throughout the entire week though, our mortgage rates kept going DOWN! Here’s why…