The talk of a housing bubble in the coming year seems to be at a fever pitch as rising mortgage rates continue to slow down an overheated real estate market. Over the past two years, home prices have appreciated at an unsustainable pace causing many...
If you’re wondering if home prices are going to come down due to the cooldown in the housing market or a potential recession, here’s what you need to know. Not only are experts forecasting home prices will continue to appreciate nationwide this year, but most...
The desire to own a home is still strong today. In fact, according to the Census, the U.S. homeownership rate is on the rise. To illustrate the increase, the graph below shows the homeownership rate over the last year: That data shows more than half of the U.S....
Mortgage rates have had a roller coaster ride this last year....
As of September 2020, CNBC reported that 26 percent of Americans took advantage of payment deferment plans. As of late, almost 4 million homeowners have left the home mortgage forbearance program....
Like any industry, there are trends in the popularities of different home loans. With mortgage rates expected to slowly rise throughout the remainder of the year...
The bill for closing costs is the final hurdle between home buyers and their new homes, and it can represent a surprising chunk of money. Closing fees run between 3% and 6% of the mortgage; that’s around $18,000 to $36,000 on a $600,000 home....
Home buyers and sellers benefit from technology in the real estate industry, but parts of the process should remain traditional to keep its success. ...
President Donald Trump plans to release his tax plan, which could bring major changes to the housing industry, if acted upon. %%excerpt%% - %%category%% - %%tag%%...