article thumbnail

Is Strong Equity Enough to Hold Back Foreclosures?

RIS Media

released its latest Mortgage Monitor Report , exploring the relationship between equity positions and downstream foreclosure start rates and, ultimately, distressed liquidations. Whether that’s due to lack of understanding of their equity positions or the foreclosure process in general is unclear,” he added.

Equity 98
article thumbnail

On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting. And there are plenty out there: adjustable-rate mortgages, interest-only mortgages, 2-1 buydowns.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. These 15-, 20-, and 30-year mortgages aren’t exciting. And there are plenty out there: adjustable-rate mortgages, interest-only mortgages, 2-1 buydowns.

article thumbnail

With Mortgage Rates Rising, Is an Adjustable Rate Right for You?

Lighter Side of Real Estate

Which means you’ve probably been reading or hearing about adjustable rate mortgages making a comeback. The 30-year fixed rate mortgage has been so historically low, they haven’t been all that necessary to consider. Find out how much it can adjust, and how often, once the fixed rate period is over.

Mortgages 139
article thumbnail

What Happens to My Mortgage if the Housing Market Crashes?

Marco Santarelli

Due to the crash, there may also be short sales and foreclosures, offering you the opportunity to acquire a deal. Many homebuyers may feel that obtaining a mortgage is too risky. Recessions are temporary pauses in an otherwise booming economy, but they have an impact on the housing market and interest rates. recessions.

article thumbnail

5 predictions for the 2022 housing market

Housing Wire

The Federal Reserve has announced plans to gradually “taper” its supportive monetary policy: Net acquisitions of agency mortgage-backed securities are expected to cease by the end of March and the Federal Open Market Committee has signaled possibly three 25-basis point increases in the federal funds target by yearend 2022.

Marketing 545
article thumbnail

Miami Real Estate Records Best August Sales Month in History

Realty Biz

Miami Homeowners’ Home Equity Continues Surging as Many Pay Lower Mortgage Payments. With interest rates still at record lows, many South Florida homeowners have refinanced their home loans. Home equity can be tapped for renovations, college loans and more. The average commitment rate across all of 2020 was 3.11%.

Sales 106