Marco Santarelli

APRIL 24, 2024

Should you put your homebuying dreams on hold, hoping for rates to decrease, or lock in a loan now? While high rates translate to larger monthly payments, waiting for a potential drop comes with its own set of challenges. But here's the rub: the housing market is a dynamic entity, and its future trajectory can be unpredictable.

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Realty Biz

NOVEMBER 8, 2023

The current housing market is one of the most challenging in recent memory for buyers. Home prices have surged to record highs, while interest rates have also increased. Prices Are Up, and So Are Mortgage Rates The news isn’t great for homebuyers right now. This is up 8.4% from a year ago.

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HomeLight

DECEMBER 27, 2023

Speaking with a mortgage lender — or several — before you buy a home shows that you’re a serious consumer, but talking with one of these experts before you sell a house also has several benefits. That’s typically not a problem, so long as their home is worth more than what they owe on their loan. Learn More 1.

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Realty Biz

AUGUST 12, 2023

Buying a home is a significant decision, and understanding mortgage terms can make the process smoother. Here are some key terms and their definitions: Mortgage : A loan specifically used to purchase real estate. Interest : The cost of borrowing money, expressed as a percentage of the loan amount.

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Marco Santarelli

SEPTEMBER 22, 2023

Home prices have been rising rapidly in recent years, with some markets seeing double-digit growth. A housing bubble is a sustained but temporary condition of over-valued prices and rampant speculation in housing markets. Speculators pour money into the market, further driving up demand. Are We in a Housing Bubble?

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Realty Biz

MARCH 30, 2023

There are fixed-rate mortgages, adjustable-rate mortgages, hybrid loans, reverse mortgages, and FHA loans that all come with varying interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

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Realtor.com

APRIL 29, 2021

Yuri_Arcurs/iStock; MattKay/iStock Buying a home and getting a mortgage typically go hand in hand. Yet home loans aren’t always easy to understand—and there’s a lot of misinformation out there about how mortgages work. “A And make sure you’re aware of the biggest misconceptions about home mortgages.

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Lab Coat Agents

FEBRUARY 7, 2023

Are you in the market to buy your first home? How To Get The Best Mortgage Rate You can do a few things to ensure you get the best mortgage rate possible. First, compare rates from several lenders. Next, consider the type of loan that’s right for you. What Is A USDA Loan?

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Realtor.com

AUGUST 13, 2020

That’s especially true in the mortgage industry, where interest rates and the overall home loan landscape are shifting with such head-spinning speed, it’s easy for outdated information to circulate, leading home buyers and homeowners astray. 1: Everyone qualifies for low interest rates. 6, according to Freddie Mac.

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Realty Biz

FEBRUARY 7, 2023

Figure Out What Mortgage Program Works Best When you start looking for a mortgage , one of the first steps should be deciding what loan terms you want. For example, do you want a 30-year fixed or adjustable-rate mortgage? A fixed-rate mortgage will give you more stability if you stay in the home longer.

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Realty Biz

AUGUST 28, 2023

In many cases, it means both, as this makes for more affordable monthly loan repayment amounts. However, trouble has been brewing on the horizon for a long time now, and the days of affordable mortgages seem to be at an end for now. The Culprit Behind Rising Interest Rates Interest rate increases don’t happen out of nowhere.

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Redfin

JULY 11, 2023

Whether you’re a first-time homebuyer in Los Angeles or you’re considering refinancing your home in Tampa , this guide is tailored to equip you with the knowledge and understanding necessary to navigate the mortgage process effectively. What is a mortgage? How does a mortgage work? What is PMI, and when is it required?

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Realty Biz

SEPTEMBER 30, 2023

Understanding how a low credit score affects your mortgage and exploring government-backed programs can help you navigate the process. By comparing loan options, understanding loan terms and interest rates, and exploring resources for mortgage comparison, you can find the right mortgage lender for your financial situation.

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Real Trends

JANUARY 31, 2023

Last year’s housing market put would-be homebuyers through the wringer. Record-low inventory, an unpredictable rate environment and homes selling for two, three, four times (and more!) First-time buyers, especially, may not be aware of the type of documentation and information they will need to pull together when applying for a loan.

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Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. Among them, non-recourse loans, hard money loans, and private loans are the most popular. Among them, non-recourse loans, hard money loans, and private loans are the most popular.

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Toronto Realty Blog

APRIL 18, 2022

But the point I’m trying to make today is that you can seemingly make a market out of anything. You can make a market out of anything. Because it’s a shot across the bow to anybody that is going to suggest an assumable mortgage is not a commodity that can, or will, be bought and sold with regularity in the coming months.

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Realty Biz

JANUARY 14, 2022

The housing market is chilly as of December. The Aspen real estate market continues to expand, and house values in this location continue to rise every year. It is one of the world’s most sought after active luxury markets! Luxury Market. Cycling and camping are the two most popular activities at Maroon Bells.

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Real Trends

OCTOBER 23, 2022

Buying a home for the first time can be daunting, especially with how the market has been over the past few years. Rising interest rates and softening prices can create even more doubt for first-time homebuyers. First-time homebuyers’ extra jitters during today’s market. First-time homebuyers biggest fears.

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Marco Santarelli

JULY 23, 2022

In the summer of 2022, there is a lot of speculation in the media that the slowing housing market is an indication that the market is headed for a housing crash. People who recall the subprime mortgage crisis are concerned that the recent spike in home prices followed by a pause signals the bursting of another housing bubble.

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Housing Wire

FEBRUARY 14, 2024

Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.

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Realtor.com

JANUARY 19, 2022

Covering this housing market, I soon learned, was nothing at all like trying to navigate it myself. And, now that my homebuying odyssey is over, I wanted to share what I learned—things that no amount of writing about the housing market could teach. Not only that, we were about to sign up for 30 years of fixed-rate mortgage payments.

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Housing Wire

AUGUST 29, 2022

After two golden years in the mortgage market during the pandemic period, refis have dried up and the industry has since pivoted toward a purchase market. Dubbed the ‘Game On’ pricing initiative , UWM slashed prices across all loans by 50 to 100 basis points, wreaking havoc on competitors with already compressed margins. “I’m

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Redfin

JUNE 1, 2022

Homes in markets like Seattle, WA , regularly face bidding wars, while nationwide, nearly 6,000 have sold for $100,000 or more above asking price this year. There are three major reasons why housing is currently so expensive: limited supply, high demand, and historic inflation rates. Will inflation cause the market to cool down?

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Redfin

FEBRUARY 10, 2023

With the unique real estate market in Seattle, both options present their own advantages and disadvantages which can make finding your perfect home a challenge. Advantages of buying a home in Seattle Strong real estate market Seattle has a strong real estate market, with a consistent increase in home prices over the recent years.

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The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. 4 Loan Questions Worth Asking. Annual percentage rate (APR).

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