Housing Wire

SEPTEMBER 22, 2022

Mortgage rates, now around 6.5%, are cooling down the housing market and triggering mass layoffs in the mortgage and real estate industries. Mortgage rates have nearly doubled to around 6.5% Before the Federal Reserve raised the federal funds rate by 0.75 Will Savage, an LO at PMC Mortgage.

Mortgages 411

Mortgages Loan Officer Pre-approval Fixed-rate mortgage 411

Marco Santarelli

APRIL 20, 2024

Soaring home prices fueled by historically low mortgage rates created a frenzy of buyer activity. Rising interest rates have cooled buyer enthusiasm, leading to slower sales and questions about the future. Mortgage rates are likely to remain elevated compared to historic lows, impacting affordability for some buyers.

Marketing 105

Marketing Pre-approval Fixed-rate mortgage New Construction 105

Redfin

JULY 10, 2023

According to a new Redfin study, the average rent price in Austin is $2,951, while the estimated median monthly mortgage cost is $3,801. Stable monthly payments Buying a home with a fixed-rate mortgage means that your monthly mortgage payments stay the same over the duration of your mortgage.

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New Construction Equity Closing costs Purchase and sale agreement 51

Marco Santarelli

AUGUST 2, 2020

Let us continue to explore the housing market trends — from pre-COVID-19 days until July. New York is a fairly walkable city in Queens County with a population of approximately 8,174,290 people. It seems they want to cash in on the opportunity to purchase their favorite properties amid a historically low-interest rate of 3.3

Marketing 142

Marketing Sales Pre-approval Investor 142