New data reveals changing preferences of borrowers
The current housing market is hard to describe, hard to predict and difficult to navigate for borrowers, renters and lenders alike. The latest numbers are mixed. New data released at the end of March 2023 shows that US home prices – as measured by the seasonally adjusted case-schiller The Home Price Index – fell for […]
3 Best Santa Barbara Suburbs to Live in 2023
Nicknamed “The American Riviera,” Santa Barbara has become a destination for many visiting Southern California. With its picturesque nature views, stellar food scene and endless ways to spend your time, it should come as no surprise that some 88,300 people live in santa barbara, as more people are looking to buy house in santa barbara, […]
LendingPulse Q2 2023 Survey: Mortgage professionals share their biggest concerns, market outlook
With the mortgage industry still rightsizing, mortgage professionals are concerned about deregulation of the industry and inflation that erodes already small margins. Industry players are largely pessimistic about the economic environment and expect interest rates to rise in the near future. HousingWire Q2 2023 LenderPulse Survey. Nearly 30% of the 155 respondents to the LenderPulse […]
Annual Percentage Rate (APR) vs. Interest Rate: What’s the Difference?
in this article Annual Percentage Rate (APR) and interest rate are two important metrics that affect the cost of borrowing money. Although the two figures are related, it is important to know the difference between interest rates and APRs when comparing mortgage offers. For example, knowing how the APR is calculated can save you thousands […]
Inflation eased further in March, but shelter costs still high
Consumer price growth cooled further in March, which is welcome news for federal Reservemade the daunting choice of continuing with its federal funds rate hike despite failures at its March meeting Silicon Valley Bank And signature bank, consumer price Index (CPI) rose 5.0% in March before seasonal adjustments from a year ago, a dramatic decrease […]
How to manage your long range investment assets using technology
in this article This article is brought to you by RentReady. Read our Editorial Guidelines for more information. When it comes to investing in real estate, you may be tempted to stick close to home, and that’s understandable. You’re more likely to understand the market and feel more comfortable being around when looking for tenants […]
The 7 Best Affordable Suburbs of Fayetteville, NC for 2023
Fayetteville, NC, is an iconic Southeastern city. There are countless things to do in the city whether you want to hike or bike the Cape Fear River Trail, explore the 80-acre Cape Fear Botanical Garden, or check out the Fayetteville Dogwood Festival during the spring. No wonder Fayetteville is home to 208,800 people. If you […]
3 Awesome Erie, PA, Suburbs to Consider Living
Nicknamed the “Gem City,” Erie, PA, is just one of many picturesque places to live along the shores of Lake Erie. The city is most famous for its spectacular waterfront views and is home to 94,000 residents. If you are looking to buy one house in erie, you’ll find that the average home sales price […]
Real estate prices fall year-on-year after rising for 131 consecutive months
in this article It had to happen, and finally it did. as of last month a new report From the National Association of Realtors (NAR), real estate prices eventually turned negative, “Median existing-home prices for all housing types were $363,000 in February, a 0.2% decline from February 2022 ($363,700), as prices climbed in the Midwest […]
7 Best Augusta, GA, Suburbs to Live in 2023
Often called “The Garden City”. Augusta, GA, is an iconic Southern city. Home of the Masters golf tournament every April and easily accessible to all of Georgia, it shouldn’t come as a surprise that approximately 201,200 people are living in Augusta. As more people move to Augusta, it is important to note that the median […]
