Imagine turning your monthly expenses into a growing investment, something that could multiply your net worth exponentially. Not a lot of people know this, but the average homeowner’s net worth is 40 times that of a renter. Right now, if you are renting, you’re paying someone else’s mortgage, essentially filling…
Continue reading →HousingWireHousingWire Real estate and mortgage professionals: Your voice matters! Each quarter, HousingWire will tally the results and compile a report to gauge the market and provide you with valuable market trends, opportunities, and challenges. There is much to learn about the challenges real estate and mortgage professionals are facing. And,…
Continue reading →HousingWireHousingWire In 2024, the United States has already battled a year of extremes from tornadoes, hurricanes and flash flooding. Watery catastrophes have become far more and condo flooding is on the rise. September tends to be the most active month of the hurricane season. Of storms recorded in the Atlantic over…
Continue reading →HousingWireHousingWire In what has become a familiar fall ritual, mortgage lenders are increasing their conforming loan limits months ahead of the FHFA’s official announcement. On Friday, Rocket Pro TPO and Pennymac both announced an increase in their conforming loan limits to $802,650 — before the expected increase by the FHFA…
Continue reading →HousingWireHousingWire An often misguided premise I see on social media is that lower mortgage rates are doing nothing for housing demand. That’s ok — very few people are looking at the data without an agenda. However, the point of this tracker is to show you evidence that lower rates have…
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