CoreLogic says potential homebuyers are being discouraged by rapidly climbing and higher mortgage rates – which, in turn, means tumbling mortgage originations. However, they point that adjustable-rate mortgages (ARMs) are up significantly amid rising interest rates and they say homebuyers & investors are flocking to ARMs for better affordability and yields. Continue reading HERE...
The U.S. Government is reporting that sales of new single-family houses in August, 2023 were at a seasonally adjusted annual rate of 675k, which is 8.7% lower than July’s revised rate and is 5.8% high
Attitude can make or break you. We all have times in our lives where it is tempting to doubt ourselves and our abilities. Many of us also fall into the trap of externalizing control. It may be temptin
According to the latest U.S. Home Flipping Report from ATTOM, 84,350 single-family houses and condominiums were flipped in Q2, 2023 representing 8% of all home sales in the first quarter. Interesting