Metro East REIA
- Aug 16, 2022
- 1 min read

ARM-Backed Home Purchases Are Way Up

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...

Recent Posts

See All

Georgia Governor Signs Bill Making Squatting a Crime

Following on the heels of Florida, Georgia Governor Brian Kemp recently signed legislation which would allow property owners to go after...

Supreme Court Rules Government Can’t Use Permit Process to Coerce Property Owners

The Pacific Legal Foundation recently announced that the U.S. Supreme Court ruled unanimously that legislatures cannot use the permit...

Foreclosure Starts Increase Slightly

According to the ATTOM Data’s Q1 2024 Foreclosure Report, there were 95,349 with a foreclosure filing during the first quarter of 2024,...

ARM-Backed Home Purchases Are Way Up

Recent Posts

Comments