Renovate To Drop PMI Mortgage Hack Has a Catch: Your Lender Doesn’t Have To Buy Your New Valuation

A mortgage hack has been making the rounds with real estate influencers: Don’t put 20% down on your home loan. Given that it takes seven years for the typical buyer to save... Read more »
Will Mortgage Rates Drop During the Christmas Holidays?

Will Mortgage Rates Drop During the Christmas Holidays?

It’s a question that often pops up as the scent of gingerbread fills the air and carols play on repeat: do mortgage rates actually dip around Christmas? The answer, and I’ll give... Read more »
Why did the growth rate of housing inventory drop by half this year?

Why did the growth rate of housing inventory drop by half this year?

Weekly housing inventory data Housing inventory is now in its traditional seasonal decline for December, but the inventory growth story, which I was thrilled to see earlier in the year, has changed... Read more »
Current Mortgage Rates Drop Below Historical Average But Double Pandemic Lows

Current Mortgage Rates Drop Below Historical Average But Double Pandemic Lows

If you’re thinking about buying a home or refinancing your mortgage, you’re probably wondering about interest rates. Let me tell you, today’s mortgage rates, hovering around 6.26% for a 30-year fixed loan... Read more »
Mortgage Rates Drop Fueling a Surge in Rental Property Investment

Mortgage Rates Drop Fueling a Surge in Rental Property Investment

Here’s the good news for anyone looking to get into rental property investing or expand their existing portfolio: falling mortgage rates are making it significantly cheaper to buy rental properties, which directly boosts... Read more »
Plunging Consumer Sentiment Marks Fastest Drop Since 1990 — RISMedia

Plunging Consumer Sentiment Marks Fastest Drop Since 1990 — RISMedia

Consumer sentiment continued to worsen in April, declining across all political groups with significant hurdles anticipated in multiple sectors of the economic landscape.  April’s Index of Consumer Sentiment, a survey conducted by... Read more »
Mortgage applications drop during holidays as rates move higher

Mortgage applications drop during holidays as rates move higher

Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to... Read more »
Will California home and rent prices drop in 2025?

Will California home and rent prices drop in 2025?

The Southern California housing market is downshifting. The average home price in the six-county region fell 0.3% from October to $869,288 in November, according to Zillow, marking the fourth consecutive month of... Read more »
October new-home sales drop off a cliff

October new-home sales drop off a cliff

After a year of strong results, sales of newly built homes took a major step back last month. Data released Tuesday by the U.S. Census Bureau and the U.S. Department of Housing... Read more »
Will California home and rent prices drop in 2025?

Will California home and rent prices drop in 2024?

Southern California home prices dipped in October for the third straight month, but values remain near all-time highs and unaffordable for most households. The average home price in the six-county region was... Read more »