housing cooling off
Market Watch, News

December 2018 Data: Housing Market Cooldown Continues

By Phil Butler | January 6, 2019
The latest report from realtor.com® reveals the continued cooling off of the U.S. housing market with 15% of listings showing price reductions.
US Real Estate

Federal Reserve opts not to raise interest rates in November meeting

By Mike Wheatley | November 13, 2018
The Federal Reserve says it won’t be raising interest rates following its November meeting. The meeting of the Federal Open Market Committee took place last week, before the announcement Thursday that it will not raise the federal funds rate. The committee said it has decided to maintain its target range of between 2 and 2.25 […]
Featured News, Mortgage

Mortgage payments rise twice as fast as interest rates

By Mike Wheatley | October 18, 2018
Buyers' monthly housing costs are growing rapidly as mortgage rates have risen significantly since the beginning of the year. A recent Zillow analysis found that higher rates are responsible for about two-thirds of the increase in buyers' monthly mortgage payments compared with what those costs would have been a year ago had home values remained […]
Investing

Interest Rates and Real Estate Investing

By Brian Kline | May 24, 2018
A recession is coming. But not quite yet. Certainly, we’ll see another recession but for now, the Federal Reserve continues trying to keep the U.S. economy balanced with moderate inflation and moderated economic growth.
Mortgage, US Real Estate

Mortgage demand falls as higher interest rates bite

By Mike Wheatley | May 4, 2018
Mortgage companies are seeing lower demand from would-be homeowners and refinancers after interest rates hit their highest level in almost five years last week.
Mortgage, Real Estate, US Real Estate

Home equity available to borrowers hits all-time high

By Mike Wheatley | April 5, 2018
Rising home values mean that homeowners are getting richer. Now, the amount of equity available to homeowners is at an all-time high, according to mortgage industry solution provider Black Knight Financial Services.
Home Buying, Mortgage, Residential, US Real Estate

Money’s Becoming Expensive with Rising Interest Rates

By Brian Kline | April 3, 2018
Investors and homebuyers haven’t had to pay close attention to interest rates for quite some time. But that’s changing. Sure, we’ve been reading that rates are going up
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