Real Estate Marketing & Beyond

Possible Answers for Home Buyers Facing High-Interest Rates

By Brian Kline | October 25, 2022

Mortgage, US Real Estate

5.9 million homeowners could benefit from refinancing

By Mike Wheatley | June 7, 2019

The recent fall in mortgage rates won’t just benefit those looking to buy a home, but also those who’ve already purchased a property, should they decide to take advantage and refinance, experts say. Around 5.9 million borrowers in the U.S. could see their mortgage rates fall by at least 75 basis points if they decide […]

US Real Estate, Zillow

Report: Home affordability "unnervingly low' for lower-income buyers

By Mike Wheatley | September 9, 2018

The double-whammy of of rising home prices and interest rates is creating a tough environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden. A monthly mortgage payment for a typical U.S. home requires 17.5 percent of the median income, up from 15.4 percent a year […]

Mortgage, US Real Estate

Higher mortgage rates likely following Fed's move to increase interest rates

By Mike Wheatley | March 26, 2018

An increase in mortgage rates is likely to follow after the Federal Reserve voted to hike its short-term interest rates. While the Fed’s rates aren’t directly tied to mortgage rates, they do nevertheless tend to follow a similar pattern.

interest

Mortgage, US Real Estate

Why buyers need to act now, before interest rates increase

By Mike Wheatley | March 14, 2018

Economists are warning of a “big impact” that rising mortgage rates could have on buyers who’re shopping for real estate.

Is a No Closing Cost Mortgage for You?

By Brian Kline | April 17, 2017

Buying a no closing cost mortgage isn’t necessarily a bad thing – as long as you understand how you’ll be paying those costs. To start with, a no closing cost mortgage doesn’t mean you won’t pay the costs associated with taking out the loan. When you take out a mortgage, there are costs that need to be paid

Mortgage, US Real Estate

Expert says rising mortgage rates will be good for the housing market

By Mike Wheatley | March 22, 2017

It looks as if the Federal Reserve is finally going to do something about raising short term interest rates

Featured News, US Real Estate

Bankrate's Greg McBride; "2013 Favorable for Borrowers"

By Phil Butler | January 7, 2013

Bankrate's senior financial analyst, Greg McBride, CFA, talked recently about the 2013 mortgage rate forecast . Today RealtyBizNews spoke with McBride about the news as it applies to industry professionals and consumers. Bankrate projects interest rates to remain steady at between 3.5 & 4.0 %.

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