Tagmortgages

January 2, 2015

Housing Market Predictions for 2015: Part 1

By Elizabeth Hayes
4 Min read
Add comment
02January

With the New Year approaching, consumers, investors, industry experts, and policy makers alike all cast a critical eye toward the 2015 real estate market. 2015 marks nine years since the housing bubble peaked before crashing, and three years after home prices hit a record low post-recession. This recovery has been a slow one, and 2015 will continue the trend of slow growth, but the market is...

September 27, 2012

How Adjusted Mortgage Underwriting Standards Circulate Money and Kick Start the Economy

By Tony Salloum
9 Min read
2 comments
27September

Money talks, and when it does, we listen. So we’ve all, undoubtedly, heard the sound of circulating cash. As the dollar moves between buyer and seller, an anticipatory “Cha…” sets the buck in motion, while a conclusive “…Ching” finalizes the exchange. “Cha-Ching!” – the chime of money in motion and growing prosperity. However, once the drowning noise of collection agencies disrupt the harmonious...

March 20, 2012

Reverse Mortgages Rising – What Does It Mean?

By Bryan Perez
3 Min read
Add comment
20March

The number of seniors applying for reverse mortgages is going up, according to a new study by MetLife. The study finds that not only is that number going up, but seniors are demanding reverse mortgages at younger ages. The average age of seniors using reverse mortgages is 73, but 46% of homeowners considering it are under age 70. Essentially, more seniors are asking for reverse mortgages earlier...

March 10, 2012

Record Low Mortgage Rates Not Enough To Boost Housing Market

By Bryan Perez
3 Min read
2 comments
10March

The housing market is still struggling to gain a good pace. That’s a nice way of saying the market is still doing poorly. And as another sign of the bad conditions, mortgage rates have reached historic lows. 15-year fixed-rate mortgages averaged 3.13% last week, a new record low. And the average rate on a 30-year fixed-rate mortgage fell to 3.88%, less than 1% from the record low. The low...

Follow RentPost