Great News For Housing Market as Inflation slows in November

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Inflation has held up faster than expected in November, increasing the likelihood that the Federal Reserve will slow the pace of interest rate increases.  This is good news for the real estate market, which has suffered greatly from the impactContinue Reading

Rocket Mortgage Launches New Inflation Buster Mortgage Program

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Detroit-based Rocket Mortgage, the nation’s largest mortgage lender, today launched its Inflation Buster program. That deposit is secured by a special account created and closely monitored by Rocket Mortgage, the company said. Under this program, homeowners pay their mortgage downContinue Reading

Builders Put Their Foot Off The Pedal Due To Inflation

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Builders worry that demand for new homes may slow. As a result, they have taken their foot off the gas in terms of production, warning of many potential buyers being pushed out of the market by rising costs. In June,Continue Reading

Reasons Why Rent Bidding Wars Are Erupting Across The Country

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

The housing market is currently unstable. The rise in prices is further exacerbated by the pandemic caused by the housing boom, which is pushing many people.  Then the tariff increase was imposed due to excessive inflation, which frightened more potentialContinue Reading

New Homebuyers Are Spending Two Times the National Average on Remodeling

By:
In: Home Equity News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

With inflation at a 41-year high in May and rising interest rates and mortgages, buying a home has become more expensive for many Americans.  And now it seems that repairing one is even more expensive, especially for new home buyers,Continue Reading

These Trends May Help Realtors In Competitive Market

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

After the housing boom of 2021, many individuals keep thinking about whether there is an accident before us, particularly with rising inflation.  In any case, specialists concur that it’s improbable that the housing market will radically change as for request.Continue Reading

FED to Fight Inflation As the rates hike accelerate quickest in last ten years

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 7

Last updated on May 12th, 2022 at 03:09 pmThe Federal Reserve is ready this week to accelerate its most radical strides in thirty years to go after expansion by making it costlier to get — for a vehicle, a home,Continue Reading

April Could See Higher Interest Rates Due To Inflation

By:
In: Mortgage News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Mortgage rates presumably will increase in April, proceeding with the current year’s vertical pattern for interest rates, everything being equal. Costs are going in the mood for everything, including interest, which is the cost we pay for getting cash. PurchaserContinue Reading

According to Fannie Mae Russia-Ukraine War and Inflation Effect US Economy

By:
In: Home Equity News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

Russia’s continuous attack of Ukraine and how it affects worldwide development could before long start to negatively affect the U.S. economy as it pushes expansion higher, as per the most recent monetary viewpoint from Fannie Mae. The most recent ConsumerContinue Reading

Inflation Analysis by Fannie Mae

By:
In: Realtor News

Warning: Undefined variable $custom_content in /home4/comcompare/public_html/mortgagenews/wp-content/plugins/code-snippets/php/snippet-ops.php(582) : eval()'d code on line 10

According to its Economic and Strategic Research Group’s latest commentary, Fannie Mae, along with projecting that interest rates will continue to rise through the end of 2021, has increased its inflation forecast for 2021.  In the fourth quarter, they increasedContinue Reading