Soaring mortgage rates got you down? If you're thinking about buying a home, you're probably wondering: what will mortgage rates be doing in 2025? Experts predict a drop in 2025 but will they be right? Buckle up, because while predicting the future is no walk in the park, we can explore what the experts are saying and unpack some key factors that will likely influence mortgage rates next year. As of May 30th, 2024, the 30-year fixed-rate mortgage (FRM) averaged 7.03%, according to the Primary Mortgage Market Survey®️. Here's a quick snapshot of current mortgage rate trends: 1-Week Change: +0 ..read more

The itch to jump into real estate investing is there, but headlines scream rising interest rates and inflation. Maybe you've seen whispers of a potential crash. Should you wait or buy? Here's the truth: there's no perfect time, and right now could be an excellent opportunity. So, forget scary headlines! Real estate investing can thrive in any market. Let's break it down. Here's Why You Should Invest in Real Estate Today While there's no crystal ball, let's delve into the trends suggesting 2024 might be a great time to jump into the real estate market. Why Market Swings Can Be Your Ally Market ..read more

Dreaming of snagging a lower interest rate or beefing up your savings account with a fatter interest yield? The answer to that sweet financial daydream hinges on the Federal Reserve's next move. As inflation simmers and the global economic climate throws curveballs, will they slam on the brakes with interest rate hikes, or will 2024 see a welcome rate cut roller coaster ride? Buckle up, because the next few months could be a pivotal turning point for borrowing costs and your financial future. Goldman Sachs, a leading global investment banking, securities, and investment management firm, has re ..read more

The housing market continues to be a hot topic across the United States, and California remains at the center of the conversation. With skyrocketing home values and fierce competition for available properties, navigating the California housing market can feel like a rollercoaster ride. Let's delve into the current trends and what buyers and sellers can expect. Housing Market Update: 550 Places Where Homes Cost Over $1 Million Nationally, the housing market is experiencing a comeback. Zillow reports a record number of “million-dollar cities,” with over 550 locations boasting a median home value ..read more

Uncertain inflation outlook leads to mixed predictions for June mortgage rates. Experts weigh in on whether rates will climb, fall, or hold steady. Let's find out in this article. The battle against inflation is a key player in the game of mortgage rates. The Federal Reserve, America's central bank, aims to keep inflation under control by adjusting its federal funds rate. As of April 2024, the inflation rate in the United States was 3.4% for the previous 12 months, according to the U.S. Bureau of Labor Statistics. This is higher than the long-term average of 3.28%. The main contributors to inf ..read more

Thinking of selling your house? Seeing headlines about a cooling housing market might have you worried, but before you hit the panic button, let's take a closer look at what's really going on. This past week of May, the housing market saw some interesting shifts. Mortgage rates, which had been steadily climbing for several weeks, began to dip again. This dip seems to be a response to some positive economic signs, like a slowdown in inflation. As rates dropped, sellers became more optimistic, and the number of homes listed for sale actually picked up steam. Don't Panic! Here's What The Housing ..read more

Soaring mortgage rates threaten affordability, but there's a glimmer of hope! Is a return of zero-down mortgages on the horizon despite past risks? Let's find out what experts say about down payments and homeownership options. Homeownership is a cornerstone of the American dream, and in recent years, financial institutions have been developing programs to make this dream more accessible to a broader range of people. Among these initiatives, zero-down mortgage options have emerged as a beacon of hope for those who may not have the substantial savings traditionally required for a down payment. H ..read more

Listen up, house hunters! If you're dreaming of snagging your own slice of the American dream, you've got a new obstacle to hurdle. As of May 30th, 2024, the average 30-year fixed-rate mortgage (FRM) has jumped over the 7% mark for the first time in years. That's right, after a short breather with lower rates, things are heating back up – and it's not good news for housing affordability. Mortgage Rates Top 7% Again: Bleak Predictions For Next Week Let's Break it Down Here's the skinny on the latest numbers: – The average 30-year FRM is now at 7.03%, up from 6.94% just last week. – Even the 15 ..read more

High mortgage rates making your dream home unreachable? Don't despair! We investigate the possibility of low down payment options returning amidst high rates. Homeownership is a cornerstone of the American dream, and in recent years, financial institutions have been developing programs to make this dream more accessible to a broader range of people. Among these initiatives, zero-down mortgage options have emerged as a beacon of hope for those who may not have the substantial savings traditionally required for a down payment. Experts Predict High Mortgage Rates But Low Down Payments United Whol ..read more

The US housing market continues to evolve, with a growing presence of institutional investors in the single-family rental space. As foreclosure rates have declined, these large-scale investors have adopted new strategies to acquire properties. This trend is particularly noticeable in the Sunbelt region, where cities like Atlanta, Dallas, Charlotte, and Houston are experiencing a significant rise in investor-owned rentals. Is this good or bad for renters & homebuyers? Let's find out. Big Investors Set Their Sights on Sunbelt Rentals According to the U.S. Government Accountability Office (GA ..read more