COVID Delta Variant Sinks Mortgages Interest Rates

COVID Delta Variant Sinks Mortgages Interest Rates

Mortgage rates continue to decline to their lowest levels due to concerns with the COVID-19 Delta variant, according to Housing Wire and Freddie Mac. Economists were predicting an upward trend for this year, but that hasn’t been the case at least this summer....
Rental Rates Are Climbing at Unprecedented Pace

Rental Rates Are Climbing at Unprecedented Pace

According to National Mortgage News, rent increases are climbing at unprecedented rates. In fact, in 2021 alone, the rate of increase is at 9.2%, well above the rate of wage increases. In addition, surveys made by Fannie Mae suggest that renters are expecting rents to...
Higher Home Prices Aren’t Stopping Cash Buyers

Higher Home Prices Aren’t Stopping Cash Buyers

Existing home sales are down for the 2nd quarter of 2021 mostly due to lack of inventory and soaring prices. Even with rising prices, we’re seeing a rise in vacation and 2nd home purchases…for cash. See the full article in DS News here: Home Sales Approach...