For the FIFTH consecutive month, Corelogic downgraded their 12 month housing market prediction mainly due to skyrocketing mortgage rates which is hampering housing affordability. In today’s housing market forecast summary, I share all the details. Comment below with your real estate market prediction. ➜➜➜ Get Connected To a GREAT Real Estate Agent: Jason To give
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Mortgage demand dropped again last week as rates climbed higher, but one type of loan is attracting borrowers. Adjustable-rate mortgages, or ARMs, which offer lower rates, are seeing renewed demand after getting very little interest over the last decade. Total mortgage application volume dropped 2% last week compared with the previous week, according to the
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