Mortgages unchanged immediately after Fed hikes rates: Why?

As expected, the Fed raised the overnight cost of money by 0.25 percent to a band of 1.25 percent-1.50 percent. The immediate response in long-term bond and mortgage markets was down. Slightly, but down ...

from real estate news and flip houses http://bit.ly/2C1CPwG
Real Estate Investing News proudly brought to you by Real Estate Sales LLC. Your Real Estate Investing Expert Coach

Comentarii

Trimiteți un comentariu

Postări populare de pe acest blog

Average earner would struggle to buy home on their own in 68% of counties: study

Imagine
Attom Data Solutions released the results of its Q1 2018 U.S. Home Affordability Report, which showed that average wage earners ($57,009) could not afford a median priced home in 68 percent of U.S. counties (304 out of 446) ... from real estate news and flip houses http://bit.ly/2Gly3Rt Real Estate Investing News proudly brought to you by Real Estate Sales LLC. Your Real Estate Investing Expert Coach
Citiți mai multe

The Markets That Are Millennial-Ready: Report

The generation with the highest influence in the market is millennials—and, according to a new report, the cities most popular for them are in the Mid-Atlantic and Midwest. Analysts assessed data from LendingTree about millennial mortgage inquiries and offers in the past year, determining that Buffalo, Des Moines and Pittsburgh contained the most borrowers from Generation Y. In Buffalo, millennials made 40.5 percent of LendingTree purchase requests; in Des Moines, they made 42.4 percent of requests; and in Pittsburgh, they made 41.9 percent of requests. In addition to the top three, other cities with concentrations of millennials are (in order) Lansing, Mich., Fort Wayne, Ind., Grand Rapids, Mich., Scranton, Pa., Syracuse, N.Y., Youngstown, Ohio, and Minneapolis, Minn. “From a housing market perspective, tight inventory is boosting prices in many markets, and millennial homebuyers must now contend with rising mortgage interest rates reducing their buying power,” says Tendayi Kapfid...
Citiți mai multe

Two young real estate stars on going big and taking risks

Imagine
Leah Canfield and fellow 25-year-old, Hamptons-based agent Joseph Piccininni Jr. were recently announced as two of Coldwell Banker's "30 Under 30" agents. Their stories show that a bullish sense of confidence and willingness to go for the big deals before you're "ready" can propel you into real estate success faster than your peers; that taking risks now rather than later is the way to go (you have less to lose); and to stick to your roots ... from real estate news and flip houses http://bit.ly/2ucH5oH Real Estate Investing News proudly brought to you by Real Estate Sales LLC . Your Real Estate Investing Expert Coach
Citiți mai multe