Could Portable Mortgages Let You Keep Your 3% Rate Forever?
Keep Your 3% Rate Forever? “Portable” Mortgages Could Be Coming In the ever-evolving landscape of the real estate market, homeowners are often at the mercy of fluctuating interest rates, which influence the affordability of buying, selling, and refinancing homes. As rates can ebb and flow dramatically over the years, one innovative solution is gaining attention: […]
Trump Proposes 50-Year Mortgages: Enhancing Cash Flow or Masking Affordability?
Trump Floats 50-Year Mortgages: Cash Flow Boost or Affordability Illusion? In the ever-evolving landscape of American real estate, the idea of a 50-year mortgage is once again being floated, this time by former President Donald Trump. Known for his bold and often unorthodox proposals, Trump suggests extending the traditional mortgage term from the common 30 […]
Why 50-Year Mortgages Could Be a Smart Move for Investors
Title: Could 50-Year Mortgages Actually Make Sense for Investors? The landscape of real estate financing is constantly evolving, and a significant part of that evolution involves the mortgage products offered to homebuyers and investors. Traditionally, 30-year fixed-rate mortgages have been the staple in residential real estate, with 15-year mortgages appealing to those who seek to […]
Boost Your Business Growth with Short-Term Rental Mortgages
Boost Your Business Growth with Short-Term Rental Mortgages In today’s dynamic real estate market, property investors are constantly seeking innovative strategies to maximize profitability. One emerging trend is the utilization of short-term rental mortgages, a financial tool that allows investors to tap into the lucrative short-term rental market. As platforms like Airbnb and Vrbo continue […]
ATTOM Reports Home Vacancy Rate Remains Unchanged
ATTOM Data’s Q2 2025 Vacant Property and Zombie Foreclosure Report According to ATTOM Data’s Q2 2025 Vacant Property and Zombie Foreclosure Report, there were nearly 1.4 million residential properties (1,382,480) in the U.S. sitting vacant in Q2, 2025. That figure represents 1.3% of all homes across the nation – roughly the same as Q1. ATTOM […]
Americans Are Late on Their Mortgages
Mortgage delinquencies are up…or are they? One chart that’s been circulating on social media would have you believe that a growing number of homeowners are on the brink of foreclosure, driving us toward another 2008-style collapse. Is the panic justified or unfounded? We’ll dig into the data in today’s episode! A Freddie Mac chart has […]
Demand for mortgages for second homes has dropped to its lowest level in eight years.
The Decline in Mortgage Demand for Second Homes We recently posted about how there are around 6.5 million second homes in America. With that in mind, a recent report form Redfin says mortgage demand for second homes has fallen to an 8-year low. Specifically, they say mortgage-rate locks for second homes fell 13.1% year over […]
August 2024 Mortgage Market Update
According to the most recent ICE Mortgage Monitor (formerly Black Knight), mortgage delinquencies saw a significant spike in June, increasing by 14.5% (+45 basis points) to 3.49%, the second highest level in 18 months. However, the number of loans in active foreclosure reached the lowest point since the end of COVID-era moratoria. The ICE Mortgage […]
Foreclosure Activity Up in May
[ad_1] According to ATTOM Data’s May 2024 U.S. Foreclosure Market Report, there were 32,621 U.S. properties with foreclosure filings in May. This is a 3% increase from the previous month but a 7% decrease from the previous year. The data shows that one in every 4,320 housing units nationally had a foreclosure filing in May. […]
ICE Mortgage Monitor – June 2024
According to the latest ICE Mortgage Monitor (formerly Black Knight), the national delinquency rate eased to 3.09% in April, a 22 basis point improvement over last year. In addition, they report that delinquencies fell to their lowest level since the record low of March 2023. The ICE Mortgage Monitor provides a view of the current […]