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Oct 30, 20233 min read
Homeowners Locked Into Low Mortgage Rates Don't Want to Sell:
What Does This Mean for the Housing Market? Homeowners who locked in low mortgage rates during the pandemic are reluctant to sell, which...
Oct 30, 20233 min read
Homebuilder Sentiment Dims as Mortgage Rates Rise
Homebuilder sentiment went negative for the first time in seven months in September, thanks to higher mortgage rates. The National...
Oct 23, 20232 min read
5 Good Reasons to Use a Mortgage Broker When Taking a Mortgage
Buying a home is one of the biggest financial decisions you'll ever make. That's why it's important to get the best possible mortgage for...
Oct 20, 20233 min read
How an Economic Slowdown Could Cause a Collapse in Home Prices
The housing market is one of the most important sectors of the economy, and it is also one of the most sensitive to economic downturns....
Oct 18, 20232 min read
Miami-Dade Mayor, State Attorney Announce New Measures to Protect HOA Residents
Miami-Dade Mayor Daniella Levine Cava and State Attorney Katherine Fernandez Rundle have announced new measures to protect homeowners and...
Oct 18, 20233 min read
How to Avoid Foreclosure
Foreclosure is the process by which a lender takes possession of a property when the borrower defaults on their loan. This can be a...
Oct 16, 20233 min read
New Credit Process: What You Need to Know
The credit process is changing, thanks to new technologies and new regulations. In this article, we will take a look at the new credit...
Oct 16, 20234 min read
Bank of America Economists Warn of Potential Turbulence Ahead for 2024 Housing Market
Bank of America economists issued a report on Thursday cautioning against "potential turbulence ahead" for the 2024 national housing...
Oct 14, 20232 min read
Top 5 Reasons to Get a Reverse Mortgage
Reverse mortgages can be a great financial tool for seniors who want to stay in their homes and access the equity they have built up over...
Oct 14, 20232 min read
How to Get a Reverse Mortgage and the Pros and Cons
A reverse mortgage is a loan that allows homeowners 62 years of age or older to borrow against the equity in their homes without having...
Oct 14, 20233 min read
Should You Pay Off Your Mortgage Early?
Paying off your mortgage early is a decision with both financial and personal benefits. On the one hand, it can save you thousands of...
Oct 14, 20232 min read
Homeowners Gained $1 Trillion in Equity: What to Do and What Not to Do
Homeowners have gained over $1 trillion in equity in the past year, thanks to rising home prices. This is a significant increase, and it...
Oct 12, 20232 min read
CPI Data for October 2023 Released: Inflation Moderating Slightly
The Consumer Price Index (CPI) for all urban consumers (CPI-U) increased 0.4% in October 2023 and 7.7% over the year, the Bureau of Labor...
Oct 11, 20233 min read
Despite Challenges, Construction Industry Expected to See Moderate Growth in 2023
The construction industry in the United States saw mixed results in August 2023, with some sectors showing growth and others declining....
Oct 10, 20233 min read
FHFA Increases Loan Limits for Fannie Mae and Freddie Mac in 2024
The Federal Housing Finance Agency (FHFA) has announced that it will raise the loan limits for Fannie Mae and Freddie Mac in 2024. The...
Oct 9, 20234 min read
No Sign of Relief in Housing Even as the Federal Reserve Holds Rates Steady
The Federal Reserve has held rates steady in recent months, but there is still no sign of relief in the housing market. Home prices...
Oct 5, 20233 min read
6 Reasons Why Refinancing Your Mortgage to Pay Debts and Cash Out Is a Good Idea
Refinancing your mortgage to pay debts and cash out can be a good idea for a number of reasons. It can help you save money on interest,...
Oct 4, 20232 min read
Fannie Mae Chief Economist on Housing Market Outlook: A Cautious Optimism
Douglas Duncan, Fannie Mae's chief economist, is cautiously optimistic about the housing market outlook for the remainder of 2023 and...
Oct 3, 20232 min read
Credit Card Losses Set to Soar, Goldman Sachs Warns
Goldman Sachs is warning that credit card losses are set to soar through the end of 2024 or early 2025, as consumers struggle to keep up...
Oct 1, 20232 min read
JPMorgan CEO Jamie Dimon Warns World May Not Be Prepared for Fed at 7%
https://www.klickmortgage.com/apply-nowJPMorgan Chase & Co. CEO Jamie Dimon warned on Monday that the world may not be prepared for the...
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