By Douglas Katz – 06/13/2022 The Federal Reserve meets on 6/15 and it is widely expected that they will raise rates. Jerome Powell has consistently been communicating more aggressive actions meant to stem inflation, which is at a decades high 8.6%. Based on this, it would not be crazy for the Fed to bump rates …
Big Week Ahead – Expect Fed to Raise Rates and Prepare for Higher Mortgage Rates Read More »
Per Freddie Mac: After little movement the last few weeks, mortgage rates rose again on the back of increased economic activity and incoming inflation data. The housing market is incredibly rate-sensitive, so as mortgage rates increase suddenly, demand again is pulling back. The material decline in purchase activity, combined with the rising supply of homes …
Weekly Mortgage Rate Update – Mortgage Rates Increase Read More »
By Douglas Katz – 06/09/2022 The National Association of Realtors reported recently that the rise in home prices and higher mortgage rates adversely impacted housing affordability by 29% over the last year. This is the worst point in housing affordability in decades. While generally this impacted present homeowners save a likely bump in their real estate …
The Housing Affordability Crisis and Why It Matters in Divorce Read More »
By Douglas Katz – 06/07/2022 When deciding on what to do with the marital home in a divorce, it is interesting how rarely divorcing couples engage the assistance of a housing expert. In everything else that we do, we typically engage the services of somebody who not only has the credentials to assist, i.e., trained …
5 Reasons To Use a Mortgage/Real Estate Trained Mediator. Read More »
By Douglas Katz – 06/06/2022 So, as I was perusing the headlines in my news feed today, this one from Fortune jumped out front and center. “Keep an eye on these ‘overvalued’ housing markets as the housing boom implodes.” Beyond the drama created by some of the word choices, it is relevant to homeowners as …
By Douglas Katz – 06/03/2022 You have likely heard it numerous times. Your home is your biggest asset. It is a huge component of your wealth and debt. It is the centerpiece of your life. When you buy it, you carefully pick your realtor and spend hours searching out and looking at options when you …
