More often than not the hardest part of doing something is the first step. Anxiety and concern about the the unknown as well as not even knowing what to ask can work against taking that difficult step, but so often the step is actually through a threshold on understanding and knowledge that can alleviate concerns …
The Divorce Housing Pro – More Equipped to Help You With Our New Online Form Read More »
REPRINTED FROM THE DIVORCE LENDING ASSOCIATION Undeniably, one of the most valuable reports that a CDLP® can provide the divorce team with is the CDLP® Divorce Mortgage Planning and Real Property Detail Report (DMPR). This report provides the divorce team with details about the real property, including ownership status, deed type, property tax, valuation, ATROS, …
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By Douglas Katz – 1/20/23 Per Freddie Mac: As inflation continues to moderate, mortgage rates declined again this week. Rates are at their lowest level since September of last year, boosting both homebuyer demand and homebuilder sentiment. Declining rates are providing a much-needed boost to the housing market, but the supply of homes remains a …
By Douglas Katz – 01/19/2023 There are many types of divorce. From different levels of legal representation to different degrees of animosity, divorce is varied and unique to each couple. What does not differ is the requirement to deal with the physical, tangible things that need to de dispositioned and/or divided. Maybe it is just …
Divorce and Your Home – Avoiding the “I Didn’t Know.” Read More »
By Douglas Katz – 01/13/23 From Freddie Mac: While mortgage rates have resumed their decline, the market remains hypersensitive to rate movements, with purchase demand experiencing large swings relative to small changes in rates. Over the last few weeks latent demand has been on display with buyers jumping in and out of the market as …
Mortgage Market Update – Rates Trending Downward but NO Guarantees for Future Moves Read More »
By Douglas Katz – 01/05/2023 Well, we are officially in the new year and the mortgage industry is expected to see some changes that can impact potential deals. Because divorcing borrowers already have complex situations, couples facing a split should pay special attention to the changes both good and bad. Here are some highlights that …
Upcoming Mortgage Changes and Considerations for 2023 Read More »
By Douglas Katz – 12/9/2022 From Freddie Mac: Mortgage rates decreased for the fourth consecutive week, due to increasing concerns over lackluster economic growth. Over the last four weeks, mortgage rates have declined three quarters of a point, the largest decline since 2008. While the decline in rates has been large, homebuyer sentiment remains low …
Mortgage Market Update – Downward Mortgage Rate Trend Continues Read More »
By Douglas Katz – 11/18/2022 Per Freddie Mac: Mortgage rates tumbled this week due to incoming data that suggests inflation may have peaked. While the decline in mortgage rates is welcome news, there is still a long road ahead for the housing market. Inflation remains elevated, the Federal Reserve is likely to keep interest rates …
Mortgage Market Update – Rates Dip on Optimism About Inflation Read More »
By Douglas Katz – 11/04/2022 From Freddie Mac Mortgage rates continue to hover around seven percent, as the dynamics of a once-hot housing market have faded considerably. Unsure buyers navigating an unpredictable landscape keeps demand declining while other potential buyers remain sidelined from an affordability standpoint. Yesterday’s interest rate hike by the Federal Reserve will …
Mortgage Market Update – Rates Tick Down But Housing Unaffected Read More »
By Douglas Katz From Freddie Mac: Mortgage rates decreased slightly this week due to ongoing economic uncertainty. However, rates remain quite high compared to just one year ago, meaning housing continues to be more expensive for potential homebuyers. Commentary This really amounts to very little impact for buyers. When the industry talks about increases and …
