By Douglas Katz I am back after an unintended week off, but some interesting things going on it the market now. I am also launching a new format, so I hope that you enjoy it. General Commentary Fed action this week resulted in another 0.25% to the Federal Funds Rate. This was much more muted …
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 – 12/15/2022 From Freddie Mac: Mortgage rates continued their downward trajectory this week, as softer inflation data and a modest shift in the Federal Reserve’s monetary policy reverberated through the economy. The good news for the housing market is that recent declines in rates have led to a stabilization in purchase demand. …
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 – 12/07/2022 If you have not heard, mortgage rates have been trending up lately. This is an important consideration, but it is only one aspect of the pricing for a loan. In addition to the base rate which is more or less determined by market and economic conditions, pricing will be impacted …
Cash Out Refinances To Be More Expensive in 2023 Read More »
By Douglas Katz – 12/01/2022 Conflict is part of the human condition. Be it due to limited resources, different view points or both, we humans like to fight and we seem to always be able to find new ways to do so. Whether in our relationships, work lives or our daily interaction with the world …
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 – 11/10/2022 From Freddie Mac: As the housing market adjusts to rapidly tightening monetary policy, mortgage rates again surpassed seven percent. The housing market is the most interest-rate sensitive segment of the economy, and the impact rates have on homebuyers continues to evolve. Home sales have declined significantly and, as we approach …
Mortgage Market Update – Average Mortgage Rates Above 7% With An End Of Week Improvement Read More »
