Stephen Rinaldi
Buyers need to understand the mistake in "waiting for rates to drop"
The reason why this industry brings some of the best and brightest is that is so dynamic, no changes in the market are in a vacuum. Clients that are expecting rates to slip, a sentiment that I agree with, are missing...
Eric Duke
What is the likely hood interest rates will drop again this fall?
What are your thoughts on whether the interest rates will go down again? Thank you
Blaise Doremus
Buy now while interest rates are low, or wait until prices drop?
If I were to invest in residential real estate in a hot market down south (Austin, Tampa, Nashville...), do you think it would be best to do it now while interest rates are low and people are in the midst of flocking ...
AJ Wong
Mortgage rates drop and buyers shop, but what about listings and inventory?
Well, mortgage have in fact fallen below 6% for well qualified primary home buyers. The effect on buyer activity (at least in our neck of the woods/waves) has been near instantaneous. Several investor clients that hav...
Tyler Davis
What an upcoming drop in rates will do for investors in 2024
A general idea of what agents/investors think will happen to the overall Nashville market for investors looking for flips at the start of the new year.Has been quite a year with many investors holding back until rates...
AJ Wong
Jumbo Mortgage Rates set to drop as inflation data boosts market confidence
On Thursday we received encouraging inflation data making rate cuts almost certain by September or November.
For mortgage originators, real estate professionals and investors, the 4.65%-4.45% drop in the 2-Year Trea...
AJ Wong
I'd rather be refinancing than buying when mortgage interest rates finally drop.
I might be eating these words later, but as far as I can tell, at least here on the Oregon Coast and beyond the market crash everyone is waiting has not materialized.
The pandemic fueled low interest rate boom deman...
David C.
Multifamily prices drop by 20% when interest rates go up by 1%
It’s generally thought that if interest rates go up, investors will demand a higher Cap Rate.
Assuming that’s true, if Cap Rates go from 4% to 5%, the math says price would have to go down by 20%.
Somehow I don’t se...
Kenny Smith
Current National Average Mortgage Rates
30 Yr Fixed - 7.07%15 Yr Fixed - 6.50%30 Yr Jumbo - 6.05%30 Yr FHA - 6.62%5/1 ARM - 6.79%Also, Fannie Mae just released their "2023 Rate Projections", and they say rates could go down as low as 4.5% next year (https:/...
Gabriel Martinez
Thoughts on Mortgage insurance
Hi All,
Ive recently bough my first home in the state of florida. I purchased the property with an FHA loan at 5.25% rate but plan to refinance once rates drop (if they ever drop lol). I keep receiving mails from in...