Unable to use the embedded player? Listen here.
EPISODE #786
If mortgage rates fall to 5% the housing market could get interesting
The housing market is essentially frozen with millions of would-be home sellers sitting tight not wanting to sell and buy a new home only to get stuck with a 7-percent or higher mortgage rate. Reverse mortgage professionals while not directly impacted by home sales are closely watching their local housing market for any signs of a shift. That shift could be triggered by one event according to a recent column in Housing Wire…
Other Stories:
- [News Channel 8] Credit Denied: Dave Bancroft shares his experience and why more Americans’ loan applications are being denied
- [RMD] HECM endorsements grow while the secondary market is challenged…
1 Comment
Thanks for the info. Steve