The data is in and it reveals that the U.S. housing market is caught in a trap of record-low inventory and high mortgage rates. What does this mean for future reverse mortgage borrowers?
Continue readingThe U.S. Housing Market is Caught in a Trap!
Why the Fed must address record-high home prices
Stalled home prices are making the Federal Reserve’s task of reducing inflation much more difficult. See the Chairman’s recent comments on the housing market and what actions the Fed may take…
Continue readingIf mortgage rates fall to 5% the mortgage market could get interesting
The housing market could shift in a big way if mortgage rates fall to 5%
Continue readingGasps in the Room
Gasps were heard in the room during one session at NRMLA’s Southern Meeting in Austin Texas when one especially abominable instance of appraisal bias was shared. Here’s the story…
Continue readingIncreased reverse mortgage appeal in a frozen housing market?
The appeal of reverse mortgages may increase in a frozen housing market. Here’s why…
Continue readingThe reverse markets where home prices are falling
What reverse mortgage markets are seeing the largest declines in median home list prices?
Continue readingWhat Boomers are looking for in senior housing
[The Mortgage Report ] The American Seniors Housing Association (ASHA) has released a report detailing the senior living priorities of the Baby Boomer generation.
Continue readingWhy Home Values are Stuck!
A looming recession, repeated interest rate hikes, and mortgage rates that have more than doubled. One would think such economic forces would lead to a housing crash…
Continue readingThe hidden cost of incomplete financial advice
There’s always a cost to be exacted for the financial advice older homeowners choose to follow…
Continue readingThe signs that housing prices will drop in your city
MarketWatch spoke with Doug Duncan, senior vice president and chief economist at Fannie Mae in a video interview…
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