top of page
Mortgage Mike
BLOG
Search


May 24, 2022


Outlook Sees Home Price Growth Slowing
Affordability is a hot topic these days. After two years of rapid home price growth and the recent spike in mortgage rates, prospective...
May 23, 2022


Homes For Sale Still Selling Quickly
Homes for sale continue to sell quickly, according to new numbers from the National Association of Realtors. Data from April shows 88...
May 20, 2022


Mortgage Credit Tightens For Gov't Loans
The standards lenders use to determine whether or not a borrower is approved for a loan aren't fixed. That means there are times when...
May 18, 2022


Affordability Improves Due To Income Gains
Whether or not buying a home is considered affordable depends on a number of factors. Home prices, mortgage rates, and income all play a...
May 16, 2022


Share Of Equity Rich Homes Continues To Climb
One of the primary benefits of owning a home is equity. Put simply, equity is the difference between what you owe on your mortgage and...
May 13, 2022


Are Active Listings Ready To Rebound?
The lack of available homes for sale has been an issue for years now. It's pushed prices higher and led to a fast-moving market, where...
May 12, 2022


How Have Higher Rates Affected Monthly Payments?
Mortgage rates have been moving higher in recent months. Which means, if you're currently shopping for a home, your prospective monthly...
May 9, 2022


Spring Offers Best Months To Sell A Home
If you have a home to sell and have been wondering about the best time to list it, ATTOM Data Solutions has your answer. Each year, they...
May 6, 2022


Typical Home Sale Generates More Than $100,000
A housing market with too few homes for sale can be frustrating for home buyers. For home sellers, though, it's an opportunity. Evidence...
May 5, 2022


May 4, 2022


How Quickly Are You Willing To Make An Offer?
There is an expectation that this year's market won't be quite as competitive as last year's. In 2021, homes sold quickly, bidding wars...
May 2, 2022


Pending Sales Report Signals Calmer Market
There are two ways of looking at today's housing market. On the one hand, buying conditions have gotten more challenging, as prices and...
Apr 29, 2022


Are Home Price Increases About To Slow Down?
Home prices have spiked over the past year. The most recent S&P Case-Shiller Home Price indices, for example, shows, in the 12 months...
Apr 28, 2022


Apr 27, 2022


Rising Number Of Buyers Look To Move Metros
The number of home buyers looking to move to a new area continues to climb, according to a recently released report. The trend began when...
Apr 26, 2022


Inventory Improves As Home Sales Slow
New numbers from the National Association of Realtors show sales of previously owned homes fell 2.7 percent in March, pushing sales 4.5...
Apr 22, 2022


Will The “Lock-In” Effect Slow Home Sellers?
Sometimes you have to move. Maybe you need a bigger house to accommodate a growing family. Maybe you need to move for a job. Whatever the...
Apr 20, 2022


What Should Buyers Expect To Pay In Property Tax?
Home buyers typically know their price range and approximate mortgage rate. After all, without knowing those two things, it'd be much...
Apr 18, 2022


Home Sellers Plan To List In Next Six Months
There's a frustratingly low number of homes for sale these days. Low inventory has been pushing prices higher and making it harder for...
Apr 15, 2022
bottom of page
