Borrowers Opting for ARMs Are Wealthier Than Before
Adjustable-rate mortgages (ARMs), an attractive option for borrowers on account of their low initial interest rates, are becoming more popular as home prices continue to rise. The share of applications for ARMs increased to 12.6% in June, marking the first time that...
Fed Makes Another ‘Unusually Large Increase’ in Interest Rates
There was a time last year when the term “transitory” was commonly used when federal officials discussed elevated inflation. That has proven somewhat of a misnomer in recent months as inflation has climbed, and officials have raced to reel things back in...
Brokers Signal Clear Recession Concerns as Q3 Gets Underway
What were merely whispers about a possible recession just weeks ago have started to become louder and, in some instances, full-throated concerns. It’s no wonder when zooming out to look at the big picture state of global economics, which trickles down to the U.S....
‘We’re Still Going Up.’ Despite New Skepticism in Real Estate, There’s Reason for Optimism
Market reports are an essential tool for real estate professionals, but experience also matters. In Paul Wells’ case, he boasts over 35 years of experience in real estate and has seen plenty of ups and downs throughout his career. The broker/owner of RE/MAX of...
Strategies to Boost Your Content’s Visibility
What’s the point of having a social media game plan if your content isn’t getting in front of the right people? Here are a few ways to improve your brand’s visibility and reach on social media.
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