Sun.Mar 19, 2023

article thumbnail

Housing Market Tracker: Banking crisis is a new variable

Housing Wire

The housing market was crazy again last week. Mortgage rates fell as the banking crisis got worse and purchase application data grew for the second week in a row, but the big question is: Did we hit the seasonal bottom in housing inventory? Here’s a quick rundown of the last week: The 10-year yield had a roller-coaster week, and so did mortgage rates, but the 10-year yield held its critical line, and mortgage rates ended at 6.55%.

article thumbnail

Housing gaps remain in Asian communities

Real Estate News

A new report from AREAA says Asian homeownership rates trail those of non-Hispanic whites and are comparable to equal-earning Black and Hispanic communities.

198
198
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Everything You Should Know About a Home Appraisal

Appraisal Hub

A home appraisal in Toronto is necessary when applying for a mortgage, refinancing, or selling your house. This appraisal will give you critical information to help you make informed choices and understand the true value of the asset. By providing precise and impartial evaluations, residential appraisals in Toronto also safeguard the interests of all parties involved.

article thumbnail

Entering a “New Era” of Higher Prices, Interest Rates, and Employment

BiggerPockets

Unemployment was supposed to be much higher by now. With the Federal Reserve increasing its rate hikes over 2022 and into 2023, the labor market should have cracked already.

article thumbnail

Divorcing? What You Need to Know About Property Division After Divorce

Appraisal Hub

Divorce can be a difficult process because it involves a lot of negotiations, especially when it comes to dividing assets. Here in Canada, different provinces have different laws when it comes to the division of marital or family properties. If you’re going through a divorce, consider asking a local appraisal company for assistance to eliminate the guesswork.

Legal 78
article thumbnail

Ask the Money Experts: Backdoor Roths, Bad Debt, & When to Fire Your Financial Advisor

BiggerPockets

Starting a business. If you’re just beginning your personal finance journey, this can all seem a bit complicated. Where do you invest first? What should you do with extra cash?

Finance 53
article thumbnail

Top 5 Recession-Proof Housing Markets In 2023

BiggerPockets

This article is presented by Rent To Retirement. Read our editorial guidelines for more information.