Even if rates doubled prices would keep rising says FirstAM

Potential homebuyers who are hoping rising mortgage rates may slow the fast-rise of home prices may be disappointed.That’s according to the latest analysis from First American Financial which says that even in the unlikely event that rates for a 30-year FRM doubled to near 9%, there would still be a sizeable increase in prices.

Source: Even if rates doubled prices would keep rising says FirstAM

Even if rates doubled prices would keep rising says FirstAM

Potential homebuyers who are hoping rising mortgage rates may slow the fast-rise of home prices may be disappointed.That’s according to the latest analysis from First American Financial which says that even in the unlikely event that rates for a 30-year FRM doubled to near 9%, there would still be a sizeable increase in prices.

Source: Even if rates doubled prices would keep rising says FirstAM

How long does it take homebuyers to recover from bankruptcy?

Potential homebuyers who have been declared bankrupt may believe that they cannot apply for a mortgage or other loan for many years afterwards, but a new survey suggests otherwise.With many people still recovering from the effects of the housing market crash and recession, LendingTree looked at the impact of bankruptcy.

Source: How long does it take homebuyers to recover from bankruptcy?

Potential homebuyers who have been declared bankrupt may believe that they cannot apply for a mortgage or other loan for many years afterwards, but a new survey suggests otherwise.With many people still recovering from the effects of the housing market crash and recession, LendingTree looked at the impact of bankruptcy.

Source: How long does it take homebuyers to recover from bankruptcy?

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Experts still split on which city could deliver HQ2 for Amazon

Sometime this year we expect Amazon to make its decision on which city will be home to its second North American headquarters, known as HQ2. The choice will deliver significant benefits for whichever of the 20 shortlisted cities is successful.  They can expect high demand for homes and a big boost for the labor market.

Source: Experts still split on which city could deliver HQ2 for Amazon

This could cause a 30% drop in originations says Freddie

Rising mortgage rates are the focus of the latest Insights report from Freddie Mac and considers the likely impact on the market. Based on historical data, the report says that a 1.5% spike in mortgage rates would result in a 30% drop in originations as home sales and starts tumble 5-11%.

Source: This could cause a 30% drop in originations says Freddie