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'Mortgage' Topics

TitleAuthorPostsLast Post
Mortgage rates near 8% as demand drops to lowest level in almost 3 decades DanSmigrod 2 5 monthsWingman (4158): Rates in Australia have been put on hold for the last two meetings of Reserve Bank of Australia. Before that they were raising rates every meeting. The last increase was to 4.10% while lenders ask for mortgages anywhere from 5 to almost 7% We have only 20% mortgage from our current property price. Our property price has grown in price almost 80% in the last 7 years. The mortgage payments has grown by 50% in the last 18 months or so. We are...
Mortgage Rates Soar To Highest Level Since 2000 | 28 Sept. 2023 DanSmigrod 1 5 monthsDanSmigrod (29581): Forbes.com (28 September 2023) Mortgage Rates Soar To Highest Level Since 2000, Survey Finds FreddieMac (28 September 2023) Mortgage Rates Reach Highest Level in Almost 23 Years Hi All, How are high interest rates affecting you? Dan
How to Get a Mortgage Loan in Three Days with Matterport Spatial Data DanSmigrod 10 2 yearsDanSmigrod (29581): Hi All, Looks like my prediction on February 3, 2017 - 5+ years ago (see 1st post above) - has come true: ✓ The New York Times (21 March 2022) Remote Appraisals of Homes Could Reduce Racial Bias | Desktop appraisals, in which an appraiser never meets a homeowner, could reduce discriminatory practices, such as undervaluing homes owned by Black people. The majority of appraisals on home purchases in the United States can now be ...
Barrons: Housing Market Looks Like a Bubble. It’s Time for the Fed to Worry DanSmigrod 1 3 yearsDanSmigrod (29581): Barrons (28 April 2021) The Housing Market Looks Like a Bubble. It’s Time for the Fed to Worry. Strong housing and mortgage activity argues against the Fed effectively subsidizing a sector that is near bubble territory. According to the Home Price Appreciation Index from the American Enterprise Institute, prices are up 12.6% in the 12 months through March, a doubling of the pace from a year ago. Among various markets, Phoenix was...
Mortgage Rates Hit Another All-Time Low DanSmigrod 1 3 yearsDanSmigrod (29581): Media Release --- Mortgage Rates Hit Another All-Time Low MCLEAN, Va., Sept. 10, 2020 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.86 percent, the lowest rate in our survey’s history which dates back to 1971. “ Mortgage rates have hit another record low due to a late summer...
Matterport Ecosystem: My Post a Year a Go DanSmigrod 1 6 yearsDanSmigrod (29581): Hi All, When I wrote this post a year ago, I incorrectly assumed that Matterport would compensate us for the use of "our" data. ✓ Matterport: Getting a Mortgage Loan in 3 Day Even if you disagree with how I described the Mortgage process could work, the point that this is an example of the power of the data that we capture with the Matterport Camera. I have reprinted the entire post below: Dan -- Matterport...