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Would Student Loan Forgiveness Impact the Housing Market?

USA Real Estate News-RISMedia - 7 hours 50 min ago

One in eight people across the country has student loan debt, including nearly one in two millennials. There are more student loan holders in America than there are people in Canada. These loans provide millions of Americans access to higher education, whether at community colleges or four-year universities. But after caps are tossed and diplomas…

The post Would Student Loan Forgiveness Impact the Housing Market? appeared first on RISMedia.

The Mortgage Mix: Big Lenders Buckling and a Market Hitting Milestones

USA Real Estate News-RISMedia - 7 hours 51 min ago

Editor’s Note: The Mortgage Mix is RISMedia’s weekly highlight reel of need-to-know mortgage-industry happenings. Watch for it each Friday afternoon. All aboard the mortgage roller-coaster! Rates snapped back again this week after briefly falling below 5%, jumping almost 25 basis points in the last seven days. Freddie chief economist Sam Khater suggested that the market…

The post The Mortgage Mix: Big Lenders Buckling and a Market Hitting Milestones appeared first on RISMedia.

Opportunity Zones Keep Pace with Nationwide Home-Price Growth in Second Quarter

USA Real Estate News-RISMedia - 7 hours 52 min ago

Homes in Opportunity Zones across the country experienced price gains in the second quarter of 2022 that largely kept pace with growth in the broader housing market, according to newly released data from ATTOM, a data curator which analyzed 5,198 different zones. Opportunity Zones are defined as census tracts in or alongside low-income neighborhoods that…

The post Opportunity Zones Keep Pace with Nationwide Home-Price Growth in Second Quarter appeared first on RISMedia.

Pros and Cons of an Adjustable-Rate Mortgage

USA Real Estate News-RISMedia - 7 hours 53 min ago

An adjustable-rate mortgage (ARM) can look attractive with low introductory rates and more flexibility. But is an ARM the right choice for you? If you get move around the country for work frequently, a variable-rate mortgage might be the perfect fit. We will look at the pros and cons of this type of mortgage and…

The post Pros and Cons of an Adjustable-Rate Mortgage appeared first on RISMedia.

WATCH: A Realty TV duo dish on doing real estate while famous

USA Real Estate News-Inman - 9 hours 40 min ago
Lisa Simonsen and Kelly Bensimon, who both star on different Reality TV shows, took to the Inman Connect Las Vegas stage to talk about the intersection of entertainment and real estate.

Breaking down the Zillow-Opendoor partnership: An ex-Zillow guy’s take

USA Real Estate News-Inman - 9 hours 44 min ago
It's the matchup of two erstwhile rivals and bitter foes to many in the real estate industry. Zillow veteran Jay Thompson offers insights into the partnership that has tongues wagging and agents shaking their heads.

Zillow Home Loans continues its unprofitable run: Mike DelPrete

USA Real Estate News-Inman - 9 hours 46 min ago
The mortgage industry is getting hammered this year, with declining leads, loan volumes, and revenue. Expert Mike DelPrete says Zillow faces the same reality, as the latest reports on their mortgage offering show that it continues to be unprofitable
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