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Should We Fear the Surge in Cash-Out Refinances? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Should We Fear the Surge in Cash-Out Refinances?

Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance, as defined by Investopia, is: “a mortgage refinancing option in which an old mortgage is replaced for…
Donna Stott
March 18, 2021
What Is the Strongest Tailwind to Today’s Recovering Economy? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

What Is the Strongest Tailwind to Today’s Recovering Economy?

Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March 11, 2020, from the…
Donna Stott
March 16, 2021
Is it a good time to sell my house? Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

Is it a good time to sell my house?

Last year, many homeowners thought twice about selling their houses due to the onset of the health crisis. This year, however, homeowners are beginning to regain their confidence when it comes to selling safely. The latest Home Purchase Sentiment Index (HPSI) by Fannie Mae shows that 57% of consumers believe now…
Donna Stott
March 4, 2021
“Just the Facts Ma’am” Home Prices: What Happened in 2020 and What Will Happen in 2021 Now In Real EstateProperty Management BlogTiny HomesUncategorizedUp-to-date Mortgage Info

“Just the Facts Ma’am” Home Prices: What Happened in 2020 and What Will Happen in 2021

The real estate market was on fire during the second half of 2020. Buyer demand was way up, and the supply of homes available for sale hit record lows. The price of anything is determined by the supply and demand ratio, so home prices skyrocketed…
Donna Stott
March 2, 2021