Loans101

Loans101 Providing insight into mortgage programs and real estate transactions. Explore today's home loans and learn how to get the lowest rates. Thats where we come in.
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For most American's, buying a home is the most important financial decisions they'll ever make. More often than not, mortgage applicants are expected to navigate the process of buying a home completely reliant on individuals they don't fully trust. We think applicant's deserve the ability to know enough to make their own decisions. If there's one constant in the home finance industry, it's that th

ings are ALWAYS changing. That's a trend that's not going anywhere. The 2008 mortgage meltdown (also known as the financial collapse, the global financial crisis, the great recession the subprime mortgage crisis, and the crash) overhauled in the mortgage industry in many ways. The dizzying rate at which mortgage rules have changed since is difficult to follow, even for finance professionals. The team of financial experts and insiders at Loans101 offer consumers unprecedented access to the valuable information they need to understand their own financial decisions. We give our users knowledge and offer them more control of their financial future. We arm them the tools they need to save time, money and headache. KNOWLEDGE IS POWER.

06/27/2023

May 2023 brought 4.30 million in sales, a median sales price of $396,100, and 3.0 months of inventory. http://spr.ly/6185OC22l

12/29/2022

I don't think many people realized how good they had it with 2 or 3 percent rates!

Red Lights Flashing on the housing market: 🚨🚨🚨Business Insider: "Buckle in for a brutal free-fall in home prices and US ...
10/23/2022

Red Lights Flashing on the housing market: 🚨🚨🚨

Business Insider: "Buckle in for a brutal free-fall in home prices and US housing is in a massive bubble, experts say. Here's how bad Jeremy Siegel, Paul Krugman and 5 others think it could get."

"There's going to be a coast-to-coast downturn in the housing market. It's going to be brutal. No part of the market is immune," a Moody's economist said.

Yikes 😲
10/23/2022

Yikes 😲

Economists expect home prices to slide sharply in 2023 as soaring mortgage rates chase away buyers.

Are you experiencing any of these housing market challenges in your area? Yahoo Finance
10/22/2022

Are you experiencing any of these housing market challenges in your area?

Yahoo Finance

The housing market is now the worst of all possible worlds: Affordability is terrible, but sagging demand hasn't yet brought prices down.

Redfin: Home Sales & Listings Plunge 20%
10/19/2022

Redfin: Home Sales & Listings Plunge 20%

Redfin reports about 60,000 deals were called off, equal to 17% of homes that went under contract—the highest share on record aside from March…...

10/14/2022

Food for thought. Pretty devastating!

Mortgage rates just hit a 20-year high. How's the housing market doing in your area?
10/14/2022

Mortgage rates just hit a 20-year high. How's the housing market doing in your area?

Mortgage rates have more than doubled this year as the Federal Reserve has moved to combat inflation.

10/12/2022
What rates are you getting?
09/15/2022

What rates are you getting?

Mortgage applications fell again this week, the Mortgage Bankers Association said, with homebuyers staying on the sidelines as interest rates rise.

Is America on the verge of a house price collapse? 😲"-Boise, Idaho; Charlotte, North Carolina and Austin, Texas were the...
08/29/2022

Is America on the verge of a house price collapse? 😲

"-Boise, Idaho; Charlotte, North Carolina and Austin, Texas were the three most overvalued areas in the United States, according to Moody's Analytics

-Moody's found that found that 183 of the nation's 413 largest regional housing markets are 'overvalued' by more than 25 percent

-If a recession hits, house prices in those 183 regions could plummet by as much as 20 percent, Moody's predicted

-If there is not a recession, they will still fall 10-15 percent, the analysts believe - echoing other experts

-The housing inventory is at its highest level since April 2009, as sellers struggle to get rid of their property because mortgages have become more expensive

-Mortgage rates have nearly doubled since January, rising to 5.13 percent for a 30-year loan as of last week, according to Freddie Mac"

Boise, Idaho; Charlotte, North Carolina and Austin, Texas are the three most overvalued places in the U.S. for property prices, according to Moody's. They expect prices to plummet.

08/20/2022

"We're witnessing a housing recession in terms of declining home sales and home building"

According to NAR, buying a home in America is now the LEAST affordable it's been in 33 years as average mortgage payment...
08/14/2022

According to NAR, buying a home in America is now the LEAST affordable it's been in 33 years as average mortgage payments rose to $1,944 in June compared to $1,297 in January due to higher rates and record home prices.

The National Association of Realtors found the US housing-affordability index - fell to 98.5 last June, the lowest recorded in 33 years as America contends with high mortgage rates and home prices.

🧐
07/21/2022

🧐

So True!

07/21/2022

CNBC's Diana Olick joins Squawk Box to report on mortgage demand, which has just hit a 22-year low as buyers worry about high interest rates and inflation.

07/20/2022

Existing-home sales peaked in January 2022 and sales have been dropping for five consecutive months.

07/20/2022

Mortgage demand hit the lowest level since 2000, according to the Mortgage Bankers Association’s seasonally adjusted index.

07/13/2022

What to watch in markets on Tuesday, July 12, 2022.

06/15/2022

Considering rates over the past few days, I'm gonna say this might be accurate. At least for the moment. Remember, you're all selling similar rates and people are still buying as we still have more demand than inventory. With that said, may the best man/woman win!

06/14/2022

🔺1️⃣

Not good.
06/10/2022

Not good.

Bonds Obliterated by CPI Reaction and Fed Fear If the bond market is forced to digest a surprisingly hot inflation report that goes a long way toward undoing much of the recent optimism surrounding a reversal in post-covid price pressures, we would always hope such things don't happen 3 days bef...

"Rents are up more than 30% in Austin, Seattle, and Cincinnati. In Los Angeles the median asking rent is $3,400. Even in...
06/10/2022

"Rents are up more than 30% in Austin, Seattle, and Cincinnati. In Los Angeles the median asking rent is $3,400. Even in formerly affordable cities such as Nashville it's now $2,140, up 32% from last year."

""Housing is getting less affordable for everyone at every level," says Daryl Fairweather, the chief economist for Redfin."

""Rents are going up just as fast as home prices are," says Fairweather."

"Mortgage applications to purchase a house are 21% lower than a year ago as rising interest rates continue to price more would-be homebuyers out of the market."

A new report shows the cost of renting a home or apartment is up 15% nationally to a new record high.

😆
06/08/2022

😆

Ha!

05/26/2022

Purchase mortgage rates averaged 5.1% Wednesday, continuing a downward trend, according to the Freddie Mac PMMS.

04/19/2022

Frank Garay and Brian Stevens - The National Real Estate Post show

04/07/2022

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