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Correspondent, Broker, Liquidity Mgt., Marketing, AOT Products; Training and Webinars; Foreign Investment in U.S. Drops - Vimarsana News

Correspondent, Broker, Liquidity Mgt., Marketing, AOT Products; Training and Webinars; Foreign Investment in U.S. Drops

“My mother used to say that the way to a man’s heart is through his stomach. Wonderful woman, lousy surgeon.” There is some great food in various parts of the nation, and today I will head from Dallas, TX to Jackson, MS, for the Mississippi MBA annual conference. Dallas is certainly home to its share of real estate owned by people outside of the country. But it turns out that annual foreign investment in U.S. existing-home sales declined 9.6 percent to $53.3 billion over the past year and the number of existing homes bought by international buyers declined to 84.6k, the fe...

With rates at a 22-year high, the $3,000 monthly mortgage payment becomes the norm - Vimarsana News

With rates at a 22-year high, the $3,000 monthly mortgage payment becomes the norm

In the face of spiking interest rates and historically high home prices, $3,000 monthly mortgage payments are common in today’s housing market.

Source: yahoo.com
Here's why 7% mortgage rates are so much worse for buyers now than 20 years ago - Vimarsana News

Here's why 7% mortgage rates are so much worse for buyers now than 20 years ago

The average rate on the 30-year fixed mortgage was 7.18% last week after surging to 7.24% the week prior.

Source: yahoo.com
FHA loans are making comeback in Visalia, Tulare - Vimarsana News

FHA loans are making comeback in Visalia, Tulare

FHA loans are making a strong comeback here in the southern San Joaquin Valley, and you may only need a 3.5% down payment.

Source: yahoo.com
Home prices may be on the verge of cooling off - Vimarsana News

Home prices may be on the verge of cooling off

After rising steadily since January, home prices may now be turning lower again.

Source: aol.com