With mortgage rates fluctuating in an enticingly low range over the past year, it’s natural for many aspiring buyers to consider jumping at the opportunity while it’s there. A 3.6% interest rate on a 30-year fixed rate mortgage carries a lot of appeal, but it shouldn’t cloud a buyer’s judgment when reviewing the fundamental reasons […]
Low mortgage rates in the United States are finally beginning to drive price increases in the housing market. It’s a trend some analysts believe is going to pick up steam over the next year. For months, the low 30-year fixed mortgage rate (now hovering between 3.5% and 3.6%) has been encouraging a boom in refinance […]
As 30-year fixed mortgage rates continue to plummet in the United States, many existing homeowners are taking advantage of the trend by joining the wave of refinancing. Even with larger economic forces raising concerns about the U.S. economy, the housing market continues to broadly offer investment and savings opportunities that haven’t been around since November […]
Americans have cast aside their painful memories of the 2008 real estate housing market crisis and regained their faith in real estate investing, according to a national survey from Bankrate. Traditionally, real estate has been viewed as a safe and reliable long-term investment. It not only provides the benefit of a roof, but it also […]
The surge in mortgage refinancing applications in 2019, led by prolonged falling interest rates in the United States, has work piling up for the mortgage brokers who are processing them. Compared to a year ago this past week, refinancing applications were up an incredible 116%, according to the Mortgage Bankers Association. With the 30-year fixed […]
The aftermath of a natural disaster is one of the most tragic scenes of loss and devastation one can imagine. It is also an opportunity for real estate investors who have learned how to profit from destruction. A report from the Wall Street Journal details the rise of a class of investors who are specifically […]
A welcoming housing market could be in the forecast for a while after Freddie Mac’s July report indicated that low mortgage rates will likely hang around for a while. With 30-year fixed mortgage rates hanging around or below 4% for much of 2019, the economy has seen an uptick in mortgage applications for purchase and […]
One of the most common investments made to improve the value of a home, both for sellers and buyers, is remodeling. The industry has thrived in times of economic growth and a solid housing market nationally, but it’s not all created equal. A new report from Harvard University’s Joint Center for Housing Studies projects that […]
Natural disasters have always been a practical concern for real estate investors. Putting together a portfolio that combines safety and high performance is often the goal, and sometimes the most attractive locations happen to be in a danger zone. For decades now, the question of climate change has been a subject of debate in the […]
- Low mortgage rates aren’t the most important factor for potential buyers to weigh
- Analysis shows cities at most, least risk of housing crash in next recession
- Home prices are rising again as mortgage rates remain low
- Low mortgages won’t help first-time homebuyers if the inventory isn’t there
- Real estate replaces stocks as America’s favorite long-term investment
Gregory Englesbe is an Investment Banker and business leader living in Cherry Hill, New Jersey.
An experienced mortgage professional, Greg has secured more than $500 billion in sales throughout his 30 years in the residential mortgage business.