Greg Englesbe Mortgage News

U.S. housing market faces ‘shock’ from end of mortgage forbearance — but no bubble, experts say

Pandemic policies have undoubtedly shaped the way the U.S. housing market has functioned throughout the health crisis, which has had countless ripple effects across different industries and walks of life. In the housing market, the most obvious headlines of the pandemic have been the soaring sale prices, bitter competition, vacation home boom and limited inventory […]

Home Market

How will the Fed’s rate cut impact the U.S. housing market amid the coronavirus outbreak?

The unprecedented scope of the global coronavirus pandemic, hammering markets worldwide, has left U.S. policymakers with little choice but to take extreme precautionary measures. The Federal Reserve announced Sunday it would slash interest rates to zero, the Washington Post reported. This is the central bank’s most aggressive action since the 2008 financial crisis. There will […]

Unconventional mortgages are returning, but is it a problem?

During the 2008 economic recession and afterwards, “subprime” became a buzzword in general discussions about what led to the housing market crash. That was for good reason. In 2004-2006, the years leading up to the crash saw as many as 20% percent of mortgages national were subprime. Most of them were adjustable rate mortgages from […]

Starter Home

Low mortgages won’t help first-time homebuyers if the inventory isn’t there

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 […]