U.S. debt ceiling default would crush U.S. housing market, economist warns

The prospect of the U.S. government defaulting on its national debt has fueled panic and speculation about the implications of such an unprecedented move in the months ahead. With Democrats and Republicans locked in disagreement over raising the nation’s debt ceiling, some have pegged the dire default scenario to a so-called “X-date”” as early as […]

When is the best time to refinance

When is the right time to refinance your home?

Making the decision to refinance a home can sometimes feel overwhelming for homeowners. With so many variables and market forces outside their control, some homeowners may have difficulty figuring out when the best time is to refinance, and whether doing so is a wise move. Fortunately, there are ways to simplify this choice — and […]

Greg Englesbe Real Estate

A ‘collapse’ in U.S. home prices is on the horizon, economist says

Home affordability in the United States has become unattainable for large segments of the population in 2022 thanks to high mortgage rates, inflation, housing scarcity and prices that were driven up by the historically low home loan rates seen during the first two years of the COVID-19 pandemic. The housing market this year has been […]

Gregory Englesbe

U.S. mortgage rates top 7%, highest in 20 years, as home sales decline

The U.S. housing market has entered territory not seen since the turn of the century, with the 30-year mortgage rates pushing up to 7.16% this week. The last time it crossed that plane was 2001. For months, the Fed has been hiking interest rates in an effort to curb inflation, including the soaring home prices […]