After more than two years of record home prices in the U.S., the Fed has wasted little time this year in hiking interest rates. The 30-year fixed rate mortgage, now at 5.11%, is up from just over 3% at the start of the year as policymakers look to corral an economy that has seen sharp […]
There is no adequate preparation for a family to confront the devastation that comes with a pediatric cancer diagnosis. To learn that a young loved one will need to undergo cancer treatment is a heartbreaking discovery, one that requires immense resources for everyone involved to summon up the courage to face the unknown. Supporting families […]
Just as the coronavirus pandemic helped support some of the economic conditions for a surging U.S. real estate market, new global events have the ability to significantly alter the outlook of the housing market. With the Fed beginning to raise U.S. interest rates more aggressively in response to inflation and Russia’s invasion of Ukraine, the […]
Rising home prices in the United States are giving buyers sticker shock virtually everywhere they look. Such is the reality of a real estate market that has continued to rocket to new heights at a dizzying pace over the last two years. If you really want a sense of how wild some of the price […]
The experience of home buyers during the red-hot real estate market of the COVID-19 pandemic has been a punch in the gut, to say the least. Many young first-time home buyers, Millennials who were given few options to choose from, now have misgivings about certain aspects of the properties they purchased under frantic circumstances. Zillow’s […]
U.S. home buyers who were hoping to see a friendlier market in 2022 have largely been told to curb their enthusiasm in advance of the busy spring real estate season. Worsening delays in new home construction appear to be compounding the issue further. “Production disruptions are so severe that many builders are waiting months to […]
The price inflation of the pandemic real estate market in the United States has not been distributed equally. Most major markets across the country have seen median home prices increase at varying levels, but some have been supercharged by home buying trends and unique market conditions. In some areas, the attractiveness of properties, combined with […]
Heading into to 2022, there was some optimism that the runaway housing market in the United States might come back down to Earth a bit after the unprecedented rise in home prices seen during the first two years of the coronavirus pandemic. It’s beginning to look like that assessment may have been a bit premature. […]
The start of 2022 comes with a fresh reminder that the coronavirus pandemic is still evolving with the emergence of the omicron variant. COVID-19 continues to be a disruptive force in public health and the economy. It came as a surprise to some that the pandemic, rather than send the U.S. housing market into a […]
When I established EMM Loans in 2004, I had a vision of building a personal and progressive residential mortgage lender that home buyers would rush to recommend. Our core mission was to put people first — ahead of any process — and be the lender that buyers deserve as they enter a pivotal chapter in […]
