Fears of rising mortgage rates have softened slightly in recent months, but high mortgage rates and home prices are still keeping many homeowners from moving, according to a study from. Point. , the leading home equity investment platform.…
Homeowners felt mortgage rates were likely to stay high for the near future. 3. Homeowners wanted to make renovations to their homes and were going to pay in cash for them.…
The Sub 6% Mortgage Rate Fantasy. With mortgage rates impacting many who hope to move, homeowners may be waiting longer than they’d like.…
Set against a backdrop of a potential recession, mortgage rates at 20-year highs, and news cycles dominated by layoffs, we found homeowners are pessimistic about their ability to move when they want and about the future of mortgage rates.…
•. 4 min read. 22% of homeowners feels “stuck” because of high mortgage rates. Only 1 in 10 of homeowners who want to move in 2023 think they will, according to the Point Homeowner Sentiment & Moving Survey. Point Editorial Team. •. 4 min read.…
- While there is no clear consensus about what will happen to mortgage rates and home sales in 2023, the real estate experts from organizations like the Mortgage Bankers Association, Zillow, Taylor Morrison, and others surveyed in Point’s 2023 Real Estate…
However, the current economic climate has made these options less accessible and attractive as rates have increased, and lending standards have tightened.…
Locked in by inflated mortgage rates, high home prices, and more, homeowners are pessimistic about future home buying. Amanda Woolley. •. 2 min read. September 4, 2024. Blog. Point News. You might also like: Get up to $500k from your home equity.…
When mortgage rates dipped below 3% years ago, cash-out refinances were common avenues for homeowners to access their equity.…
Share on social: Adjustable-rate mortgages (ARMs) are a popular option for home buyers, as they typically offer lower interest rates during the introductory period than fixed-rate mortgages.…