When will housing recovery happen? "The bottom line is that we will not see a real housing recovery until mortgage rates fall below 6%, and it will take 30-year Fixed rates moving closer to 5.5% to see any dramatic improvement at all," said MarketNsight Chief Analyst John Hunt. MarketNsight takes a look at December stats. Home sales improved the first week of[...]
In today’s rising rate environment, adjustable-rate mortgages (ARMs) are coming back. But these aren’t the ARMs your parents used in the early 2000s. Today’s offerings provide some added protection due to the lessons learned in the 2008 crash. Back then, about 30% of mortgages were made with adjustable rates. This means the loan started with an interest rate lower than the[...]
Southeast Area Production Manager Tricia Jones with New American Funding joins the Atlanta Real Estate Forum Radio podcast to discuss mortgages and achieving homeownership in today’s market. Jones joins host Carol Morgan on the All About Real Estate segment. After relocating to Atlanta 22 years ago for work, Jones fell in love with the South and has been in the real estate industry[...]
Senior Loan Consultant with New American Funding Jay Glover joins the Atlanta Real Estate Forum Radio podcast to discuss the current state of the market and the lender’s wide variety of loan products for first-time homebuyers. Glover joins host Carol Morgan on the All About Real Estate segment. A resident of Gainesville, Georgia, Glover has been in the mortgage industry since[...]
Head of Sales Mark Schlosser with Landis joins the Atlanta Real Estate Forum Radio podcast to discuss financial literacy, fair housing and how their rent to own program creates homeowners. Schlosser joins host Carol Morgan on the All About Real Estate segment. New to the Atlanta market, Landis is a social impact company before anything else. The company prioritizes providing financial[...]
A new year means new homebuying opportunities, but with mortgage rates rising, what does this mean for 2022 homebuyers? According to Redfin, there will be a significant drop in affordable housing in the cities of Atlanta, Austin and Phoenix. The housing boom created in the wake of Coronavirus caused home prices to skyrocket and housing inventories to dramatically decrease. The Federal Reserve[...]
Team Leader and Senior Loan Consultant Jeff Glick with New American Funding joins the Atlanta Real Estate Forum Radio podcast to talk about loan limits, mortgage news and the phenomenal growth of New American Funding. Glick joins host Carol Morgan on the All About Real Estate segment. Working in the mortgage industry since 2003, Glick has experienced a lot of change[...]
Now that we are in November and Halloween is behind us, there is no time like the present to plan to stick within your budget for the holidays. It will be no time at all before you'll be making holiday plans and having expenditures on everything from Thanksgiving prep, Black Friday sales and presents for the whole family. In the[...]
Branch Manager with New American Funding Oscar Reto joins the Atlanta Real Estate Forum Radio podcast to discuss the lender’s programs for self-employed borrowers, his experience in accounting and the current state of the housing market. Reto joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. Originally from Peru, Reto has called Charlotte, North Carolina home for the[...]
Kim Arrington, Branch Manager of the New American Funding metro Atlanta office, joins the Atlanta Real Estate Forum podcast to discuss educating homebuyers on being mortgage ready and new diversity initiatives, highlighting the New American Dream Initiative. She joins hosts Carol Morgan and Todd Schnick for the All About Real Estate segment. Arrington has a great passion for helping homeowners find[...]