Blog Archives - Page 4 of 7 - SouthShore Region Mortgage Group

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4 Jun 2020

What Drives Home Prices?

Home Prices: It’s All About Supply and Demand Welcome back to the Region Mortgage blog. We are glad you visited us and hope you find the following information useful. If we can be of any further assistance, please call us! As we enter the summer months and work through the challenges associated with the current […]

3 Jun 2020

What Are The Top Reasons to Own a Home?

Top Reasons to Own Your Home [INFOGRAPHIC] Some Highlights June is National Homeownership Month, and it’s a great time to consider the benefits of owning your own home. If you’re in a position to buy, homeownership might help you find the stability, community, and comfort you’ve been searching for this year. Let’s connect today to determine […]

12 May 2020

Should The Unemployment Report Scare You?

Unemployment Report: No Need to Be Terrified Last Friday, the Bureau of Labor Statistics (BLS) released its latest jobs report. It revealed that the economic shutdown made necessary by COVID-19 caused the unemployment rate to jump to 14.7%. Many anticipate that next month the percentage could be even higher. These numbers represent the extreme hardship so many families […]

5 May 2020

Homeownership in The U.S. Are at The Highest in 8 Years!!!

U.S. Homeownership Rate Rises to Highest Point in 8 Years For nearly two months, most of us have been following strict stay-at-home orders from our state and local governments. It is a whole new way of life that has put our daily lives on pause. On the other hand, many of us have also found […]

9 Apr 2020

Forbearance Article From Our Friends At AIME

HOW FORBEARANCE IMPACTS MORTGAGE BROKERS AND HOMEOWNERS *We are sharing the content of this article from our friends at AIME the Association of Independent Mortgage Experts* As an independent mortgage broker, understanding how the current market climate is affecting the mortgage industry, your real estate partners and borrowers is of the utmost importance. With the […]

26 Mar 2020

The Headlines Can Be Scary, Don’t Feed Into The Media Coverage.

Don’t Let Frightening Headlines Scare You There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has […]

9 Mar 2020

The Coronavirus and How It’s Impacting the U.S. Housing Market

Impact of the Coronavirus on the U.S. Housing Market The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around […]

4 Mar 2020

Real Estate is Still Soaring, Rates Are STILL LOW!

Real Estate Is Soaring, But Not Like 2008 Unlike last year, the residential real estate market kicked off 2020 with a bang! In their latest Monthly Mortgage Monitor, Black Knight proclaimed: “The housing market is heating entering 2020 and recent rate declines could continue that trend, a sharp contrast to the strong cooling that was seen at this […]

26 Feb 2020

The Main Misconception in the Home Buying Process

After over a year of moderating home prices, it appears home value appreciation is about to reaccelerate. Skylar Olsen, Director of Economic Research at Zillow, explained in a recent article: “A year ago, a combination of a government shutdown, stock market slump and mortgage rate spike caused a long-anticipated inventory rise. That supposed boom turned out to be a […]

18 Feb 2020

If You’re Buying A Home, Use a Trusted Professional to Help!

How Trusted Professionals Make Homebuying Easier to Understand In the spring, many excited buyers get ready to enter the housing market. Others continue dreaming about the homes they’d like to buy. The truth is, many potential buyers continue to dream longer than they need to, simply because they’re confused about the homebuying process. Thankfully, working […]