mortgage

Will Mortgage Rates Ever Come Down? If So, When?

Mortgage Rates Will Come Down, It’s Just a Matter of Time This past year, rising mortgage rates have slowed the red-hot housing market. Over the past nine months, we’ve seen fewer homes sold than the previous month as home ...
READ MORE

Appraisal Gap? What is it? What Does it Mean?

What Buyers and Sellers Need To Know About the Appraisal Gap It’s economy 101 – when supply is low and demand is high, prices naturally rise. That’s what’s happening in today’s housing market. Home prices are appreciating at near-historic rates, ...
READ MORE

Are We in a Housing Bubble? Experts Say No.

Are We in a Housing Bubble? Experts Say No. The question of whether the real estate market is a bubble ready to pop seems to be dominating a lot of conversations – and everyone has an opinion. Yet, ...
READ MORE

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 ...
READ MORE

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 ...
READ MORE