mortgage rates

US Housing Market Downturn

US Housing Market Downturn

  Housing Market Crash The economy and the stock market are like the roaring twenties of the 1900’s.  A few are starting to draw that similarity.  Right now, everyone’s anticipating and enjoying the bubble like euphoria throwing money at home ownership. And many homeowners are wondering if they should sell…
Mortgage Refinancing – Lowest Rates in History

Mortgage Refinancing – Lowest Rates in History

  Mortgage Refinancing Boom? Government’s are lowering interest rates to ride out the pandemic period and homeowners are very eager to refinance their mortgages, and buy homes or real estate during the record low period. Mortgage brokers and banks are competing by dropping mortgage rates to capture new clients and…
US Housing Market Recovery Underway

US Housing Market Recovery Underway

  Is the Housing Market Recovering? The housing market in 2020 took at sharp hit when the Covid 19 disease came ashore in the US.  But this steep drop had to be followed by a sharp uptick at some point and it looks like it’s in full swing now. So…
Toronto Real Estate Forecast Part 2

Toronto Real Estate Forecast Part 2

  Why Are There So Few Toronto Homes for Sale? The shortage of houses for sale is a topic has been discussed well on this housing blog for many years now.  Not enough pressure has been put on government to promote housing market health. Instead, political ideologies have suppressed the…
Are Housing Prices Heading Down?

Are Housing Prices Heading Down?

Housing Prices Dropping Nationwide Everyone knows home prices and condo prices are falling right now, but no one is reporting data on the rapid decline. One recent unofficial report was a 10% decline recently, but that’s before the state of emergency. The Corona Virus Pandemic was sudden and it’s beginning…
Will Mortgage Rates Go Lower?

Will Mortgage Rates Go Lower?

Rate Forecast: Are Lower or Higher Mortgage Rates Ahead? You’re asking should I Should I Buy a House Now or refinance my mortgage?  Is a crash of the housing market a possibility? Will Mortgage Rates go Down?  1, 5 and 30 year mortgage rates are dropping. And with oil prices…