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Vesta Equity Market Recap 16.0
Keep up with the latest trends in the market with Vesta Equity's Real Equity Marketplace Update 16.0 edition and stay ahead of the curve. Please sign up to receive the recap weekly and share the recap with people in your network who want to stay on top of the latest housing trends and investment opportunities.
The Pulse on Housing
US home prices tick upwards after 7 months of decline.
US home-purchase applications rise for second time this month.
Current mortgage rates dropped from this time last week.
Top News in Housing
Low housing supply creates sellers market as new mortgage rule change set to take effect - With new mortgage fees taking effect, borrowers' credit scores will now determine whether they will pay less or more, while the ongoing challenges of low inventory and high housing prices continue to make it tough for buyers.
Planned ‘unprecedented’ changes to mortgage fees already impacting borrowers - Lenders are already charging higher fees to offset the planned changes to mortgage fees, potentially making mortgages more expensive for some borrowers, according to the Boston Herald.
Are you ‘trapped’ in your home by your low mortgage rate? Many homeowners are, survey shows - Low interest rates are causing a shortage of homes on the market, as homeowners are hesitant to give up their low mortgage rates and are waiting for rates to come down before selling.
Vesta Equity Marketplace Overview
Looking for your next investment property? Easily invest in quality United States real estate - Buy shares, earn appreciation, and let the homeowners take care of the rest
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