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Vesta Equity Market Recap 19.0
Stay informed and make informed decisions with Vesta Equity's Real Equity Marketplace Update 19.0. 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
Mortgage rates now at 2 month highs.
FHA lengthens amortization of delinquent mortgages to 40 years.
Mortgage application volume deflated by rising rates.
Top News in Housing
14 Million Homeowners Took Advantage of This Smart Move During the Pandemic - During the pandemic, low mortgage rates led to about 14 million homeowners refinancing their loans, resulting in an average reduction of $220 in their monthly mortgage payments.
Census data shows promising signs for housing activity - Census data predicts a rebound in the housing market, with growth in home sales activity and moderate increases in housing starts and building permits, despite current market volatility and a decrease in refinance applications
Pent up housing demand means golden time for real estate investors - The current housing shortage and substantial demand for rental properties, coupled with higher interest rates making home ownership less affordable for many, are creating a favorable environment for real estate investors.
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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