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Mortgage demand plunges 83%, will we see a rebound in 2023?

Mortgage demand plunges 83%, will we see a rebound in 2023?

by | Sep 5, 2022 | 2022 real estate predictions, 2023 real estate prediction, 90s real estate recession, Atlanta Hard Money, Colorado Hard Money, Denver Hard Money, Denver private Lending, Georgia hard money, interest rates, mortgage rates

The National Association of Realtors predicts sales to rise again throughout 2023. At the same time, demand for mortgage refinances are down 83% from a year ago.  Applications for a loan to purchase a home were 18% lower than the same week one year ago. Signed...
10k of student loans forgiven; what does this mean for real estate and mortgage rates?

10k of student loans forgiven; what does this mean for real estate and mortgage rates?

by | Aug 25, 2022 | 2023 real estate prediction, 90s real estate recession, Atlanta real estate trends, CO hard money, Colorado Hard Money, Colorado ski lending, Denver Hard Money, Denver private Lending, if there is a recession what happens to real estate, mortgage rates, Property Valuation, Real Estate economic trends, real estate investing, Real estate Valuation

As of the writing of this article, President’s Biden’s plan is to forgive 10k in student loan per each borrower and further extend the payment pause until year end.  How will this forgiveness impact real estate prices, mortgage rates, and prospective purchasers?  What...