Steven Stashin on LinkedIn: MSN | Outlook, Office, Skype, Bing, Breaking News, and Latest Videos (2024)

Mortgage Rate Anticipations Over the past month, mortgage rates have been on a consistent downward trend, experiencing a significant drop in the previous week. After reaching nearly 8 percent in October, some mortgage rates have now fallen below 7 percent, with continuous weekly declines. The current trajectory suggests that mortgage rates are poised to continue decreasing throughout 2024, provided inflation remains in check. While shorter-term loans offer lower rates and potential interest savings, the trade-off is a higher monthly payment compared to longer-term alternatives. The overall trend points toward a forthcoming period of decreasing mortgage rates, aligning with the expected economic conditions and Federal Reserve actions in the coming months. Read more via: msn.com

Redfin reports median monthly housing payments have reached a record $2,775, an 11% increase from last year, due to high mortgage rates and elevated home prices.Nationwide senior economist Ben Ayers notes that the market is challenging, with low supply and rising costs shutting out many first-time buyers. The 'golden handcuff' effect keeps sellers with low-rate mortgages from selling, limiting available homes.Economists expect elevated mortgage rates to persist through the first half of 2024 before potentially falling. Despite possible rate decreases, pandemic-era lows are unlikely to return.How have you adjusted your strategy to navigate these market challenges? Share your thoughts below!Read the full article here: The cost of buying a house hit another record high as mortgage rates spike again (msn.com)#HousingMarket #RealEstate #MortgageRates

Homeowners getting little respite on mortgages.With 8 out of 9 household bills going up. The household purse strings are being constantly squeezed."Mortgage rate rises announced by five lenders: HSBC, Barclays and NatWest all hiking interest (msn.com)"Even though energy dropped by 12.3% on 1st April on the variable price cap, other bills increases: Rates, Water Rates, Insurance, Broadband, mobiles and many more, so people are in an "apathy bubble". Cornwall Insights predict a drop on 1st July, but an increase on 1st October and 1st January - and last week commercial energy rose quite significantly, and that in turn has a knock on effect in 6 months on domestic energy.When did you last look at your bills?Are you utilising all options to reduce them?

🏠 Best MyQ Google Home Review: Smart Control 🏠Get the full details from Mortgage Rater here 👉 https://lnkd.in/gasRAEMf#MortgageRater #MortgageTips #HomeLoans #MortgageNews #FinanceTips #HomeBuying #InterestRates #MortgageBroker

🏠 Best MyQ Google Home Review: Smart Control 🏠Get the full details from Mortgage Rater here 👉 https://lnkd.in/gbDrTprv#MortgageRater #MortgageTips #HomeLoans #MortgageNews #FinanceTips #HomeBuying #InterestRates #MortgageBroker

The interest rate on the most common type of U.S. residential mortgage plunged last week by the most in nearly 16 months on the back of a rally in the Treasury market that drove down the benchmark yields used to set home loan costs.

READY, SET, SELL!!!Your Roadmap to a Swift Home Sale! 🏡🔔 For more insightful content and quick tips, subscribe to my YouTube channel! Thank you for joining me on this journey.#HomeSaleTips #RealEstateSuccess#SellSmart #Investors #RealEstateInsights#BusinessMinds

2

Do You Need To Buy A 🏡 Contingent in 2024?Check out my most recent video exploring what you need to do to make it happen.Want a personal strategy for buying a home contingent in 2024? Shoot me a message and we can schedule a free call to discuss.

Ok, today we are going to talk about 4 ways to improve technology throughout your home... With growing numbers of us working and learning from home, it’s more essential now than ever before that our homes can accommodate modern technologies. Whether you’re looking to update your home, or on the market for a new home, there are a few things to do and look for to update your home. Here are 4 ways to give your home a tech tune up... https://ayr.app/l/wMPYhttps://lnkd.in/eetQxqTi

Ok, today we are going to talk about 4 ways to improve technology throughout your home... With growing numbers of us working and learning from home, it’s more essential now than ever before that our homes can accommodate modern technologies. Whether you’re looking to update your home, or on the market for a new home, there are a few things to do and look for to update your home. Here are 4 ways to give your home a tech tune up... https://lnkd.in/eZyub8Gnhttps://lnkd.in/eZyub8Gn