Editorial director at New American Funding covering real estate. Former https://nitter.cf/t.co/UPkCWRMQm1 editor & NY Daily News writer. Dog person, pizza lover. Opinions are mine.
New York, NY
Joined June 2008
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Housing discrimination against women in lending was a big problem until the mid-1970s. Lenders often refused to count a young wife's income or would only consider a portion of it when deciding whether to issue a mortgage. Some went even further. bit.ly/3ft5hhQ
Existing home sales rose annually for the first time in more than three years. This is why: newamericanfunding.com/learn…
The Fed just cut rates. What does that mean for mortgage rates? bit.ly/3YI3PgL #mortgagerates #fedmeeting #Fedrate #homebuyers
Nearly three-quarters of Americans wouldn't mind sharing their homes with spirits—provided they got a good deal: bit.ly/3AlQv9y #Halloween #HauntedHouses
The Fed cut rates by a half a percentage point. Will mortgage rates fall by as much? bit.ly/4gwyGVK
#Austin, TX saw steep increases in home prices during the pandemic. But they say what goes up, must eventually come down. Here are the neighborhoods where home prices have fallen the most: bit.ly/3U0AxsH #AustinTx #RealEstate #housingmarket #housing
What home buyers and sellers should expect in this year's spring housing market: bit.ly/4a0513n #springhousingmarket #housing #realestate #homebuyers #homeselling
Did you know that more Americans want to install bunkers and safe rooms as the presidential election approaches? Here's what I found out: bit.ly/3IzZsg6
As the spring housing market kicks off, should buyers expect mortgage rates to shoot back up above 7%?
They should be prepared as higher-than-expected inflation could keep rates higher for longer—even pushing them up. bit.ly/4a7LVrD #mortgagerates #RealEstate
Mortgage rates are inching dangerously close to 7% just as the spring home buying season is about to kick off.
They averaged 6.94% in the last week, says @FreddieMac.
Would a recession make it easier to buy a home? That depends...bit.ly/3I7Tfb6 #housingmarket #realestate #recession
Mortgage rates ticked up to 6.77%, says @FreddieMac.
"The economy has been performing well so far this year and rates may stay higher for longer, potentially slowing
the spring homebuying season," Freddie Mac's Chief Economist @TheSamKhater said in a statement.
The latest inflation report isn't good news for home buyers worried about the lack of affordability in the housing market.
But they shouldn't lose hope as mortgage rates are expected to continue coming down this year. realtor.com/news/trends/mort…
There is a lot going on in 2024—and we're not even two months into the new year. What everything from a presidential election to wars abroad could mean for the U.S. housing market: bit.ly/3wn7TIy
Mortgage rates remained steady, averaging 6.64% this week, says @FreddieMac.
That's lower than @mortgagenewsmnd reported. They briefly rose above 7% this week before ticking back down, says the outlet.
As someone who has watched "Groundhog Day" too many times over the years, this was a fun story to write about #Punxsutawney. Home prices in the small, Pennsylvania town have skyrocketed over the last few years for this reason: bit.ly/3upy3tC
Mortgage rates slipped this week, averaging 6.63% for 30-year, fixed-rate loans, says @FreddieMac.
Can the middle-class still afford homeownership? The answer is increasingly no, whether it be a first home or a trade-up purchase: bit.ly/3SEyQjC #RealEstate #housing #housingmarket
It's quite an achievement to purchase your first home, especially in this tough housing market. Here's a short survival guide with a few tips on what to do now: bit.ly/48Gt1Ic bit.ly/48Gt1Ic