Federal Housing Finance Agency’s Post

I know what you’re thinking 🤔, If the feds just lowered rates, we would solve our problem. I wish it were that simple, folks. Lower rates won’t solve the housing crisis in NH and most states. What would happen if rates dropped to 4% today? Based on the concept of supply and demand, with our limited inventory of homes, it would cause another catastrophic rise in home prices as demand would spike. While logic might suggest that it could cause some homeowners to list their houses, given the current pent-up demand, it would be illogical to assume the system would just restart smoothly. The only thing that could unstick the current kink in the gears is massive investment in new housing stock—think large-scale senior living, significant investment in modestly built single-family housing, robust modest rental opportunities and the proper local zoning to support and ignite it all. The carousel of housing is missing too many “beasts,” and the line is backed up to the entrance gates. 🎠 (Analogy for you themepark geeks like me) We need to get creative, get serious and get hammers swinging. #HousingIndustrailRevolution #MakeHomesNotWars #InvestInHousing

When analyzing the chart, two key observations stand out. Firstly, borrowers with an interest rate of 4 percent or lower show minimal inclination to refinance, maintaining a consistent trend over recent years. Secondly, the absence of a significant number of borrowers with rates above the average market rate suggests we are distant from experiencing another refinance surge. Curious to gather your insights on this data. #mortgage #finance

Mortgage rates change constantly. Sometimes the changes can be dramatic, while other times, the week-to-week developments might only lead to a minor adjustment. Either way, you don’t have to worry too much. Today’s rates are lower than the annual average of 30-year fixed-rate mortgages for much of the 1970s, 1980s, and 1990s. https://brev.is/4UJBA

Discover more about the difference between Buy-to-Let (BTL) Mortgages and Residential Mortgages in our article. 🏠 Find out how mortgage requirements, such as deposit and affordability, can vary significantly. 💰 Read further in our knowledge hub --> https://bit.ly/3UDxeXk #pauzibleknowledge #btl #residentialmortgages

Unlock the secrets of mortgages! 🏡 Dive into the key differences between a 15-year and a 30-year mortgage in our latest infographic. 📊💰 https://lnkd.in/g8R-XeAp 887008

Are you worried about rising interest rates as your fixed-rate period ends? Then it may be timely to explore refinancing your mortgage. Learn how you can benefit from potential cash contributions and better terms, helping to relieve some of the cashflow pressure. Click here to find out more: https://bit.ly/4cAuHVb

Ever wondered about fixed-rate mortgages? 🏠💡 Let's break it down! A fixed-rate mortgage offers stability in uncertain times. With this option, your interest rate remains consistent throughout the loan period, providing predictability and peace of mind. Say goodbye to fluctuating rates and hello to financial certainty with a fixed-rate mortgage. Planning your future just got simpler! Learn more about these plans in this video... #FixedRateMortgage #FinancialStability #PlanAhead

Jumbo reverse mortgages share many similarities to traditional reverse mortgages, with some significant distinctions. Read the full article: What Is a Jumbo Reverse Mortgage and Its Pros & Cons? ▸ https://lttr.ai/AJkKe #ProsAndConsOfJumboReverseMortgage #JumboReverseMortgage #ReverseMortgage

Owning a home can help you build wealth — some homeowners’ net worth is 40x that of renters. But you still want to tread carefully with mortgage debt. Buying more house than you can afford is a recipe for trouble. Here’s what you need to know about mortgages and your credit. https://ow.ly/YrzT50PWI13 #creditunion #mortgage #debt #1SCCCU