PinnedJeff OstrowskiAre We In A Housing Affordability Crisis? It DependsI was being interviewed about the housing market recently, and the reporter — Cory Smith of The National Desk — asked a deceptively…Jun 241Jun 241
Jeff OstrowskiinMinds Without BordersMortgage lenders haltingly learn a new languageHispanics have grown into a major force in the U.S. housing market, but the mortgage industry hasn’t kept pace with the demographic change…2d ago2d ago
Jeff OstrowskiinMinds Without BordersHere’s why mortgage rates won’t fall after the Fed cutIt’s because rates already have come way down in anticipation of the Federal Reserve’s next move.3d ago3d ago
Jeff OstrowskiinMinds Without BordersWhat should homebuyers do in advance of the looming Fed cut?Probably not much. If you’re shopping for a home, stay the course.5d ago5d ago
Jeff OstrowskiinMinds Without BordersMortgage rates are falling as Fed prepares to cut ratesMortgage rates just fell to 6.48%, their lowest level since April 2023, according to Bankrate’s weekly survey of lenders.Aug 281Aug 281
Jeff OstrowskiinMinds Without BordersWorking remotely? Some cities, states will pay you to move inLocations are dangling incentives of up to $18,000 to lure new blood. The catch? Many of these places are in flyover country.Aug 221Aug 221
Jeff OstrowskiinMinds Without BordersReal estate wire fraud: Don’t send your down payment without first taking this simple stepIf you’re about to buy a home, there’s a chance cyberscammers are lurking.Aug 14Aug 14
Jeff OstrowskiWhat I learned from taking the Mortgage Loan Originator certificationAn alphabet soup of new laws means predatory lending has all but disappeared over the past decade.Aug 9Aug 9
Jeff OstrowskiinMinds Without BordersMaybe Realtor Commission Settlement Really Is Pushing Costs DownBuy-side costs have fallen this year, Redfin reports. And a consumer advocate is telling buyers to pay no more than 2%.Aug 8Aug 8
Jeff OstrowskiinMinds Without BordersYounger homeowners are more willing to tap home equity for questionable usesWondering whether you should hit up all that value in your house? Here’s a quick guide.Aug 7Aug 7