Capitalize Financial
No Result
View All Result
Sunday, April 2, 2023
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
Capitalize Financial
  • Home
  • Business
  • Economy
  • World
  • Markets
  • Tech
  • Real Estate
No Result
View All Result
Capitalize Financial
No Result
View All Result
Home Sports

Why home prices won’t crash, and why a mortgage refi still makes sense

by capitalizefinancial
May 17, 2021
in Sports
0
Why home prices won’t crash, and why a mortgage refi still makes sense

Home values are soaring. Mortgage rates are zig-zagging. And the housing market has taken center stage in the U.S. economy.

Sarah Pierce, head of operations at mortgage company Better.com, and Morgan Bellingham, Better.com’s head of mortgage, say home prices are unlikely to crash — and refinancing your mortgage still might be a good call.

They spoke to Bankrate.com about the housing economy.

We’re always concerned we’re in a bubble. However, this current boom in home values is really due to an unprecedented housing shortage. Millennials are entering into an age where they’re going to buy. It used to be the prime buying ages were 29 to 31. Now it’s 31 to 35. It’s taking millennials longer to save up for homeownership. There’s a whole generation that delayed their homeownership by five years. Plus, people are living longer and staying in their homes. Building hasn’t kept pace with the demand.

It’s different than a bubble, where you have price inflation. This is more of a classic supply-and-demand problem. Even as people return to work at a lot of companies, are companies really going to pay for prime real estate in Manhattan? I think the in-home office is definitely here to stay, so people are going to need more space.

CONTINUE..

No Result
View All Result

Subscribe Us

By clicking on Subscribe, I confirm that I have read and agree to the terms set forth in the Privacy Policy and Terms of Service including Capitalize Financial ability to use and share my information and Capitalize Financial, or third-party companies and business partners, may send me offers for products and services at the email address I have provided. I understand that my information may be supplemented with additional information obtained from other sources.
  • Trending
  • Comments
  • Latest

Capital One Savings Account Rates for November 2022

Gas Prices Today, October 22, 2022: Check the cheapest Gas Stations Today

7 personal finance tips for Gen Z, from a Gen Xer

NASA’s Orion spacecraft breaks Apollo 13 flight record

These are the 10 housing markets across the US where home sellers are sitting pretty

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

10 Best Finance Podcasts for 2023

NASA’s Webb Telescope Confirms First Exoplanet

Recent News

These are the 10 housing markets across the US where home sellers are sitting pretty

Embrace Technology And Stop Playing “Guess Who” With Your Customers

Categories

  • Business
  • Cryptocurrency
  • Economy
  • entertainment
  • finance
  • health
  • Markets
  • Music
  • Opinion
  • Politics
  • Real Estate
  • Science
  • Sports
  • Tech
  • World

Site Navigation

  • Contact Us
  • Privacy & Policy
  • Terms Of Service
  • Unsubscribe

© 2021 capitalize Financial All Rights Reserved

No Result
View All Result
  • Advertisement
  • Contact Us
  • Homepages
    • Home 1
    • Home 2
    • Home 3
    • Home 4
    • Home 5
  • World
  • Economy
  • Business
  • Opinion
  • Markets
  • Tech
  • Real Estate

© 2021 capitalize Financial All Rights Reserved