Home Mortgage Rates Jump
Interest Rates are surging across the US Bond Market, largely driven by Hawkish Fed Policy from Jerome Powell.
Quantitative Easing / Money Printing is ending, and interest rates are expected to go up. This has the Mortgage Market going crazy in early 2022, with dramatic increases in Mortgage Rates to start the year.
Home Mortgage Rates Jump
The 30-Year Fixed Mortgage Rate has surged to 3.7%, which is starting to create big problems in the 2022 US Housing Market. Homebuyers, who were already struggling with affordability, and are now struggling even more. Meanwhile, real estate investors are beginning to consider buying bonds instead of homes.
These higher mortgage rates are creating especially big issues for buyers and investors in California, Utah, Colorado, and Washington. Housing Markets in cities like Seattle, San Francisco, and Salt Lake City are already very expensive compared to local wages. Higher Mortgage Rates means that home prices in these markets will need to go down for local demand to stay strong.
At the other end of the spectrum are cities like St. Louis, Detroit, and Mobile. These Housing Markets are more insulated from the negative impact of higher rates and inflation because locals are paying a relatively small share of their wages toward mortgage payments.
If you’re a home buyer or real estate investors in early 2022, make sure pay attention to the prevailing interest and mortgage rates. They could have a big impact of the 2022 Housing Market Forecast, as well as causing home price declines in certain cities.
Redfin Payment Tool: https://www.redfin.com/news/higher-mo… CNBC Article: https://www.cnbc.com/2022/01/18/mortg…
San Diego Real Estate Website for sale
www.brokerforyou.com *** This 24 year old San Diego real estate website is for sale! Also, aged real estate sites in many California cities are for sale.
Over 28,000 average monthly unique visits to Brokerforyou.com in the last six months.
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www.brokerforyou.com is 24 Years old! The vast majority of search engine professionals agree that the age of a website is an important factor in the Google algorithm.
There is also another undisputed factor in the ranking of websites. That factor, is the amount of unique specific content published on the website. So, it’s pretty hard for a two year old or a five-year-old or for that matter a 10-year-old website out rank a 24-year-old website that has 2 to 4 times the content.
San Diego real estate opportunity www.brokerforyou.com is for sale! if your real estate broker in San Diego California or thinking of expanding your brokerage business into San Diego, purchasing www.brokerforyou.com to give you a huge boost in becoming a player in the residential San Diego real estate market.
Sure as a real estate professional in San Diego California, you most probably have a website. But take a look at it take a look at the traffic you’re generating from that website. From my own analysis the majority of San Diego real estate websites just generate a couple of hundred unique views per month. To even have a chance of gaining one new client you need tens of thousands of unique views.
Brokerforyou.com is for SALE
Just like most major businesses, the easiest way, and the fastest way to expand your business and influence in your particular market is through strategic acquisition. Just look at Google, they are the number one search engine in the world! Google bought Youtube in November 2006 for US$1.65 billion! YouTube now operates as one of Google’s subsidiaries.
www.brokerforyou.com is for sale and is offered with a very popular San Diego residential real estate channel with 1.16K subscribers and 114 videos!!
What’s the approximately monthly cost to host a website? With shared hosting, you’re hosting fee can break down to about 10 to $15 per month. To keep your url registered (that’s your site address), this is usually paid on a five to 10-year basis, which averages out to about just a dollar per month! Naturally, if you add direct hook-up to a MLS database, that provides lead capturing, this costs can vary greatly from provider-to-provider.
Interested, call Bob Schwartz (619) 286-5604 for additional information
