Metros With Fewer Mortgages See Less Rate Lock-In

Metros With Fewer Mortgages See Less Rate Lock-In

Inventory is doing best in cities with fewer mortgages and older homeowners, reinforcing the impact of high interest rates on the market. That’s according to a new report from Zillow, which found that metros where more homes are owned outright are seeing the fastest growth in new listings. Pittsburgh, Buffalo, and Cleveland have the highest…

Renting Is Still Cheaper Than Buying, But Not In All Cities

Renting Is Still Cheaper Than Buying, But Not In All Cities

The choice between renting and buying isn’t obvious in some American cities. While most cities have clear-cut price advantages to either, some are in a sticky in-between where the benefits of renting or buying may come down to personal circumstances, according to a new study from Home Bay. Home Bay analyzed the 50 most-populous metros…

Q&A With SingleSource COO: Ed Austin Speaks About Services, Protecting Neighborhoods
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Q&A With SingleSource COO: Ed Austin Speaks About Services, Protecting Neighborhoods

The Chief Operating Officer at SingleSource Property Solutions said in a recent interview with The Mortgage Note that their mission is to protect neighborhoods. Ed Austin has been working in the mortgage industry for 25 years on the vendor management side. He has been COO of SingleSource in Pennsylvania for seven years. In August, the…

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