Understanding Brokerage and Mortgaging: Key Concepts for Homebuyers and Investors
The world of real estate is multifaceted and often confusing for those who are new to it. Two fundamental components of this world are brokerage and mortgaging. Whether you’re looking to buy your first home or investing in real estate, understanding these concepts is essential. Let’s take a closer look at what brokerage and mortgaging are, and how they function in the real estate market.
What is Brokerage?
A brokerage refers to a company or individual that facilitates...
In the US, the average mortgage rate for the first time since 2008 exceeded 6%
The number of applications for mortgage loans fell by 64% compared to last year.
In the US, the average mortgage rate for the first time since 2008 exceeded 6%, Reuters reports, citing data from the Association of Mortgage Banks. At the end of July 2022, the US Federal Reserve System (FRS) raised the interest rate by 75 basis points, to 2.25-2.5% per annum.
Such an increase in mortgage rates has a negative impact on the housing sector, where sales of new homes in July have already fallen to...
Blogs
Διαβάζω περισσότερα
What Are the Best Books on Business Strategy?
Business strategy is a crucial aspect of any successful organization, as it helps define the...
Game Studies: The Intersection of Play, Culture, and Technology
Game studies is an interdisciplinary field that examines games as a cultural and social...
Does Video Marketing Improve SEO, Search Rankings, and Website Traffic?
Introduction
Search engine optimization (SEO) is at the heart of every digital marketing...
What Kind of Content Should I Create for YouTube Marketing?
Choosing the right content mix is one of the most important strategic decisions in YouTube...
The Ringelmann Effect: Why Teams Sometimes Work Less Effectively Together
When we think about teamwork, we often assume that “more hands make light work.” But...