Monthly Archives: March 2021
The Freund Group Real Estate Update: April 1, 2021
What’s happening right now? Currently, we are seeing numerous cash-out refinances. One of the questions floating around is, “are we seeing a cash-out refinance crisis?”. When we take a look at the comparison of cash-outs in 2006 compared to today we see that home equity cash-outs by refinancing is currently 153 billion compared to a... Read More
The Freund Group Real Estate Update: March 18, 2021
Where are we currently at? There is movement in the interest rate market. This is to be expected as the economy improves. Home appreciation is rising as well. 2020 brought the gift of valuing our home. People fall in love with homes, not interest rates. We do not anticipate people to shy away from purchasing... Read More
The Freund Group Real Estate Update: March 4, 2021
Mortgage Debt Mortgage balances have reached over 10 trillion dollars in debt in the fourth quarter in December of 2020. We’re ahead in our metrics today in year over year. We will be looking back on this time in real estate as a historical moment. The Household debt service rate for mortgages (graph to the left)... Read More