Affluent Mortgage, LLC

12/01/2025

https://www.scotsmanguide.com/news/investors-anchor-housing-market-as-non-qm-loans-surge/?utm_source=originator&utm_medium=news&utm_campaign=newlayout

07/14/2025

Homeowners are sitting on a record $11 trillion in tappable home equity, but are barely touching it.

Why? High interest rates make borrowing less appealing, and many don’t want to lose their low mortgage rates.

Lenders have also tightened standards, making it harder to access that cash.

So even though home values are high, most of that wealth is staying put.

06/11/2025

https://www.scotsmanguide.com/news/trigger-leads-bill-clears-key-house-hurdle/?utm_source=originator&utm_medium=news&utm_campaign=newlayout

The House Financial Services Committee moves forward with legislation to limit trigger leads, aiming to reduce spam calls to prospective homebuyers.

06/06/2025

Weather experts are saying there will be a lot of Atlantic hurricanes this season.

States like Florida, Louisiana and North Carolina are set to be hit the hardest.

What do you need to know? Review your insurance policy.

22% of Americans are at risk of flood, but a lot don't have insurance.

05/28/2025

The Federal Housing Financing Authority wants mortgage rates to drop.

The head of the FHFA publicly called on Fed Chair Jerome Powell to lower rates.

He also took another swipe at FICO (FICO -11.26%), saying he’s "not happy" with how borrowers’ mortgage rates are being determined.

He hinted that changes will come in 1-3 weeks, and FICO shares said, "Uh oh," falling over 24% year-to-date.

05/15/2025

Commercial Borrowing on the Rise

Lending for commercial real estate deals is up 90% year-over-year.

Banks made it cheaper to borrow, which led to more commercial deals.

What's hot? Apartment buildings and data centers are getting the most interest from buyers.

05/08/2025

When the markets get weird, the ultra-rich get real estate.

A new report says 44% of family offices (aka the secret money managers for the ultra-wealthy), plan to buy more commercial real estate in the next 18 months.

Why? Real estate is a solid investment that can hold its value when times are uncertain or prices go up, according to experts.

Top targets? Industrial sites, data centers, and multifamily properties.

05/07/2025

Anyone looking to buy a new home that is waiting for mortgage rates to come down might have to wait just a little bit longer.

What happened? Mortgage rates inched higher Tuesday ahead of the Fed's meeting this afternoon.

But: Some experts say that mortgage rates could start to come down if Fed chair Powell says the central bank will be aggressive in cutting rates down the road.

The problem? Powell and the Fed have been pretty married to a "wait and see" approach, where they want to see how tariffs impact inflation before cutting.

04/25/2025

While the overall housing market might be cooling off, one sector is red hot: trailer homes.

More Americans are buying manufactured homes (like trailers) with the intention of flipping them.

In the decade from 2014-2024, manufactured home sales rose 60% compared to the prior 10 years.

"Demand is through the roof, supply is barely catching up, rents are accelerating, and occupancy is as high as it's ever been," a report from December noted.

04/24/2025

https://www.scotsmanguide.com/news/hud-voucher-program-running-out-of-money/?utm_source=originator&utm_medium=news&utm_campaign=new layout

HUD’s Emergency Housing Voucher program, aiding vulnerable populations, faces funding expiration by 2026, risking housing for nearly 60,000 recipients.