Current Mortgage Rate Trends As of today, mortgage rates have shown a fluctuating trajectory influenced by various economic factors. Currently, the average rate for a 30-year fixed-rate mortgage stands at approximately 7.25%, while the average rate for a 15-year fixed mortgage is around 6.50%. Adjustable-rate mortgages (ARMs) typically present a lower initial rate, currently averaging … Read more
Introduction to Opendoor and Its Business Model Opendoor was founded in 2014 by Eric Wu, Ian Wong, and JD Ross, with the primary mission of transforming the traditional real estate market through digital innovation. The company has emerged as a pioneer in the sector, addressing the complexities often associated with buying and selling homes. Opendoor’s … Read more
Introduction to Amy Butewicz and UMH Properties Amy Butewicz serves as a vital component of the leadership team at UMH Properties, a prominent real estate investment trust (REIT) focused on the acquisition, development, and management of manufactured home communities and commercial properties. With her extensive background in the real estate sector, Butewicz has positioned herself … Read more
