foreclosure

Rent Is Due, Know What To Do

Today’s News Synopsis: Inman’s state by state guide on evictions, rents, and foreclosures.  The latest mortgage applications survey from the Mortgage Bankers Association showed a surprising increase in mortgage applications, up 15.3% from last week.  Title companies are getting creative with the way they are holding closings all while maintaining social distancing. In The News: …

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Can’t Show A Property, Can’t Earn A Living

Today’s News Synopsis: Real Estate agents seek support from Congress.  Mortgage rates increased this week with 30-year rates now at 3.65% and 15-year rates at 3.06%.  In the wake of the coronavirus, Fannie, Freddie, and FHA have suspended all foreclosures and evictions. In The News: National Association of Realtors – “NAR Survey Finds Nearly Half of …

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Is Your Sale “Social Media Ready?”

Today’s News Synopsis: Social media factors in Millennial home-buying decisions.  Speaking of which, experts believe more Gen Zers will own homes than millennials.  Foreclosure activity decreased by 10% month-over-month and 6% year-over-year in November. In The News: Zillow – “More Gen Zers Than Millennials Will Own Homes, Experts Say” (12-16-2019) “The oldest Millennials, who will turn …

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Just To Make Rent

Today’s News Synopsis: Younger renters and parents sacrifice more…Mortgage rates increased with 30-year rates now at 3.75% and 15-year rates at 3.2%.  New home sales increased by 5.6% in the third quarter according to Redfin. In The News: Freddie Mac – “Mortgage Rates Tick Up” (11-14-2019) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market …

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Is It Worth The Premium To Sell To iBuyers?

Today’s News Synopsis: Sellers pay a price for convenience.  Mortgage rates saw a tremendous decrease in the latest Freddie Mac survey with 30-year rates now at 3.6% and 15-year rates at 3.05%.  Foreclosure filings decreased 18% from last year, coming in at 296,458. In The News: Freddie Mac – “Mortgage Rates Drop Significantly” (8-8-2019) “Freddie Mac …

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