OUR NEWS

Nov 26, 2019

Fannie and Freddie Stepping Up Their Game

Today’s News Synopsis: Conforming loans limits over $500K for the first time.  New home sales were strong last month, having increased 0.7% to 733,000 units.  You better get ready, because it turns out the best time to buy a home is the winter. In The News: Forbes – “The Real Estate

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Oct 29, 2019

In Most States You Don’t Have To Say Boo About It

Today’s News Synopsis: Selling a haunted house?  The Mortgage Bankers Association predicted purchase originations will increase by 1.6% to $1.29 trillion in the next year.  What were the two major forces to reshape affordable housing? In The News: First American – “Two Forces Re-Shaped Housing Affordability in 2019, According to First

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Oct 01, 2019

And Yes, California Has The Highest

Today’s News Synopsis: What is the average rent in every state?  Home prices increased 3.6% year-over-year in August according to CoreLogic.  More and more people are putting off living on their own. In The News: Realtor.com – “Lessons From Listings Photos: This Bold Boston Townhouse Proves That Color Can Sell a

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Sep 19, 2019

It’s Like The Real Estate Disruptor Dating Game Out There

Today’s News Synopsis: Zillow is partnering with builders.  The National Association of Realtors Reported existing-home sales increased by 1.3% in August.  Mortgage rates increased greatly this week with 30-year rates now at 3.73% and 15-year rates at 3.21%. In The News: Freddie Mac – “Mortgage Rates Jump” (9-19-2019) “Freddie Mac (OTCQB: FMCC)

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Sep 05, 2019

Maybe The “Flier Bandit” Got You

Today’s News Synopsis: Is your house not selling?  Freddie Mac reported mortgage rates decreased this week with 30-year rates now at 3.49% and 15-year rates at 3%.  The new plan for the GSEs is expected to be revealed very shortly. In The News: Freddie Mac – “Mortgage Rates Drop” (9-5-2019) “Freddie

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Jun 12, 2019

White Is White, Right? NOPE!

Today’s News Synopsis: The personal hell of picking the right white paint.  The Mortgage Bankers Association reported a 26.8% increase in mortgage applications from last week.  Real estate is at a “tipping point” according to John Campbell of Zillow, Redfin and eXp Realty. In The News: Realtor.com – “The Personal Hell

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Jun 04, 2019

Changes Could Lower Housing Cost For Millions of Americans

Today’s News Synopsis: Fannie and Freddie changes coming.  CoreLogic reported home prices increased 3.6% year-over-year in April.  Meanwhile, home prices for newly constructed homes decreased by 1% in the first quarter. In The News: Forbes – “Expecting?  These Cities Are The Most Affordable Places To Raise A Child” (6-4-2019) “It’s tough

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Jun 03, 2019

Too Much Student Debt=Millennials Can’t Afford Homeownership

Today’s News Synopsis: What is the biggest thing holding millennials back from becoming homeowners?  Student loan debt.  Fannie Mae and Freddie Mac announced today the completion of their new UMBS program.  Although affordable housing is possible for both builders and buyers, there is still one problem. In The News: Armstrong

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May 08, 2019

FHFA Not Counting On A Legislative Solution

Today’s News Synopsis: Fannie and Freddie may be freed without Congress.  The Mortgage Bankers Association reported a 2.7% increase in mortgage applications from last week.  The next time you shop on Amazon, look for a do-it-yourself backyard guest house that can be built in 8 hours. In The News: Curbed –

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May 07, 2019

Riverside, CA Has The Biggest Share

Today’s News Synopsis: More than 1/5 Millennials still live with mom.  Home prices in March increased by 3.7% year-over-year according to CoreLogic.  So what it is about that $17,000 “sweet spot” that could help you in selling your home? In The News: Zillow – “More Than One in Five Millennials Sill

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