Today’s News Synopsis: Fannie and Freddie launch resource sites. The Mortgage Bankers Association reported mortgage applications increased 2.7% from last week. How are boomers’ plans for retirement being impacted by the coronavirus? In The News: Realtor.com – “How the Coronavirus Is Changing Some Boomers’ Real Estate Plans for the Better” (5-27-2020) “For baby boomers, the …
Today’s News Synopsis: Freddie Mac announces nationwide Covid-19 relief. Requests for video home tours increased by 500% in one week. Both C.A.R and NAR are asking Congress for aid for REALTORS. In The News: Inman – “7 Essential Tips for Communicating With Your Sphere During Crisis” (3-24-2020) “Don’t make the major mistake of not communicating with …
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 …
Today’s News Synopsis: President announces foreclosure moratorium. Freddie Mac is also helping by offering enhanced relief for borrowers whose lives were effected by the coronavirus. The way to stop coronavirus starts in your own home. In The News: Forbes – “What’s The Best Way To Disinfect Your Home? Tips For How – And What – To …
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 Picture Brightens, And In A …
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 American Real House Price Index” …
In Most States You Don’t Have To Say Boo About It Read More »
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 Home” (10-1-2019) “Built over 150 …
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) today released the results of …
It’s Like The Real Estate Disruptor Dating Game Out There Read More »
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 Mac (OTCQB: FMCC) today released …
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 of Picking the Right White …