hard money

Squirrel!

Today’s News Synopsis: You’ve heard of the mini homes for cats, but a restaurant for squirrels?  The Mortgage Bankers Association reported mortgage applications decreased 3.3% from last week.  Pending home sales decreased last month, leading the NAR to believe the slump in the housing market is only temporary. In The News: National Association of Realtors …

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New Policy Allows You To Request A Credit Report Every Week For The Next Year

Today’s News Synopsis: Free credit reports now available every week.  The Mortgage Bankers Association reported mortgage applications decreased 0.3% from last week.  Additional funding for small-business loans was just approved by the Senate. In The News: HousingWire – “Senate approves additional funding for small-business loan program” (4-22-2020) “The Senate approved $320 billion of additional funding on Tuesday for the …

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What About Home Prices???

Today’s News Synopsis: Home sales will go down in 2020.  According to the latest MBA Weekly Survey, mortgage applications increased 7.3% from last week.  Meanwhile, builder confidence posted a historic decline. In The News: MarketWatch – “Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?” …

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With So Many Working From Home, How Many Will Stay There?

Today’s News Synopsis: It’s the end of the office as we know it.  New home purchase mortgage applications increased by 21.2% for the month of March.  How are American’s planning on spending their coronavirus relief checks? In The News: HousingWire – “Reverse mortgages get second look amid coronavirus chaos” (4-14-2020) “At a time when the stock …

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