Jan 13, 2020

Where’s My Flying Car?

Today’s News Synopsis: The future is now.  The Mortgage Bankers Association reported the amount of available mortgage credit decreased in December by 3.5% to 182.2.  In almost 50% of the markets in the U.S., it is more affordable to rent than buy, and they all have one thing in common.

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Dec 05, 2019

Nope, At Least According To This Report

Today’s News Synopsis: Will Millennials ever stop renting?  Mortgage rates held steady this week with 30-year rates at 3.68% and 15-year rates at 3.14%.  The amount of available mortgage credit increased last month by 2.1%. In The News: Freddie Mac – “Mortgage Rates Hold Steady” (12-5-2019) “Freddie Mac (OTCQB: FMCC) today released the

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Nov 12, 2019

Boomers Upsizing in Retirement

Today’s News Synopsis: Forget aging in place.  Which housing markets have the highest share of seriously underwater properties?  The amount of mortgage credit availability increased in October by 0.9% to 185.1. In The News: ATTOM Data Solutions – “Top 10 Housing Markets with Highest Share of Properties Seriously Underwater” (11-12-2019)

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Oct 08, 2019

Coldwell Banker, Sotheby’s and Century 21 among them

Today’s News Synopsis: Realogy launches new, improved iBuyer platform for some of their brands.  Although mortgage delinquencies as a whole are at a 20-year low, 4 states reported an increase.  Which could they be?  Which metro areas in the nation are the most affordable and family-friendly places to live? In

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Sep 12, 2019

Quiet On the Set! Oh Wait, We Don’t Even Have An Office

Today’s News Synopsis: Commercial spots are all the rage in Hollywood…too bad there’s not many available.  Freddie Mac reported mortgage rates went up this week with 30-year rates now at 3.56% and 15-year rates at 3.09%.  The amount of available mortgage credit decreased last month by 3.9%. In The News:

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Aug 08, 2019

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

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Jul 09, 2019

Can You Match The Demand To The Supply? Apparently Not In This Market

Today’s News Synopsis: The biggest thing pushing buyers out of the market is an uneven match between housing supply and buyer demand.  The amount of mortgage credit available increased last month by 0.2% to 189.8.  Meanwhile, CoreLogic reported delinquency rates were at their lowest in 20 years as of April.

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Jun 11, 2019

But Barn Doors Are So Cool!

Today’s News Synopsis: Home trends you may regret in 20 years.  The amount of mortgage credit available increased last month according to the Mortgage Bankers Association.  Foreclosures saw their lowest rate in 20 years in March according to CoreLogic. In The News: Mortgage Bankers Association – “Mortgage Credit Availability Increased in

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May 09, 2019

Summer Vacation May Be Coming Up, But Is The Community Safe To Buy In?

Today’s News Synopsis: Is it safe to buy in a vacation community now?  Mortgage rates decreased slightly with 30-year rates now at 4.10% and 15-year rates at 3.57%.  Housing affordability remains stable year-over-year with lower home prices, decreased mortgage rates, and gains income. In The News: Jesse Gabriel – “California Assembly

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Apr 04, 2019

What Are The Pros and Cons?

Today’s News Synopsis: Buying a property with past-due property tax bills?  Mortgage rates remained steady with 30-year rates now at 4.08% and 15-year rates at 3.56%.  Millennials are trading nice kitchen features for pizza and wine. In The News: Freddie Mac – “Mortgage Rates Remain Stable” (4-4-2019) “Freddie Mac (OTCQB: FMCC) today

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