Apr 02, 2020

NAR To Roll Out Pocket Listing Policy On Track

Today’s News Synopsis: Several MLS’s adding “coming soon” listings.  Mortgage rates decreased again with 30-year rates now at 3.33% and 15-year rates at 2.82%.  Despite businesses being affected by the pandemic, online notaries are helping complete transactions. In The News: Freddie Mac – “Mortgage Rates Drop Again” (4-2-2020) “Freddie Mac (OTCQB: FMCC) today

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Mar 26, 2020

How to Reach Out To Your Neighbors Who Need It

Today’s News Synopsis: Coronavirus and Loneliness.  Mortgage rates decreased this week with 30-year rates now at 3.5% and 15-year rates at 2.92%.  The market is being slowed by stay-at-home orders. In The News: Freddie Mac – “Mortgage Rates Drop” (3-26-2020) “Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market

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Mar 19, 2020

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

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Mar 12, 2020

Maybe It’s Your Fault

Today’s News Synopsis: Why is the perfect home so hard to find?  Mortgage rates went up slightly with 30-year rates now at 3.36% and 15-year rates at 2.77%.  Due to the coronavirus pandemic, 1 in 4 home sellers have changed the way the home is viewed. In The News: Freddie

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Mar 05, 2020

House Flipping Profits, Though, Not So Much. 8-Year Low

Today’s News Synopsis: House flipping hits an 8 year high.  Mortgage rates are at a record low with 30-year rates now at 3.29% and 15-year rates at 2.79%.  The desire for millennials to buy a home is similar to that of the silent generation. In The News: Freddie Mac – “Mortgage Rates

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Mar 03, 2020

Home Construction Divided By Political Parties

Today’s News Synopsis: More multifamily home construction took place in the blue states where more people voted for Hillary, while more single-family homes were built in the red states after Trump’s win.  Mortgage delinquencies for commercial and multifamily properties remained low in the fourth quarter last year.  Home prices increased

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Feb 27, 2020

For Some, It’s Right Up “Meme” St.

Today’s News Synopsis: Mixing humor with marketing.  Freddie Mac reported mortgage rates decreased this week with 30-year rates now at 3.45% and 15-year rates at 2.95%.  However, they may not hit an all-time low.  What is the best time to list your property? In The News: Zillow – “Listing in Early

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Feb 20, 2020

Co-Buy or No Buy

Today’s News Synopsis: How are millennials affording homes without their parents’ help?  Mortgage rates changed very little with 30-year rates now at 3.49% and 15-year rates at 2.99%.  Foreclosure activity increased 13% last month, marking the second month in a row to see an increase in foreclosures. In The News:

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Feb 13, 2020

Refi’s Boom But Home Buyers Don’t Reap The Same Benefits

Today’s News Synopsis: Low mortgage rates won’t help home buyers much.  Home prices increased 7% last month as housing supply decreased by 7%.  Mortgage rates increased slightly with 30-year rates now at 3.47% and 15-year rates at 2.97%   In The News: Freddie Mac – “Mortgage Rates Tick Up Slightly” (2-13-2020)

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Feb 11, 2020

They’re Not Where You Think

Today’s News Synopsis: What are the most favorable markets for tech expansion?  The fourth quarter saw an 8.8% increase in new home sales, the biggest increase in over two years.  Where are the best places to live in 2020? In The News: Redfin – “New-Home Sales Surge in the Fourth Quarter

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