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Mortgage lending nosedives, dropping 55% since last year

Mortgage lending nosedives, dropping 55% since last year

by Third Party | Mar 12, 2023 | Mortgage Information, News/Current Events

Source: Warwick Beacon —  After a wild couple of years in the housing market, things may finally be starting to cool. Fewer people took out mortgages at the end of last year, as sky-high home prices, costly mortgage rates, and consumer inflation limited buying...
Mortgage rates rise for the fifth-straight week

Mortgage rates rise for the fifth-straight week

by Third Party | Mar 12, 2023 | Mortgage Information, News/Current Events

Source: CNN Business —  Washington, DCCNN —  Mortgage rates edged further toward 7%, rising for the fifth consecutive week, as the Federal Reserve suggests rate increases will continue amid stubborn inflation. The 30-year fixed-rate mortgage averaged 6.73% in...
Real estate: A guide for new homebuyers

Real estate: A guide for new homebuyers

by Third Party | Mar 12, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Tahoe Daily Tribune —  You’ve made the brave decision to enter the real estate market and purchase your own home. Congratulations! Buying a home is a huge milestone. Now that you’re ready to take the plunge, we wanted to provide you with some tips and...
Editing fail shows estate agent’s photo trick

Editing fail shows estate agent’s photo trick

by Third Party | Mar 12, 2023 | News/Current Events, Real Estate Agent Tools

Source: news.com.au —  A real estate company has been caught uploading the unedited version of a photo advertising a Queensland home, prompting questions about where the line is drawn for false advertising in the housing market. Agents have long been cutting,...
A new scam is hitting Richmond’s housing market

A new scam is hitting Richmond’s housing market

by Third Party | Mar 12, 2023 | News/Current Events, Real Estate News

Source: Axios Richmond —  Local real estate associations are sounding the alarm on a new scam hitting the market: fraudulent listings of real lots and homes that aren’t actually for sale. Why it matters: This latest scam targets real estate agents and has...
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