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What Is Private Mortgage Insurance? Here’s Everything Homebuyers Need to Know

What Is Private Mortgage Insurance? Here’s Everything Homebuyers Need to Know

by Third Party | Jun 11, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: CNET —  If you make a down payment of less than 20% on your home, you’ll probably have to purchase private mortgage insurance. When you make a smaller down payment, lenders tend to consider you a higher-risk candidate for a mortgage, and the PMI...
The 5 Things Nobody Tells You About Buying a House on a Lake

The 5 Things Nobody Tells You About Buying a House on a Lake

by Third Party | Jun 11, 2022 | News/Current Events, Real Estate Agent Tools, Real Estate News

Source: Apartment Therapy —  Taking the plunge on waterfront life involves more than just a hefty price tag. For all the perks of buying a lake house (of which there are many!) there are also a few tedious downsides that need to be considered and budgeted for...
CoreLogic: Home-price growth sets another record but should cool soon

CoreLogic: Home-price growth sets another record but should cool soon

by Third Party | Jun 11, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Scotsman Guide —  Nationwide home prices grew 20.9% year over year in April as buyers continue to race against increasing mortgage rates in an effort to fine affordable homes, according to CoreLogic. The annual price gain in the company’s most recent...
Luxury Homes Are in High Demand

Luxury Homes Are in High Demand

by Third Party | Jun 11, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: Keeping Current Matters —  As people realize their needs are changing, some are turning to luxury housing to find their dream home. Investopedia helps define what pushes a home into this category. In a recent article, they point out that a luxury home...
Are home prices about to fall?

Are home prices about to fall?

by Third Party | Jun 11, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Housing Wire —  We are at the point of the economic cycle where I really just get two questions: Are we going into recession and are home prices about to fall? I am going to do my best to try to make sense of what is happening with the housing market...
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