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Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009

Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009

by Third Party | Apr 28, 2022 | Mortgage Information, News/Current Events

Source: CNBC —  Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell 8.3% last week compared with the previous...
Buying a Home As Is? Watch for These 7 Red Flags

Buying a Home As Is? Watch for These 7 Red Flags

by Third Party | Apr 28, 2022 | News/Current Events, Real Estate News

Source: Realtor —  If you’re shopping in today’s uber-competitive housing market, you’ve likely seen homes listed as is for sale. And while you should approach any house being sold under this term with caution, buying a home as is doesn’t necessarily mean you’re...
Home prices up 20% in February, but may slow down, a national home price index says

Home prices up 20% in February, but may slow down, a national home price index says

by Third Party | Apr 28, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: KSL —  SALT LAKE CITY — Home prices in major cities across the nation increased 19.8% in February year over year, according to the latest figures reported Tuesday from the S&P CoreLogic Case-Shiller national home price index. That’s up from a...
For Want Of Real Estate License A Contract Is Voided

For Want Of Real Estate License A Contract Is Voided

by Third Party | Apr 28, 2022 | News/Current Events, Real Estate Agent Tools

Source: National Law Review —  Yesterday, I discussed the confused characterization of the defendant in Carbon Crest, LLC v. Tencue Productions, LLC, 2022 U.S. Dist. LEXIS 66676.  The case is nonetheless a good reminder that those who sell “business...
A Rising Star

A Rising Star

by Third Party | Apr 27, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools

Source: Housing Wire —  When it comes to commercial real estate, the post-pandemic economy has grounded some asset classes while others are now rising stars. Multifamily and industrial are two sectors proving especially resilient to recent economic hardships....
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