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Why Some Rate Quotes Are So Different And Why “Points” Are On The Rise

Why Some Rate Quotes Are So Different And Why “Points” Are On The Rise

by Third Party | May 9, 2022 | Industry Updates, Mortgage Information, News/Current Events

Source: Mortgage News Daily —  It was yet another tough week for the mortgage market with rates rising to their highest levels since 2009, but how high have they actually risen? There’s a correct answer and then there’s the answer that can be gleaned from...
Appraised Value vs. Market Value: They Are Not the Same!

Appraised Value vs. Market Value: They Are Not the Same!

by Dan Harkey | May 9, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

By Dan Harkey Real Estate & Private Money Finance Consultant m: 949 533-8315  | e: [email protected] There are multiple methods for determining a property’s value, including market value and appraised value. There are also numerous definitions of value conclusions...
TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER

TO BEST SERVE CONSUMERS, REALTORS® MUST HAVE THEIR OWN FINANCIAL HOUSE IN ORDER

by Third Party | May 9, 2022 | Industry Updates, Real Estate Agent Tools, Real Estate News

Source: RisMedia —  A quick look at the U.S. housing market earlier this winter indicated some cooling from the early days of the pandemic. In February, the National Association of REALTORS® (NAR) reported that existing home sales were down 7.2%. This came on...
Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief

Housing Market Update: More Sellers Drop Their Prices, But Buyers Find Little Relief

by Third Party | May 9, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Redfin —  The share of home sellers who dropped their asking price shot up to a six-month-high of 15% for the four weeks ending May 1, up from 9% a year earlier. The 5.9% increase is the largest annual gain on record in Redfin’s weekly housing data back...
Here’s a Smart Strategy to Make Your Small Living Room Feel Larger, According to an Expert

Here’s a Smart Strategy to Make Your Small Living Room Feel Larger, According to an Expert

by Third Party | May 8, 2022 | Industry Updates, Real Estate Agent Tools

Source: Apartment Therapy —  If you have a small living space, there’s not much you can do about longing for enough seating to accommodate all your guests or a space large enough to fit that extra-large couch you’ve been eyeing. However, you can make your living...
The Fed just hiked interest rates and signaled more increases are coming. Here are money moves to make now

The Fed just hiked interest rates and signaled more increases are coming. Here are money moves to make now

by Third Party | May 8, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: CNBC —  For the first time in years, Americans are in a period of rising interest rates. The Federal Reserve on Wednesday raised its benchmark rate a half-point, to cool down inflation that’s the highest consumers have seen in 40 years. In addition, Fed...
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