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Diesel price surge fuels construction inflation alert

Diesel price surge fuels construction inflation alert

by Third Party | Apr 21, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: Construction Dive —  The news adds to overall inflation woes, as the Consumer Price Index jumped 8.5% in March, its highest spike since 1981. The AGC’s construction alert was the seventh pricing alarm Simonson has sounded since March 2021. Before...
Liens and Encumbrances Affecting Real Property Ownership

Liens and Encumbrances Affecting Real Property Ownership

by Dan Harkey | Apr 20, 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]  What is a Lien? A lien is a legal right or claim against real property, referred to as a security interest. The lien is given or conveyed to a creditor (lender)...
Marketing Takes More Than a Keyboard

Marketing Takes More Than a Keyboard

by Third Party | Apr 20, 2022 | Industry Updates, Real Estate Agent Tools

Source: Scotsman Guide —  There are countless ways to build your business pipeline. Any experienced mortgage originator can give you a laundry list of detailed methods — all geared toward connecting with referral partners and learning about consumers. From...
Homeownership by Education: Degree-Holding Owners Surge as Those Without High School Drop 30%

Homeownership by Education: Degree-Holding Owners Surge as Those Without High School Drop 30%

by Third Party | Apr 20, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  Although there are 4% fewer owned homes in the United States than there were in 2010, an increasing share belongs to highly educated people. And, with Millennials cementing their status as a driving force during the last decade, the life...
FHA adds 40-year loan term to COVID-19 arsenal

FHA adds 40-year loan term to COVID-19 arsenal

by Third Party | Apr 20, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  The Federal Housing Administration told mortgage servicers that they can now offer a 40-year loan term as a COVID-19 recovery option. Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest...
Homebuilder sentiment drops for fourth straight month, as rising rates push housing to ‘an inflection point’

Homebuilder sentiment drops for fourth straight month, as rising rates push housing to ‘an inflection point’

by Third Party | Apr 19, 2022 | Industry Updates, News/Current Events, Real Estate News

Source: CNBC —  Sharply rising mortgage rates are taking their toll on the nation’s homebuilders, as already pricey new construction becomes even less affordable.  Builder confidence in the market for new single-family homes fell 2 points to 77 in...
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