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Regulators done playing nice with mortgage servicers

Regulators done playing nice with mortgage servicers

by Third Party | Nov 13, 2021 | Industry Updates, Mortgage Information

Source: Housing Wire —  The federal government’s top regulators announced Wednesday that they are collectively resuming mortgage servicing supervisory and enforcement practices in full, ending certain flexibilities it offered mortgage servicers at the onset of...
Current Mortgage Rates Are Below 3% Again

Current Mortgage Rates Are Below 3% Again

by Third Party | Nov 12, 2021 | Industry Updates, Mortgage Information

Source: Crossroads Today —  The average rate for a 30-year fixed-rate mortgage dropped to 2.98% this week, according to Freddie Mac’s weekly survey. It’s the second week in a row where the average rate has declined and the first time it has dipped below 3% since...
Real Estate demands outpace the supply

Real Estate demands outpace the supply

by Third Party | Nov 12, 2021 | Industry Updates, Real Estate News

Source: KPCW —  Since the start of the COVID-19 pandemic, real estate prices in the Park City area have hit the stratosphere, while the number of homes for sale remains at record low levels. Park City Board of Realtors President Mark Jacobsen said there are no...
The latest twist in WNY’s hot real estate market: all-cash, no-mortgage offers

The latest twist in WNY’s hot real estate market: all-cash, no-mortgage offers

by Third Party | Nov 12, 2021 | Industry Updates, Mortgage Information

Source: Buffalo News —  When it comes to real estate deals, cash has always been king. Lately, though, it has been more like the emperor. With the market for homes tighter than ever, an unprecedented number of buyers have been turning to all-cash offers in hopes...
The Real Estate Battle: Millennials v Boomers

The Real Estate Battle: Millennials v Boomers

by Third Party | Nov 11, 2021 | Industry Updates, Real Estate News

Source: Local Houston and Texas News —    Those young couples beginning life’s journey and searching for that little starter home are finding a major obstacle in their way: Boomers not moving. Traditionally, at a certain age aging homeowners often downsize,...
What’s next for Knoxville’s housing market? Some bold and not so bold predictions

What’s next for Knoxville’s housing market? Some bold and not so bold predictions

by Third Party | Nov 11, 2021 | Industry Updates, Real Estate Agent Tools

Source: Knox News —  After months of unprecedented home sales and price appreciation, Knoxville’s housing market is finally beginning to slow down. What’s next for the real estate market? It’s uncertain, but history can provide us with insight about what...
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