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This Cost-Lowering Idea Could Prove Risky

This Cost-Lowering Idea Could Prove Risky

by Third Party | Feb 15, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Scotsman Guide —  The Federal Housing Finance Agency, Fannie Mae and Freddie Mac are taking steps to ensure that everyone has access to affordable housing — especially low- and moderate-income families. Certain components of these initiatives, however,...
Want a Lower Interest Rate? Try This Strategy

Want a Lower Interest Rate? Try This Strategy

by Third Party | Feb 14, 2023 | Mortgage Information, Real Estate Agent Tools

Source: The Ascent —  With mortgage rates hitting 20-year highs, the monthly payment for a $500,000 home is $1,000 higher than it was for the same loan a year ago. Are you looking for ways to lower your monthly mortgage payments? A mortgage buydown may be the...
Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone

Single Renters pay a ‘singles tax’ of nearly $7,000 for living alone

by Leora Ruzin | Feb 13, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News, U.S. Housing Market

Zillow has uncovered a heartbreaking truth for apartment-hunting singles: Renters living in a one-bedroom on their own face a yearly “singles tax” of nearly $7,000, according to an analysis by Zillow.   While singles across the country pay a high...
Rocket Companies Announces CEO Transition Plan

Rocket Companies Announces CEO Transition Plan

by Leora Ruzin | Feb 13, 2023 | Mortgage Information, Real Estate News

ay Farner, CEO of Rocket Companies, plans to retire from his position effective June 1, 2023 after 27 years with the company. Rocket Companies is a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services...
Alliance Bring $3.8M in Affordable Housing Funding to DC Suburb

Alliance Bring $3.8M in Affordable Housing Funding to DC Suburb

by Leora Ruzin | Feb 13, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools, U.S. Housing Market

Home buyers in search of affordable housing in the DC Metro may find more homes in their price range soon. The City of Falls Church has launched an Affordable Homeownership Program (CFCAHP), which will make $3.8 million available to support affordable homeownership....
Does being married help or hinder when it comes to a mortgage?

Does being married help or hinder when it comes to a mortgage?

by Third Party | Feb 13, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Yahoo! News —  With Valentine’s Day on the horizon, and the inevitable influx of proposals and engagements that come along with it, it’s worth knowing whether tying the knot has an impact when it comes to buying a new home. We asked some experts...
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