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Survey finds Americans wildly misinformed on housing market

Survey finds Americans wildly misinformed on housing market

by Third Party | Jan 24, 2023 | Mortgage Information, News/Current Events, U.S. Housing Market

Source:The Hill —  A new survey finds Americans are woefully misinformed about the nation’s mercurial housing market, even as millions of them prepare to buy homes. Twenty-eight million Americans plan to purchase a home in 2023, according to a survey released...
The 10 largest mortgage lenders in the U.S.

The 10 largest mortgage lenders in the U.S.

by Third Party | Jan 24, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Bankrate —  Mortgage rates have been volatile in recent months, but the roster of the biggest and most active mortgage lenders has stayed stable in the past year. Rocket Mortgage and United Shore Financial remained first and second by volume of loans...
Mortgage Rates Drop to Lowest Point in 4 Months

Mortgage Rates Drop to Lowest Point in 4 Months

by Third Party | Jan 23, 2023 | Mortgage Information, News/Current Events, Real Estate Agent Tools

Source: U.S. News —  The average 30-year fixed mortgage rate fell to 6.46% this week, the lowest it’s been since September 2022. Mortgage rates declined across the board this week, with the average fixed rate on a 30-year mortgage falling to 6.46%. This is...
How to Price Your Home Correctly in Massachusetts

How to Price Your Home Correctly in Massachusetts

by Third Party | Jan 22, 2023 | Mortgage Information, Real Estate Agent Tools

Source: MassRealty —  Proper Housing Pricing in Massachusetts is Essential It can be challenging to price your home correctly, but with some preparation and helpful tips, you can make the process as smooth as possible. When it comes to pricing a home in...
Letter to the editor: How do I tell the difference between a business and consumer mortgage?

Letter to the editor: How do I tell the difference between a business and consumer mortgage?

by Third Party | Jan 22, 2023 | Mortgage Information, Real Estate Agent Tools

Source: firsttuesday Journal —  Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than a...
Mortgage rates drop to the lowest level since September: Freddie Mac

Mortgage rates drop to the lowest level since September: Freddie Mac

by Third Party | Jan 22, 2023 | Mortgage Information, News/Current Events

Source: Fox Business —  Mortgage rates dropped further last week to the lowest level since September, creating more opportunities for homebuyers, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan....
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