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Wells Fargo is retreating from the mortgage market it once led

Wells Fargo is retreating from the mortgage market it once led

by Third Party | Jan 10, 2023 | Mortgage Information, News/Current Events

Source: CNN Business —  New York(CNN)Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and...
Should I Consider 3.75% A Good Mortgage Rate?

Should I Consider 3.75% A Good Mortgage Rate?

by Third Party | Jan 10, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Value Walk —  Are you considering buying a home but unsure what mortgage rate to go with? Is 3.75% a good mortgage rate? It depends on several factors, including location and the market you are buying.  3.75% is considered a good mortgage rate. This...
According to Ramit Sethi, These Are the Real Questions You Should Be Asking When Buying a Home

According to Ramit Sethi, These Are the Real Questions You Should Be Asking When Buying a Home

by Third Party | Jan 10, 2023 | Mortgage Information, Real Estate Agent Tools

Source: The Ascent —  You don’t want to rush into buying a home or make the decision to purchase for the wrong reasons. As a result, it’s important to think carefully about certain key issues before moving forward with getting a mortgage and signing...
Dave Ramsey Says You Should ‘Never’ Buy a House in This Situation. Here’s Why He’s Right

Dave Ramsey Says You Should ‘Never’ Buy a House in This Situation. Here’s Why He’s Right

by Third Party | Jan 9, 2023 | Mortgage Information, Real Estate Agent Tools

Source: The Ascent —  Buying a house is something many people look forward to. But, while this purchase can be one of the best of your life, it can also be one of the worst if you jump into property ownership before you are financially ready to take on...
Mortgage payers face squeeze in 2023 after UK interest rate rises

Mortgage payers face squeeze in 2023 after UK interest rate rises

by Third Party | Jan 9, 2023 | International Real Estate News, Mortgage Information

Source: The Guardian —  Homeowners with mortgages will be among the biggest losers from the cost of living crisis in 2023 due to interest rate rises, while the wealthiest UK households will benefit from better returns on savings and investments, according to...
Housing market: More and more home sellers dangle incentives to get buyers, study finds

Housing market: More and more home sellers dangle incentives to get buyers, study finds

by Third Party | Jan 9, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Yahoo! News —  The share of home sellers offering concessions to close a deal jumped in the final three months of 2022, a new report found. That was before sellers resorted to cutting their listing price to attract buyers. Approximately 42% of homes sold...
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