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Buying and Selling Real Estate in Australia (Updated)

Buying and Selling Real Estate in Australia (Updated)

by Third Party | Jan 8, 2023 | International Real Estate News, Mortgage Information

Source: JDSUPRA —  KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER AUSTRALIAN LAW – The majority of land in Australia consists of freehold title. Registration of ownership of freehold title is recorded using the Torrens system. The Torrens system is a system...
Home prices are going down and seller concessions on the rise, realtors say

Home prices are going down and seller concessions on the rise, realtors say

by Third Party | Jan 7, 2023 | Mortgage Information, Real Estate News

Source: KGW8 News —  PORTLAND, Ore. — Portland real estate agents say the market is back into historical trends.  The two-year home buying frenzy has slowed down as interest rates have hit nearly 7% – something that’s stopped buyers from going all in...
Mortgage approvals fall to lowest level – BoE report

Mortgage approvals fall to lowest level – BoE report

by Third Party | Jan 6, 2023 | International Real Estate News, Mortgage Information

Source: MPA Mag —  Net borrowing of mortgage debt by individuals rose in November 2022, but mortgage approvals for house purchases fell to its lowest level since mid-2020, according to lending data released by the Bank of England (BoE) on Wednesday. The central...
When is an adjustable-rate mortgage a good idea?

When is an adjustable-rate mortgage a good idea?

by Third Party | Jan 6, 2023 | Mortgage Information, Real Estate Agent Tools

Source: Fortune —  Throughout 2022, mortgage interest rates steadily ticked upward in a march that priced many prospective homebuyers out of the market. The interest rate on a 30-year fixed-rate mortgage began last year at around 3.26%, and by the time December...
What’s ahead for the mortgage industry in 2023? United Wholesale Mortgage exec glimpses into the future

What’s ahead for the mortgage industry in 2023? United Wholesale Mortgage exec glimpses into the future

by Third Party | Jan 6, 2023 | Mortgage Information, Real Estate Agent Tools

Source: MPA—  Short of having a crystal ball, it’s difficult to predict the future. Indulging Mortgage Professional America with insight, a top executive at United Wholesale Mortgage took a shot at it. During a telephone interview with MPA, the company’s chief...
U.S. Home Price Insights – January 2023

U.S. Home Price Insights – January 2023

by Third Party | Jan 5, 2023 | Mortgage Information, U.S. Housing Market

Source: CoreLogic —  Introduction The CoreLogic Home Price Insights report features an interactive view of our Home Price Index product with analysis through November 2022 with forecasts through November 2023. CoreLogic HPI™ is designed to provide an early...
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