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Virtual mortgage closings took off during COVID-19. Why e-closings with online lawyers will soon be the norm

Virtual mortgage closings took off during COVID-19. Why e-closings with online lawyers will soon be the norm

by Third Party | Aug 18, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: The Globe And Mail —  If you’re a looking for a small silver lining in the global pandemic, you’ll find one in the way that COVID-19 inspired faster mortgage closings. When mass contagion made face-to-face lawyer visits less palatable, virtual closings...
Mortgage rates drop amid signs that inflation may have finally peaked

Mortgage rates drop amid signs that inflation may have finally peaked

by Third Party | Aug 18, 2022 | Industry Updates, Mortgage Information, News/Current Events, Real Estate News

Source: CNN —  Mortgage rates ticked lower last week, falling back toward the 5% mark following economic reports that indicated inflation might have finally peaked. The 30-year fixed-rate mortgage averaged 5.13% in the week ending August 18, down from 5.22% the...
Paying too much for mortgage insurance You may have money eligible for claims

Paying too much for mortgage insurance You may have money eligible for claims

by Third Party | Aug 18, 2022 | Industry Updates, Mortgage Information, Real Estate News

Source: Bolly Inside —  Thousands of Texans who overpaid their mortgage insurance are eligible for millions of dollars from the U.S. Department of Housing and Urban Development. That was a moment of happiness.Wendy Young found more than $1,700 of her money in a...
How much of your income should you spend on your mortgage?

How much of your income should you spend on your mortgage?

by Third Party | Aug 18, 2022 | Mortgage Information, Real Estate Agent Tools, U.S. Housing Market

Source: Money Mag —  Property prices may have started to retreat from their recent highs, but there’s no denying that purchasing a home has become a more and more expensive undertaking in recent years. In fact, since June 2020, the average Australian...
How much are loyal borrowers missing out amid rate rises?

How much are loyal borrowers missing out amid rate rises?

by Third Party | Aug 17, 2022 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: Your Mortgage —  Homeowners who are not making any changes to their current home loans over the past few months could be missing out on potential savings. According to the Lendi Loyalty Index, banks are charging new customers rates that are 86bps lower...
Staying defensive with dividends and real estate

Staying defensive with dividends and real estate

by Third Party | Aug 17, 2022 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: London South East —  Aug 16 – Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at [email protected] STAYING DEFENSIVE WITH DIVIDENDS AND REAL ESTATE...
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