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First-Time Homebuyer Loans & Programs

First-Time Homebuyer Loans & Programs

by Third Party | May 27, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Point2Homes —  Buying a home might seem simple, but there’s actually a lot more involved than you might initially think. For instance, in addition to a variety of new terms to understand, there’s also paperwork to complete and fees to pay before closing...
What is Landlord Insurance, and How Does it Work?

What is Landlord Insurance, and How Does it Work?

by Third Party | May 25, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Point 2 Homes —  What is Landlord Insurance? Landlord insurance is a policy that is specifically designed to protect owners of rental properties. There are different levels of coverage, but for the most part, the policy is aimed at non-owner-occupied...
Combating Wire Fraud In The Mortgage Industry

Combating Wire Fraud In The Mortgage Industry

by Third Party | May 25, 2021 | Mortgage Information, Real Estate News

Source: Forbes —  As real estate transactions have moved online, so have scammers who hope to intercept money that’s meant for down payments and funding loans. According to the FBI’s 2020 Internet Crime Report, nearly 14,000 people fell victim to...
Buying vs. Renting — How the 5% Rule Can Help You Decide

Buying vs. Renting — How the 5% Rule Can Help You Decide

by Third Party | May 24, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Point 2 Homes—  The 5% rule was coined by Canadian investment portfolio manager Ben Felix. It stems from the general consensus among potential homebuyers that if you can afford to make mortgage payments that are equal or less than what you’re paying in...
Rate-Conscious Homeowners Are Repeatedly Refinancing Their Mortgages. Is Another Refi Right for You?

Rate-Conscious Homeowners Are Repeatedly Refinancing Their Mortgages. Is Another Refi Right for You?

by Third Party | May 21, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Money —  Carlos Barros was elated when he refinanced his mortgage back in May 2020, locking in a 3.125% rate and reducing his monthly payments by about $220. Unfortunately, the feeling didn’t last long. “Just a week or so after I closed on my refinance —...
Senators reintroduce bill to allow remote online notarizations

Senators reintroduce bill to allow remote online notarizations

by Third Party | May 21, 2021 | Industry Updates, Mortgage Information, Real Estate News

Source: Housing Wire —  Could it finally be happening? Senators Mark Warner (D-Va.) and Kevin Cramer (R-N.D.) have reintroduced federal legislation that would allow remote online legislation (RON) nationwide.  Dubbed the Securing and Enabling Commerce Using...
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