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FHFA launches new refinancing program for low-income homeowners

FHFA launches new refinancing program for low-income homeowners

by Third Party | May 4, 2021 | Mortgage Information, News/Current Events

Source: Realty Biz News —  This week, the FHFA announced an upcoming program for low-income homeowners with government-backed mortgages to refinance at a lower rate in order to reduce the amount they have to pay back each month. FHFA said the program is aimed at...
Four Work-From-Home Strategies To Embrace For Your Real Estate Business

Four Work-From-Home Strategies To Embrace For Your Real Estate Business

by Third Party | May 4, 2021 | Mortgage Information, Real Estate Agent Tools, Real Estate News

Source: Forbes —  If you ask me, working from home is amazing. You can wear pajamas from the waist down, you have no commute and you can even sleep in. I understand that the process of reading on a train or after-work drinks with your co-workers has been lost,...
Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record

Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record

by Third Party | May 3, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: NBC News —  Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals....
Do buyers stand a chance in this heated real estate market?

Do buyers stand a chance in this heated real estate market?

by Third Party | May 1, 2021 | Mortgage Information, Real Estate News

Source: OC Register —  I read with great interest last week, Leslie Eskildsen’s column on a relatively new residential listing class known as Registered Status. If your unfamiliar – as was I – here are the Clif notes. A seller hires a broker to sell his house by...
New home sales battle: mortgage rates vs. lumber supply

New home sales battle: mortgage rates vs. lumber supply

by Third Party | Apr 29, 2021 | Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire —  Today the Census Bureau reported that in March 2021, new home sales were at a seasonally adjusted annual rate of 1,021,000. This number beats estimates. Additionally, major positive revisions were made to the sales number of the previous...
U.S. Home Prices Surge Most Since 2006 With Tight Inventory

U.S. Home Prices Surge Most Since 2006 With Tight Inventory

by Third Party | Apr 29, 2021 | Mortgage Information, Real Estate News

Source: Bloomberg —  U.S. home prices soared the most in 15 years, with low mortgage rates and a scant inventory of properties to buy fueling a tight housing market. Nationally, the S&P CoreLogic Case-Shiller index of property values climbed 12% in February...
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