Source: MPA Mag — The mortgage industry has seen better days. Volatile interest rates fueled by inflation have created a climate where the average loan officer is now closing less than one loan per month with refinance locks plummeting to a low not seen in more...
Source: The Ascent — In August 2020, the average 30-year mortgage rate fell to under 3%. Since I had a higher interest rate than that on my existing mortgage loan, I decided to jump on the opportunity to refinance. And at first, my thinking was that doing so...
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market’s continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the...
Source: Nasdaq — When you’re buying a house, you need to set a realistic budget. But it can sometimes be hard to figure out how to do that. While it may be tempting to allow the bank to just look at your finances and tell you how large your mortgage...
An overwhelming share of Americans who sold a home for the first time in the past two years wish they had done something differently (84%). A new Zillow® survey conducted online by The Harris Poll finds that even in a sellers’ market, many recent first-time...
Opteon, an international provider of valuation, advisory, and property services, has announced the expansion of its direct-to-consumer business model. This expansion will provide homeowners and buyers, as well as real estate, legal, and tax professionals, with the...