The end of a burdensome housing policy, the launch of a deed theft prevention agency, and Alaskan homeowners carrying more mortgage debt. From the wild and wooly world of real estate, here are the Hits and Misses for the week of April 27-May 1. Hit: Good Intentions,...
The Pennsylvania Housing Finance Agency (PHFA) has rolled out Keystone – Due At Time of Expiration (K-DATE), a new home purchase assistance loan designed to offer downpayment and closing cost assistance with 0% interest and no monthly payments. According to the PHFA,...
Realtracs, Tennessee’s largest MLS with more than 19,000 professionals across six states, has expanded its coverage nationwide. The company announced Compass International Holdings (NYSE: COMP) and United Real Estate have committed to contributing their listings to...
Sales in San Francisco’s luxury home market recorded a 22% year-over-year spike in March, marking the fifth straight month of double-digit increases and the third-biggest increase among the nation’s 50 most populous metros. According to data from Redfin, the surge in...
After three consecutive weeks of declines, mortgage rates took an upturn in the latest Primary Mortgage Market Survey published by Freddie Mac (OTCQB: FMCC). The 30-year fixed-rate mortgage averaged 6.30% as of April 30, up from last week when it averaged 6.23%. A...
The national median payment made by purchase loan applicants in March increase to $2,131 from $2,061 in February. According to a data report from the Mortgage Bankers Association (MBA), the median payment was down by $43 from one year ago, equal to a 2.0% decrease....