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Majority of Relocation Activity Points to Southeast
The most move-outs were from Los Angeles and the San Francisco Bay Area. Continue Reading Majority of Relocation Activity Points to Southeast
Iowa Realtors to Offer Financial Assistance to Residents Impacted by Tornadoes
The relief grants are contingent upon the availability of funds. Continue Reading Iowa Realtors to Offer Financial Assistance to Residents Impacted by Tornadoes
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
David L. Messenger to Step Down as CFO at Century Communities
J. Scott Dixon, the company’s assistant CFO, will take over Messenger’s role on an interim basis. Continue Reading David L. Messenger to Step Down as CFO at Century Communities
Berkshire Bank to Sell 10 Branches in Upstate New York
Berkshire’s overall branch footprint will be reduced from 96 to 86 locations. Continue Reading Berkshire Bank to Sell 10 Branches in Upstate New York
Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
The $240 million deal consisted of 370 RTLs that financed approximately 527 housing units. Continue Reading Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
Mortgages tied to ‘green’ home improvements considered by UK
Source: The Guardian --- The government is exploring plans to link mortgages to green home improvements by imposing targets for lenders, to help decarbonise the UK’s ageing and leaky housing stock. Highlighting the move in its net zero strategy, published on Tuesday,...
Current mortgage rates for Oct. 19, 2021: Rates cool off
Source: CNET --- Today a number of important mortgage rates declined. Let's see how that could affect your home loan payments. A few closely followed mortgage rates fell today. Average 15-year fixed mortgage rates climbed, while average 30-year fixed mortgage rates...
What happened when the SBA ran out of small-business real estate loan money
Source: North Bay Business Journal --- For the first time in its history, the U.S. Small Business Administration ran out of money to lend for real estate and equipment acquisitions. The funds in the 504 program were exhausted as of Sept. 7 for the 2020–2021 fiscal...
Zillow takes a break from flipping houses
Source: LA Times --- Zillow Group Inc. is taking a break from buying U.S. homes after the online real estate giant’s pivot into tech-powered house flipping hit a snag. Zillow, which acquired more than 3,800 homes in the second quarter, will stop pursuing new home...
Reverse Mortgage Refinances Remain Near 50% of Volume in August
Source: Reverse Mortgage Daily --- Home Equity Conversion Mortgage (HECM)-to-HECM refinances remained at nearly 50% of total reverse mortgage industry endorsement volume in September 2021, according to the newest HECM Endorsement Analytics report published late last...
Can You Negotiate Real Estate Agent Fees?
Source: Motley Fool --- The quick answer? Yes. But it's not that simple. If you're gearing up to sell your home, you may not want to go it alone. Listing and marketing a home can be time consuming, and there are complexities in negotiating with buyers. That's why so...
Mortgage rates top 3% again — and this time they’re not likely to go back down
Source: Yahoo Finance --- Mortgage rates, which recently dipped below 3% again — delighting home shoppers and homeowners looking to save on a refinance — have surged back above that line, according to a long-running and closely followed survey. The increase is...
Should you refinance your mortgage now? Consider these factors
Source: The Seattle Times --- The Federal Reserve recently announced that it plans in the next few months to hike interest rates and ease up on buying bonds, measures it put in place to prop up the economy during the pandemic. That could mean that the days of...
Major Mortgage Lender Scraps Plan to Accept Bitcoin
Source: Motley Fool --- Sorry, you can't pay your home loan with Bitcoin just yet. There are a lot of questions surrounding even the best cryptocurrencies like Bitcoin. Are they a viable long-term investment? Or will they crash and burn? And will they become a widely...
Helpful tips for homebuyers in seller’s market
Source: Washington Blade --- Without question, 2021 was a great year for home sales. Sellers across the country, in many cases, found themselves listing their homes and quickly having not just one, but multiple offers, many of which were at asking price or above. With...
