Real Estate Industry News & Insights
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Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger
Both firms will operate under the Stratmor brand. Continue Reading Mortgage Advisory Firms Stratmor Group and Teraverde Announce Merger
Donald R. Horton, Founder and Chairman of Homebuilder D.R. Horton, Dies at 74
Horton served as the company’s chairman since it was formed in July 1991. Continue Reading Donald R. Horton, Founder and Chairman of Homebuilder D.R. Horton, Dies at 74
Jay Olander Joins Capital Square as President and CFO
Olander also serves as chief financial officer and treasurer of Capital Square Apartment REIT Inc. Continue Reading Jay Olander Joins Capital Square as President and CFO
$37 Million Refinancing Secured for Texas Multifamily Property
The terms of the five-year loan include 6.23% interest only and a spread of 1.68%. Continue Reading $37 Million Refinancing Secured for Texas Multifamily Property
Carl Harris Elected 2024 Chairman of National Association of Home Builders
He is co-founder and vice president of the Carl Harris Co. Inc. and managing partner of Harris Homes Continue Reading Carl Harris Elected 2024 Chairman of National Association of Home Builders
Should You Waive a Home Inspection in a Hot Real Estate Market?
Source: AARP --- Mary O’Grady’s real estate agent had some disconcerting advice when she was looking to buy a house last year. “She said, ‘If you don’t waive an inspection, your bid probably won’t even get considered,’ ” recalls O’Grady, 67, from Rochester, New York....
Commercial Mortgages: Real estate developers have plenty to worry about with the current economy
Source: Richmond Times Dispatch --- Ray LaMontagne most likely wasn’t referring to real estate in his song titled “Trouble” featured in an iconic Travelers Insurance commercial where a dog frets about a good place to hide his bone with the lyrics “worry just won’t...
Revealed: The best mortgage lenders of 2021
Source: Which --- First Direct and Nationwide Building Society have been named the best mortgage lenders of 2021, based on a combination of customer feedback and Which? analysis of the best deals on the market. We spoke to more than 3,500 homeowners and analyzed...
Vulnerable U.S. homeowners face uncertainty as mortgage forbearance ends
Source: Reuters --- Close to half a million low-income homeowners in the United States, many of them minorities, are nearing the end of mortgage forbearance plans that allowed them to halt loan payments during the pandemic, presenting a test for the mortgage service...
This Is the Average Mortgage Borrowers Are Taking Out. Can You Afford It?
Source: The Fool --- Home prices are on the rise. And now, so are mortgage balances. Anyone who's been following the residential real estate market knows that home values keep climbing as limited inventory and low mortgage ratescontinue to drive buyer demand up. In...
Buying a house from across the country comes with a unique set of challenges
Source: USA Today --- Buying a house at any time can be stressful. But when relocating from one part of the country to another in a competitive seller’s market, the process poses even more hurdles to overcome. Just ask Adam and Mariah Cooke. The couple had been...
What is mortgage prequalification, and is it mandatory?
Source: Business Insider --- Do you think you'll be ready to buy a home soon? Then you may want to apply for mortgage prequalification with a lender. The process is quick and free, and you can usually apply online. What is mortgage prequalification? Mortgage...
Mortgage demand falls as rates rise to highest level since July
Source: CNBC --- Higher interest rates took some recent wind out of the sails in the mortgage market. After gains the previous week, total mortgage application volume fell 1.1% last week from the previous week, according to the Mortgage Bankers Association’s...
Mortgage rates rise slightly, but you still have a window to snag a COVID deal
Source: Yahoo Finance --- It’s inevitable, homeowners: The pandemic-fueled low mortgage rate party will come to an end. The economy's open, more than 2 million jobs were created in the last three months, and COVID-19 relief programs are being allowed to wind down and...
4 must-dos when refinancing into an ultra-low mortgage rate
Source: Yahoo Finance --- Mortgage rates remain at levels that might have seemed unthinkable just two years ago. Thirty-year home loans can still be found at rates far below 3%. If you’re a homeowner with an existing mortgage, you might want to consider refinancing...












