Real Estate Industry News & Insights
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MBA Education To Debut Residential Educator of the Year Award
Applications for the new award are being accepted through July 1. Continue Reading MBA Education To Debut Residential Educator of the Year Award
27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases
“The policy will take money away from the people who played by the rules and did things right,” said the fiscal officers in their letter of protest. Continue Reading 27 States Ask Biden and FHFA to Scrap Mortgage Fee Increases
The Latest Inflation Numbers Are Good News for Mortgage Rates
Source: Money --- Hope for relief from rapidly rising mortgage rates was revived this week when October inflation numbers came in lower than expected. Consumer prices continued to increase last month but at a slower pace than at any other point this year. The latest...
It’s a terrible time to buy a house. Here’s what to know if you have to do it anyway
Source: CNN Business --- There is no sugarcoating it: This is a terrible time to buy a home. Mortgage rates for a 30-year fixed rate loan are now hovering above 7%, more than 4 percentage points higher than a year ago. That has slashed a typical buyer’s purchasing...
If the value of your home is depreciating, you could have an upside down mortgage — here’s what you should know
Source: CNBC --- Buying a home often seems like a promising strategy to build wealth since your monthly mortgage payments can help you build equity, and home values typically appreciate over time. However, sometimes due to housing market conditions, your home’s value...
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