Top Headlines
Aurumys Expands Brokerage into Kansas City Market
The office will be led General Manager Khorey Kilgore. Continue Reading Aurumys Expands Brokerage into Kansas City Market
Square Financial Services Launches Grant Initiative for Utah Community Development
Grants will be used to finance affordable housing, small business development and entrepreneurship. Continue Reading Square Financial Services Launches Grant Initiative for Utah Community Development
Multifamily Developer Wood Partners Enters RI and NH Markets
Both properties are expected to deliver their first units in the Spring of 2025. Continue Reading Multifamily Developer Wood Partners Enters RI and NH Markets
NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
The phony deed claimed the unlikely partners were “relatives or former relatives.” Continue Reading NYC Register Approves Fake Deed Listing Ivanka Trump and Hillary Clinton as Real Estate Partners
Douglas Elliman Released from Batton 2 Lawsuit
Howard Hanna and HomeServices of America were previously voluntarily dismissed from the two Batton homebuyer commission lawsuits. Continue Reading Douglas Elliman Released from Batton 2 Lawsuit
15-year mortgages – back in the spotlight but are they the right choice?
Source: MPA Mag --- With interest rates rising in light of inflation, some would-be homeowners are eyeing 15-year mortgages in lieu of the traditional 30-year variety to build equity quicker. But one industry veteran urges caution against the option unless one is...
What Real Estate Investors Need to Know About the 2% Rule
Source: Yahoo! --- There are several metrics you can use to evaluate whether a rental property investment has potential, including the 2% rule. The 2% rule in real estate dictates that a property’s rental income should be at least 2% of the purchase price....
The Difference Between a 3% and 7% Mortgage Rate: $1,000 Per Month
Source: NAHB --- As the Federal Reserve continues to fight inflation, mortgage rates increased rapidly in 2022, starting the year at 3% and rising above 7% before dropping back to roughly 6.5% at the end of the year. How do rapidly rising mortgage rates affect housing...
What are mortgage origination fees?
Source: Fortune --- For most prospective home buyers, obtaining a mortgage is an essential part of the home buying process. And getting quotes from multiple lenders in order to ensure you secure the most competitive and affordable mortgage possible is nearly as...
Mortgage Lenders: The 2023 Purchase Market Is Your Moment
Source: Forbes --- It’s time for mortgage lenders to stop comparing 2022 volume and 2023 projections to the refinance-fueled record fundings of 2020 and 2021. The pandemic refi boom is long over, and while home buyers who need mortgages are still absorbing this year’s...
Divvy Homes review
Source: Bankrate --- If you dream of owning your own home but aren’t quite ready for a mortgage, Divvy could be an ideal option. The company’s rent-to-own business model aims to make homeownership more accessible to individuals with past financial challenges or...
Wells Fargo is retreating from the mortgage market it once led
Source: CNN Business --- New York(CNN)Wells Fargo, long one of the biggest players in the mortgage business, is taking a big step back. The scandal-ridden bank announced a significant shift on Tuesday to focus its mortgage business on serving bank customers and...
Should I Consider 3.75% A Good Mortgage Rate?
Source: Value Walk --- Are you considering buying a home but unsure what mortgage rate to go with? Is 3.75% a good mortgage rate? It depends on several factors, including location and the market you are buying. 3.75% is considered a good mortgage rate. This number...
According to Ramit Sethi, These Are the Real Questions You Should Be Asking When Buying a Home
Source: The Ascent --- You don't want to rush into buying a home or make the decision to purchase for the wrong reasons. As a result, it's important to think carefully about certain key issues before moving forward with getting a mortgage and signing an agreement to...
Dave Ramsey Says You Should ‘Never’ Buy a House in This Situation. Here’s Why He’s Right
Source: The Ascent --- Buying a house is something many people look forward to. But, while this purchase can be one of the best of your life, it can also be one of the worst if you jump into property ownership before you are financially ready to take on a mortgage...
