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Wells Fargo Launches Down Payment Grant Program
The grants are being allocated under the company’s Special Purpose Credit Program. Continue Reading Wells Fargo Launches Down Payment Grant Program
Declines Recorded in Foreclosure Activity and Mortgage Delinquencies
“Despite low delinquency rates, there are early signs of possible consumer credit stress,” said MBA’s Marina Walsh. Continue Reading Declines Recorded in Foreclosure Activity and Mortgage Delinquencies
Additional Reading: Top Mortgage Industry News & Headlines
Buying and Selling Real Estate in Australia (Updated)
Source: JDSUPRA --- KEY FACTS OF REAL ESTATE ACQUISITIONS UNDER AUSTRALIAN LAW - The majority of land in Australia consists of freehold title. Registration of ownership of freehold title is recorded using the Torrens system. The Torrens system is a system of title by...
Home prices are going down and seller concessions on the rise, realtors say
Source: KGW8 News --- PORTLAND, Ore. — Portland real estate agents say the market is back into historical trends. The two-year home buying frenzy has slowed down as interest rates have hit nearly 7% - something that's stopped buyers from going all in on their future...
Mortgage approvals fall to lowest level – BoE report
Source: MPA Mag --- Net borrowing of mortgage debt by individuals rose in November 2022, but mortgage approvals for house purchases fell to its lowest level since mid-2020, according to lending data released by the Bank of England (BoE) on Wednesday. The central...
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