Mortgage Industry News
3 Signs You’re About to Use the Wrong Mortgage Lender
Source: The Ascent --- These days, signing a mortgage means taking on a really big financial commitment. Home values are still elevated on a national level, and mortgage rates are the highest they've been in decades. And so chances are, if you're taking out a...
Borrowers need to cut subscriptions before mortgages, say brokers
Source: FT Adviser --- Homeowners weighing up forbearance options in light of rising interest rates should be making cuts to their subscriptions before they consider making changes to their mortgages, brokers have said. This month, chancellor Jeremy Hunt and the...
NFTs forced into all facets of life — including real estate
Source: firsttuesday Journal--- Non-fungible tokens (NFTs), the cryptocurrency phenomenon quickly materializing in a real world setting, are becoming harder and harder to ignore. Many industries have hopped on board. What does this mean for the real estate market? The...
‘The scammers are getting quite crafty’: Kentucky man nearly loses $70K in real estate scam
Source: WHAS 11 ABC --- LOUISVILLE, Ky. — The Attorney General’s Office in Kentucky reported more than $12.7 million lost to scammers in 2021. Some of those losses were because of real estate scams. A Louisville man told WHAS11 News he was in the process of closing...
How to choose a title company for your real estate closing
Source: The Washington Post --- Most people buy or sell only a few homes during their lifetime, so they’re not likely to have a title company to handle their closing on speed dial. While finding a trustworthy and knowledgeable lender and real estate agent are usually...
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