Mortgage Industry News
Today’s Mortgage Rates & Trends – August 8, 2022: Rates seesaw
Source: Investopedia --- Rates on 30-year mortgages rose by almost four-tenths of a point Friday, extending a three-day pattern of dramatic up and down swings ranging from a third to a half a percentage point each day. National Averages of Lenders' Best Rates Loan...
Can you refinance a seller-financed mortgage?
Source: The Mortgage Reports --- Some home buyers get their mortgage loans from the home’s seller — not from a mortgage lender. This kind of financing, known as “owner financing” or “seller financing,” can help buyers who don’t meet standard mortgage guidelines at the...
Four Work-From-Home Strategies To Embrace For Your Real Estate Business
Source: Forbes --- If you ask me, working from home is amazing. You can wear pajamas from the waist down, you have no commute and you can even sleep in. I understand that the process of reading on a train or after-work drinks with your co-workers has been lost, but...
Supply of homes for sale fell by almost 30 percent year on year, the largest amount on record
Source: NBC News --- Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate Professionals. That’s...
Do buyers stand a chance in this heated real estate market?
Source: OC Register --- I read with great interest last week, Leslie Eskildsen’s column on a relatively new residential listing class known as Registered Status. If your unfamiliar – as was I – here are the Clif notes. A seller hires a broker to sell his house by...
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