Real Estate Agent Tools
How lenders can improve business models in 2022
Source: Housing Wire --- HousingWire: Between interest rate hikes, tight housing supply and geopolitical uncertainty, many industry professionals are feeling the pressure of a volatile housing market. Why is now a good time for lenders to focus on improving aspects of...
Buying a Dream Home? In This Market? For Some Buyers, a Remodel or Teardown Makes More Sense
Source: WSJ --- Struggling to find your dream home? Join the club. If you can’t find the right home in the right location, a teardown might be a viable option. You can also buy a home in need of some love and then remodel it. How to choose? Even with rising interest...
Wisconsin Home Sales Up by 11%
Also on the rise was the median price – $315,500 in May, up 6.9% from $295,000 one year earlier. Continue Reading Wisconsin Home Sales Up by 11%
GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation
“The CFPB has continued to operate as a partisan, rogue regulator,” said Sen. Katie Britt. Continue Reading GOP Senators Reintroduce Bill Putting CFPB Funding Under Congressional Appropriation
Knock.com in New Partnership with NFM Lending
The Knock Bridge Loan can be used to make a down payment on a new home, pay down debt, cover repairs and moving costs. Continue Reading Knock.com in New Partnership with NFM Lending
Mortgage Rates Down for Third Straight Week
The 30-year fixed-rate mortgage averaged 6.87% as of June 20. Continue Reading Mortgage Rates Down for Third Straight Week
Pennsylvania’s Median Home Sales Price at $295K
The number of listings on the market totaled 37,463 in May, up about 5% from the previous month. Continue Reading Pennsylvania’s Median Home Sales Price at $295K
Zillow: Americans Need to Put More Than $127K Down for Typical House
“Down payments have always been important, but even more so today,” said Skylar Olsen, chief economist at Zillow. Continue Reading Zillow: Americans Need to Put More Than $127K Down for Typical House
Mortgage Application Activity on the Rise
“Purchase volume is still more than 10% behind last year’s pace,” said Mike Fratantoni, MBA’s senior vice president and chief economist. Continue Reading Mortgage Application Activity on the Rise
Home Flipping Activity Enjoys Q1 Upswing
Roughly two-thirds of homes flipped in the first quarter were purchased by investors with cash. Continue Reading Home Flipping Activity Enjoys Q1 Upswing
Housing Starts Slumped in May
Single‐family authorizations in May were down 2.9% from the revised April figure of 977,000. Continue Reading Housing Starts Slumped in May
Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
Norway’s central bank held its key policy rate at 4.5%. Continue Reading Switzerland Cuts Interest Rates for Second Time, UK Holds Rates Steady
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