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Letter to the editor: How do I tell the difference between a business and consumer mortgage?
Source: firsttuesday Journal --- Question: What is the difference between a business and consumer mortgage loan? Answer: A business mortgage — also known as a commercial loan — is a separate category of mortgage controlled by California rules and practices than a...
Correct House Pricing is Essential For Success
Source: Maximum Real Estate Exposure --- How to Price a House For Sale Pricing a house in a way that will encourage a timely sale is quite challenging for home sellers and often for Realtors. House pricing isn’t rocket science, yet so many get it wrong. Numerous...
Additional Reading: Realtor Tools & Insights
A ‘buyers’ market’ for homes is still elusive in the US
Source: Financial Times --- The US housing market is cooling faster than expected, as supply-chain issues continue to bite in that sector, according to Goldman Sachs. The bank expects US home-price increases to decelerate through the rest of this year and then...
Texas Dominates Top U.S. Housing Markets: Study | Tacoma News Tribune
Source: UWGB --- To rank local real estate markets, WalletHub measured housing-market attractiveness and economic strength. With mortgage rates and home prices still way above pre-pandemic levels, despite moderating in recent months, prospective home buyers are having...
Today’s Jumbo Mortgage Rates
Source: Motley Fool --- If you're looking to buy a home, you'll often hear that it's best to keep your housing costs on the low side so you don't risk overextending yourself. But in some markets, that's just not possible. If you're looking to buy a home in an...
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