Most Recent Articles About Real Estate Tools
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What to Do With an Underwater Mortgage
Source: US News --- An underwater mortgage, also called an upside-down mortgage, occurs when the loan's principal balance is higher than the home's fair market value, resulting in negative equity. In other words, a mortgage becomes underwater when you owe more than...
Most homebuyers don’t shop for mortgages: Zillow
Source: Fox Business --- When it comes to researching which purchases best fit their finances, buyers said they spent more time browsing for cars and vacations than they did mortgages, a recent survey by Zillow Home Loans said. Seventy-two percent of prospective...
Additional Reading: Realtor Tools & Insights
REAL ESTATE RELATIONSHIP BUILDING IN THE DIGITAL AGE
Source: RisMedia--- NextHome’s Humans Over Houses mantra has catapulted the franchisor to record-setting growth. The company added 135 offices between 2019 and 2021, making it No. 1 in office growth in the National Association of REALTORS®’ 2021 Residential Franchise...
Latest mortgage news: After flirting with 6%, rates retreat
Source: Bankrate --- In a reversal from the rapid rise in recent weeks, the average rate on 30-year mortgages dipped to 5.85 percent this week from 5.91 last week, according to Bankrate’s national survey of large lenders. The Federal Reserve raised...
Who Pays the Real Estate Commission and Closing Costs: The Homebuyer or Seller?
Source: Realtor --- Do you know how much an average real estate agent commission is? Or who pays real estate agent fees and closing costs? If you’re scratching your head, you’re not alone: More than half of Americans don’t know what the average real estate agent...
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