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Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Qualification can be obtained through 12 months of personal or business bank statements, or one year’s full documentation. Continue Reading Deephaven Mortgage Debuts HELOC with Qualification Option for Self-Employed Borrowers
Mortgage Rates Drop for Second Straight Week
The 30-year fixed-rate averaged 6.19% as of Dec. 4. Continue Reading Mortgage Rates Drop for Second Straight Week
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Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
“It’s time to drive a stake through the heart of local property tax hikes for good,” said Abbott. Continue Reading Texas Gov. Abbott Emphasizes Property Tax Relief in Re-Election Campaign
Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove
FHFA Director Bill Pulte called the idea a “game changer.” Continue Reading Trump Floats 50-Year Mortgage Proposal, But Many Conservatives Disapprove
Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
“I don’t have any money because I invested all the money that I borrowed to make ‘Megalopolis,'” said Coppola. Continue Reading Francis Ford Coppola Sells Private Island to Cover Losses from Flop Movie
Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
For homes that sold for $1 million or more in the first quarter, Redfin found the average buyer’s agent commission was 2.17%. Continue Reading Report: Little Change in Real Estate Agent Commissions Since NAR Settlement
Single-Family Housing Starts Down 2.1%
Single-family housing completions in April were at a rate of 943,000, down 8% from the revised March rate of 1.02 million. Continue Reading Single-Family Housing Starts Down 2.1%
Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
The April issuance encompassed $42.2 billion in total MBS, resulting in a net portfolio growth of $10.6 billion. Continue Reading Ginnie Mae’s MBS Portfolio Reached $2.74 Trillion in April
Canadian Home Sales Flattened in April
The non-seasonally adjusted national average home price was $679,866 in April, down 3.9% from one year before. Continue Reading Canadian Home Sales Flattened in April
Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
The projects will encompass a golf course the size 336 American football fields, residential areas, commercial spaces and parks. Continue Reading Vietnam Approves Trump Organization’s Golf Resort Real Estate Project
Voice of America’s DC HQ Listed for Sale
The million-square-foot property was constructed in 1940. Continue Reading Voice of America’s DC HQ Listed for Sale
New NAR Study: Housing Affordability Gap Remains in Place
NAR found that households earning $100,000 annually can currently afford only 37.1% of home listings. Continue Reading New NAR Study: Housing Affordability Gap Remains in Place
Mortgage Rates Inch Up
The 30-year fixed-rate mortgage averaged 6.81% as of May 15. Continue Reading Mortgage Rates Inch Up
Builder Confidence Drops, Albeit with a Significant Asterisk Attached
Builder confidence took a sizable stumble this month amid concerns of tariffs, interest rates and an uncertain economic outlook. However, the National Association of Home Builders (NAHB) stressed that its Housing Market Index (HMI) data was culled prior to the May 12...
Zillow: New Listings Are Outpacing Home Sales
New listings were up year-over-year in 44 of the 50 largest metros. Continue Reading Zillow: New Listings Are Outpacing Home Sales
