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Tips on avoiding mortgage layoffs
Source: MPA Mag --- The mortgage industry has seen better days. Volatile interest rates fueled by inflation have created a climate where the average loan officer is now closing less than one loan per month with refinance locks plummeting to a low not seen in more than...
I Raised My Mortgage Payment by Refinancing. Here’s Why I Don’t Regret That
Source: The Ascent --- In August 2020, the average 30-year mortgage rate fell to under 3%. Since I had a higher interest rate than that on my existing mortgage loan, I decided to jump on the opportunity to refinance. And at first, my thinking was that doing so would...
Realtor.com February Housing Report: Housing Inventory Recovery Continues, Giving Buyers More Options
The U.S. supply of homes for sale rose at a record annual pace for the sixth month in a row, up 67.8% year over year in February, signaling the housing market's continued rebalancing, according to the Realtor.co Monthly Housing Trends Report. Despite the significant...
In March, Mortgage Rates Will Have Little Reason to Fall
Source: Nerd Wallet --- March mortgage rates forecast The economic calendar in March is not friendly to mortgage rates. There's not much on it to motivate rates to fall. After rising sharply in February, mortgage rates are more likely to level off or go up a little...
The Top Real Estate Companies in Virginia
Source: US News --- Virginia's moderate climate makes it a desirable choice for many home buyers. The average home value in Virginia is about $352,000, according to Zillow. And over the past year, home prices have risen 7%. The amount you'll spend on a home in...
International: Should we engage in estate planning for assets we HOPE will appreciate?
Source: Lexology --- In brief A fundamental estate planning principle frequently discussed when I was a student studying for my LL.M in the Estate Planning program at the University of Miami, and which remains a teaching point to this day, is that it is better to gift...
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