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The Cost of Buying a Home Is Up 50% From a Year Ago—but Here’s Where You Could Get a Break
Source: Realtor.com --- Ayear ago, the great majority of American homebuyers despaired over the state of the housing market. Prices had hit record highs. There were so few homes for sale that lines for open houses stretched for blocks and move-in ready places in...
Forbearance rate drops below 1%, lowest level since June 2020
Source: Housing Wire --- Servicers’ forbearance portfolio volume dropped in April to a level below 1%, with fewer than half a million borrowers remaining with an active plan, according to the monthly Loan Monitoring Survey conducted by the Mortgage Bankers...
5 Things That Should Happen During A Home Inspection
So, you found the perfect home (nice!) and you put in an offer (very nice!) and your offer was accepted (SUPER nice!)… now it’s time to have your new purchase inspected. Continue Reading 5 Things That Should Happen During A Home Inspection
Bye-Bye, Boring Walls! 5 Modern Wood Accent Wall Ideas To Inspire Your Next DIY Project
Source: Realtor.com --- We’ve seen our fair share of accent walls over the years. A single painted or wallpapered wall in a living room or bedroom can add visual interest and a prismatic pop to an otherwise stark space. But anyone looking to create a custom feature...
Could You Handle Living in a Tiny House To Save Money? Here’s How To Find Out
Source: Realtor.com --- With home prices high and downsizing on the upswing, a growing number of Americans are pondering what it might be like to live in a tiny house. And when we say “tiny house,” we mean it! The typical U.S. home measures 2,600 square feet, but...
Opinion: Use data to scale your mortgage servicing business
Source: Housing Wire --- Mortgage servicing is a scale business, meaning the economics of scale can be achieved with larger servicing portfolio by spreading the fixed costs among more loans being serviced. Such scaling; however, hasn’t achieved the expected results as...
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