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How to locate the best real estate offers
Source: Travel Daily News --- Real estate is a competitive market, and with many new investors fighting for the same product, finding good bargains is getting more challenging. Many property buyers make the unfortunate error of relying only on MLS (Multiple Listing...
Tech Is Humanizing Mortgage, And It’s Exactly What The Industry Needs
Source: Forbes --- Mortgage lenders are under more pressure than seen in decades. Low rates have fueled a refinance boom, and the pandemic has sent purchase volume and home prices soaring. Through the market's shift, lenders must manage purchases with new, well-funded...
Millennials are buying more homes, ahead in mortgage applications for 2021
Source: CNET --- The "lost" generation is rising as the new homebuyers. Could this shift the real estate landscape? Millennials applied for more mortgages than any other generation so far this year. More than half of home purchase mortgage applications (51%) were...
Regulators done playing nice with mortgage servicers
Source: Housing Wire --- The federal government’s top regulators announced Wednesday that they are collectively resuming mortgage servicing supervisory and enforcement practices in full, ending certain flexibilities it offered mortgage servicers at the onset of the...
Current Mortgage Rates Are Below 3% Again
Source: Crossroads Today --- The average rate for a 30-year fixed-rate mortgage dropped to 2.98% this week, according to Freddie Mac’s weekly survey. It’s the second week in a row where the average rate has declined and the first time it has dipped below 3% since late...
Why China’s Real Estate Slowdown Isn’t Like Japan’s
Source: Bloomberg --- As China struggles with its most severe real-estate slowdown in years, some have been asking whether the end of Japan’s real-estate bubble in the early 1990s offers a guide. But such comparisons are less helpful than they might appear, according...
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