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Should you pay off your mortgage or invest the money?
Source: Fox Business --- If you feel weighed down by your mortgage, you might be anxious to pay it off as soon as possible. So when you find yourself with a little extra money in your budget, you may consider putting it toward your mortgage. Paying extra on your...
CFPB releases new mortgage servicing rule: What it means for homeowners
Source: Fox Business --- As foreclosure moratoriums come to an end, the Consumer Financial Protection Bureau (CFPB) released a new mortgage servicing rule that took effect Aug. 31 to help prevent foreclosures for borrowers facing delinquency. The rule will prevent...
Fannie Mae to include rent payments in mortgage applicants’ credit history review
Source: Washington Post --- A good credit score is an essential part of making the transition from renter to homeowner, but establishing a solid credit report can feel out of reach for some consumers. Many prefer not to use credit cards or loans and therefore have a...
Hawaiʻi REALTORS® Names Lurline Johnson REALTOR® of the Year
Source: Hawaii Business--- Hawaiʻi REALTORS®, a leading statewide professional trade organization for the real estate industry, has named Lurline Johnson (ABR, CRB, CRS, GRI, RMP) the 2021 Hawaiʻi REALTOR®of the Year. Each year since 1967 the award has recognized an...
When paying $60,000 above asking price feels like a deal: Here’s what a cooling housing market looks like in the Seattle area
Source: Seattle Times --- The white-hot Seattle-area housing market has started to cool, by some measures. Last month, fewer new listings hit the market here and home prices dipped compared to a month earlier, according to data released Tuesday by the Northwest...
It may look like a bubble, but the US isn’t heading for another housing crisis
Source: KESQ --- Opinion by Dana Peterson for CNN Business Perspectives Home prices have surged during the pandemic, leaving many to believe we’re either in a housing bubble or heading toward one. The good news, however, is that the United States is not about to...
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