Top Headlines
NAR Faces New Realtor-Filed Lawsuit
The realtors blamed NAR for “aiding and abetting” the alleged scheme coordinated by Realtor.com. Continue Reading NAR Faces New Realtor-Filed Lawsuit
Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex
CPP partnered with co-developer The Hampstead Companies on the deal. Continue Reading Community Preservation Partners Acquires San Diego-Area Affordable Housing Complex
Chris Black Named CFO at Inside Real Estate
Black has more than two decades of CFO experience. Continue Reading Chris Black Named CFO at Inside Real Estate
MBA Names Owen Lee as 2025 Vice Chairman
Lee is CEO of Plymouth, Michigan-based Success Mortgage Partners Inc. Continue Reading MBA Names Owen Lee as 2025 Vice Chairman
Report: CFTC Commissioner to be Nominated as FDIC Leader
Christy Goldsmith Romero would replace Martin Gruenberg. Continue Reading Report: CFTC Commissioner to be Nominated as FDIC Leader
Mortgage rates drop to the lowest level since September: Freddie Mac
Source: Fox Business --- Mortgage rates dropped further last week to the lowest level since September, creating more opportunities for homebuyers, according to Freddie Mac. The average rate for a 30-year fixed-rate mortgage fell to 6.15% for the week ending Jan. 19,...
Correct House Pricing is Essential For Success
Source: Maximum Real Estate Exposure --- How to Price a House For Sale Pricing a house in a way that will encourage a timely sale is quite challenging for home sellers and often for Realtors. House pricing isn’t rocket science, yet so many get it wrong. Numerous...
Some BIG Changes to Mortgage Costs Were Just Announced
Source: Mortgage News Daily --- In a single moment, the fees for a vast majority of new mortgages in the US have changed. In some cases, the changes are drastic, both for better and worse. Let's break it down. What do you mean by "fees/costs?" This refers to Loan...
What You Need to Know About Foreclosure Rates
Source: US News --- As a homeowner, homebuyer or aspiring real estate investor, you want to understand the housing market more. Median home prices, mortgage interest rates and average days on market are all valuable metrics to grasping current activity on the market....
First-time homebuyers are pretty much screwed in 2023
Source: Insider --- First-time homebuyers just can't catch a break. The massive government stimulus issued during the early stages of the pandemic combined with rock-bottom mortgage rates led to one of the most dramatic home-buying frenzies in US history. The buying...
Rocket Mortgage Introduces Purchase Plus, a Special purpose credit program that offers up to $7,500 in lender credits for first-time buyers in underserved communities
Special purpose credit program offers up to $7,500 in lender credits for first-time buyers in underserved communities to eliminate a significant hurdle to homeownership “Homeownership has a significant impact on strong communities and the creation of generational...
South Africa’s Flow gets funding to automate social media advertising for real estate agencies
Source: Tech Crunch --- The process used by millions of agents and thousands of property portals globally to reach buyers and sellers on digital channels is highly fragmented. And it’s evident that proptech, unlike other industries, has lagged in utilizing social...
What Do Agents Need To Have This Year
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] What do agents need to have this year? A great mortgage lender that they can call or one that can sit in the open houses with them on...
Loan Level Price Adjustments (LLPAs) Explained
Loan Level Price Adjustments (LLPAs) are additional fees implemented by the Federal Housing Finance Administration (FHFA) on certain types of mortgage loans. These fees are designed to account for the increased risk associated with certain loan characteristics, such...
Why higher mortgage rates mark a return to normality
Source: FT Adviser --- Fixed rate mortgages have begun to fall after reaching 6 per cent last year, but remain relatively high, but with the prospect of falling interest rates, some are questioning whether borrowers may revert to tracker mortgages. When compared to...
Recent Posts
Judge Rules Florida Property Tax Ballot Summary is Misleading- FHFA’s Pulte: Homebuilders Could Face ‘Appropriate Action’…
- Another Attempt Planned to Get a Buyer for the Vacant San Francisco Centre
- New Platform Offers Curated Directory for Real Estate Photographers
- Trump Renews Push to Fire Fed Gov. Lisa Cook Over Mortgage Fraud Allegation…
