Top Headlines
Hamilton Zanze Sponsors Purchase of Nashville Apartment Community
The property is located in the heart of Nashville’s historic Music Row. Continue Reading Hamilton Zanze Sponsors Purchase of Nashville Apartment Community
FHLBank Chicago Increases Funding for Housing Counseling Resource Program
FHLBank Chicago launched the HCRP in 2022. Continue Reading FHLBank Chicago Increases Funding for Housing Counseling Resource Program
Federal Reserve Keeps Rates Intact
The Fed added it would “continue reducing its holdings of Treasury securities and agency debt and agency mortgage‑backed securities.” Continue Reading Federal Reserve Keeps Rates Intact
Housing Voucher Scam Targets Michigan Residents
There are currently no housing choice voucher waiting lists open in Michigan. Continue Reading Housing Voucher Scam Targets Michigan Residents
Guest Opinion: The Impact of AI on Financial Stability
Acting Comptroller of the Currency Michael J. Hsu details the financial stability challenges created by artificial intelligence. Continue Reading Guest Opinion: The Impact of AI on Financial Stability
Fed policymakers call for further rate hikes to beat inflation
Source: Reuters --- Jan 18 (Reuters) - Federal Reserve policymakers on Wednesday signaled they will push on with more interest rate hikes, with several supporting a top policy rate of at least 5% even as inflation shows signs of having peaked and economic activity is...
UWM Continues To Lead The Market Forward With Major Enhancement To Safe Check Program
PONTIAC, January 18, 2023 – United Wholesale Mortgage (UWM), the #1 overall lender in America, announced it has enhanced its Safe Check program, initially launched in October 2022, to provide loan officers more certainty and confidence to pull valid pricing. Now,...
What is mortgage insurance?
Source: Insurance Business Mag --- Lenders typically require home buyers to provide a down payment equivalent to 20% of the property’s purchase price to qualify for a loan. This amount, however, which can easily hit upwards to the tens to the hundreds of thousands of...
Today’s best mortgage deal? Look to 15-year rates for greater interest savings | Jan. 17, 2023
Source: Fox Business --- Based on data compiled by Credible, mortgage rates for home purchases have risen across all terms since last Friday. 30-year fixed mortgage rates: 6.625%, up from 6.500%, +0.125 20-year fixed mortgage rates: 6.500%, up from 6.125%, +0.375...
With Rising Interest Rates, Do Adjustable Rate Mortgages Make Sense?
Source: Albany Herald --- As rates on traditional mortgages have risen, a growing number of home buyers are turning to adjustable rate loans in order to save a few dollars. But do buyers risk getting hit with significant increases when that lock expires? Don't let...
Five ways to reduce your mortgage repayments in 2023 – and why rates have risen so high
Source: The Conversation --- Around 4 million UK households will face higher mortgage costs in 2023 with average monthly payments expected to increase from £750 to £1,000. Banks’ lending rates are directly influenced by the Bank of England’s base rate, which rose nine...
Real Estate Rebound: Demand for New Mortgages Jumps 28% in One Week
Source: Yahoo Finance --- The U.S. housing market’s topsy-turvy ride shows no sign of letup in the new year, as mortgage applications rose sharply last week despite fears that home sales will keep sinking in 2023. Mortgage applications for the week ending Jan. 13,...
Buying and Selling Real Estate in Canada – Ontario (Updated)
Source: JD Supra --- This guide offers an overview of legal aspects of buying and selling real estate in the requisite jurisdictions. It is meant as an introduction to these marketplaces and does not offer specific legal advice. This information is not intended to...
Is it good to buy when the housing market crashes?
Source: AS --- Potential homebuyers—and most people—shudder at the phrase “recession.” The 2008 recession devastated the real estate business. Sales fell, houses were foreclosed, and the market collapsed. If you’re smart, purchasing a property during a recession may...
What renovations offer the best returns for home value? | Home Front by Duff Rubin
Source: Herald-Tribune --- Home renovations are in demand. Some homeowners are hesitant to put their homes on the market. They either don’t want to give up a lower mortgage interest rate, don’t want to leave their current neighborhood or have not been able to locate...
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…
