Top Headlines
Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons
Umansky is already involved in his latest endeavor as the co-founder of the American Real Estate Association. Continue Reading Netflix Cancels Mauricio Umansky’s ‘Buying Beverly Hills’ After 2 Seasons
NAR Interim CEO Nykia Wright Named Permanent Chief Executive
Her appointment makes history as the organization’s first woman and first Black chief executive. Continue Reading NAR Interim CEO Nykia Wright Named Permanent Chief Executive
Alexandria Keser Named Managing Director at Bear Real Estate Advisors
Keser joined the company at its founding in 2018 as director of operations. Continue Reading Alexandria Keser Named Managing Director at Bear Real Estate Advisors
Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy
40% of homeowners delayed necessary structural repairs to their home. Continue Reading Survey Finds High Housing Costs Eroding Americans’ Confidence in Economy
Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent
Krystal Davis also falsely presented herself as a certified public accountant. Continue Reading Detroit Woman Pleads to Operating as an Unlicensed Real Estate Agent
Mortgages Have Gotten Expensive — but Here’s One Way You Can Save
Source: Nasdaq --- For much of 2021, it was more than possible to sign a 30-year mortgage at under or around 3%. But those days are long gone. Mortgage rates have risen at a rapid clip since the start of 2022. And at this point, borrowers are looking at somewhere in...
How do you refinance your mortgage?
Source: CBS News --- Refinancing your mortgage essentially means replacing it. You get a new loan, ideally one with more favorable terms, use it to pay off the old one, and voila — you've refinanced. Homeowners often refinance to lower their interest rate, reduce...
‘A ray of hope’: As mortgage rates fall for a fourth week, experts say homes may soon become affordable again — even if volatility is here to stay
Source: Yahoo! --- Mortgage rates are continuing their downward trend as investors keep a lookout for more signs of cooling inflation. “This week, labor cost data provided a ray of hope as it showed that hourly compensation was lower than previously reported in the...
Best Mortgage Lenders For First-Time Homebuyers
Source: Next Advisor --- Buying a house for the first time can put a strain on your budget. Fortunately, first-time homebuyer programs can ease the pressure by offering some form of financial assistance. Considering how much home prices have increased in the past few...
What is a commercial mortgage? Learn everything in this article!
Source: MPA Mag --- You have been running a successful business for a couple years, but you need to either update your current commercial real estate property or buy a new one. This is where a commercial mortgage comes in. These types of mortgages are like...
3 smart times to refinance your mortgage
Source: CBS News --- When you first bought your home, there's a good chance you took out a long mortgage, like a 30-year fixed-rate loan. While that might have felt like almost a lifelong decision, the reality is that homeowners can often change their mortgages by...
Mortgage rates hit lowest point since September
Source: Yahoo! Money --- Mortgage rates retreated further this week, hitting their lowest point since September, but economic uncertainty continues to weaken homebuyer demand. The rate on the average 30-year fixed mortgage declined to 6.33% this week from 6.49% the...
Mortgage Rates Are Falling Fast But Homebuyers Aren’t Biting
Source: Forbes --- Mortgage rates have dipped for a fourth straight week, notching their biggest extended decline in 14 years. Despite the tumbling rates, demand for loans remains weak, with homebuyers looking for more incentives to jump back into the market. The...
Mortgage rates fall for the fourth week in a row
Source: CNN --- Mortgage rates dipped again this week, dropping for the fourth week in a row. The 30-year fixed-rate mortgage averaged 6.33% in the week ending December 8, down from 6.49% the week before, according to Freddie Mac. A year ago, the 30-year fixed rate...
Fitch Ratings reveals how much US house prices will drop in 2023
Source: MPA Mag --- US home prices are set to fall by 5% next year in line with substantial price falls in housing markets across the globe, according to a new report by Fitch Ratings. The ‘Global Housing and Mortgage Outlook – 2023’, which analyzed housing markets...
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