Top Headlines
Keep Government Out of Real Estate with Market-Driven Solutions: John G. Stevens’ Perspective
Ronald Reagan once said, “The nine most terrifying words in the English language are: I’m from the Government, and I’m here to help.” Continue Reading Keep Government Out of Real Estate with Market-Driven Solutions: John G. Stevens’ Perspective
Missouri Woman Arrested for Scheme to Claim Ownership of Graceland
The announcement of Findley’s arrest comes today, which is the anniversary of Presley’s 1977 death at Graceland. Continue Reading Missouri Woman Arrested for Scheme to Claim Ownership of Graceland
Real Estate Lawyer L. Minnie Bellomo Joins Federman Steifman as a Partner
She was previously a partner in the New York City office of Greenberg Traurig LLP. Continue Reading Real Estate Lawyer L. Minnie Bellomo Joins Federman Steifman as a Partner
Home Management Solutions Fixle Acquires EasyHome
The terms of the deal were an all-equity transaction. Continue Reading Home Management Solutions Fixle Acquires EasyHome
Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million
Approximately one in five new homes built in the U.S. are covered by a 2-10 new home structural warranty. Continue Reading Frontdoor Acquires 2-10 Home Buyers Warranty for $585 Million
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...
How does mortgage refinancing work?
Source: CBS News --- Refinancing your mortgage can be a great way to save money and improve your personal finances. With a refinancing, you replace your current mortgage with a new loan. The refi loan is used to pay off your old mortgage, and then you move forward...
Mortgage rates dropping as interest hikes could soon slow: Freddie Mac
Source: Fox Business --- The average 30-year mortgage rate decreased this week for the third consecutive week as markets gain confidence that interest rate spikes will slow in 2023, according to a new report by Freddie Mac. The average 30-year fixed-rate mortgage...
December Mortgage Rates May Seek Calm After Turbulent Year
Source: NerdWallet --- December mortgage rates forecast Interest rates on fixed-rate mortgages could stabilize or even drift lower in December. Lower mortgage rates would be a welcome respite to conclude a tumultuous year in which rising rates strained people's...
Dave Stevens on understanding this housing market
Source: Housing Wire --- I have been part of the mortgage banking industry since 1983 — 39 years to date through different housing markets. And while my more recent roles were more senior in stature, my mind tends to think like I did when I was a top loan originator...
Mortgage demand falls again even as rates sink further
Source: CNBC --- Lower mortgage rates are pulling some current homeowners back to the refinance market, but not enough to offset the drop in demand from homebuyers. Mortgage application volume fell 1.9% last week compared with the previous week, according to the...
OneTrust Home Loans: About HECM reverse mortgages
Source: The Sentinel-Record --- What is a HECM reverse mortgage? Home Equity Conversion Mortgages, also known as reverse mortgage loans, were created more than 25 years ago to help Americans age 62 and older convert a portion of their home equity into tax-free money....
Most Affordable Housing Market In America
Source: 24/7 Wall St --- The housing market’s days of increasing prices every month are over. A two-year period when home prices rose by 20% each month year over year has been undermined by high mortgage rates that have doubled to about 6%. Affordability, defined...
9 Most Common Benefits of Homeownership
When it comes to buying a home, there are numerous perks that you should consider—financial stability, financial strength, and tax deductions, to name a few. Also, owning a house means you have a permanent home and, most importantly, a sense of belonging in your...
Mortgage repayments weighing heavily on borrowers, research shows
Source: MPA Mag --- Almost half of people worry about their mortgage repayments, with a staggering 42% admitting they don’t have any savings to fall back on should they get into financial trouble, according to research by MetLife. The 12-page report carried out by...
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