Top Headlines
Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
Trump warned Biden’s rent cap proposal would “end up in a Depression like in 1929.” Continue Reading Trump Offers Solution to Homeownership Affordability Challenges: ‘Vote for Trump’
Leonardo Ramos Named VP/CRA Officer at Provident Bank
Prior to joining Provident Bank, he served as senior vice president and sales manager with Columbia Bank. Continue Reading Leonardo Ramos Named VP/CRA Officer at Provident Bank
Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
Cardone cited homebuyer costs to dilute the impact of the Biden plan. Continue Reading Grant Cardone on Biden’s Homebuyer Tax Credit Plan: ‘Is Joe Dumb?’
EasyKnock Acquires Home Equity Investment Firm HomePace
HomePace marks EasyKnock’s fourth asset acquisitions in 12 months. Continue Reading EasyKnock Acquires Home Equity Investment Firm HomePace
Andrew Bowen Joins LeaseLock as SVP
Prior to joining LeaseLock, Bowen spent 13 years at RealPage Inc., most recently as a vice president and industry principal. Continue Reading Andrew Bowen Joins LeaseLock as SVP
These 210 housing markets are now vulnerable to 20%-25% home price declines, finds latest Moody’s downgrade
Source: Fortune --- Favorable millennial demographics. Tight housing inventory. Low unemployment. That’s why housing bulls said the Pandemic Housing Boom had more room to run. Moody’s Analytics chief economist Mark Zandi, of course, disagreed. Back in May, Zandi came...
Proposition 4: Juneau voters will decide whether to repeal mandatory disclosure of real estate prices
Source: KTOO --- This question asks voters to repeal measures the Juneau Assembly adopted in 2020 and this past February that mandate sharing real estate sales prices with the city assessor’s office. The assessor’s job is to determine the fair market value of every...
Thousands could miss out on mortgages due to rising energy costs – research
Source: Mortgage Introducer --- A recent study has shown that the rising cost of energy could lead to thousands of applicants missing out on mortgages due to its impact on their affordability. Data analysis by Mortgage Broker Tools (MBT) has found that while three in...
Bank statement loans: Mortgage lenders and requirements
Source: The Mortgage Reports --- Where can I find a bank statement loan? The home loan process looks a little different when you have self-employed income. Traditional home loans are an option, but some self-employed borrowers prefer bank statement loans, which...
While inflation continues to drive Houston interest rates up, real estate agents say there may be a silver lining for buyers
Source: Click 2 Houston --- HOUSTON – Sikiru Ogunboyejo has been a real estate agent for eight years. He says he’s seen major fluctuations in interest rates during his time on the job. ”When COVID started interest rates were, I wouldn’t say at an all-time low, but...
Why Warren Buffett Doesn’t Buy Real Estate And Most Other Investors Shouldn’t Either
Source: Yahoo --- Warren Buffett’s long-term investment strategy has proven to be successful through virtually all market conditions over the past several decades – recession, high inflation and deflation. If there’s one thing that’s made Buffett one of the most...
Why You Should (and Shouldn’t) Sell Your Home in 2022
Source: Real Estate --- In the final months of 2022, the housing market isn’t the same as when the year started. In an effort to battle inflation, the Federal Reserve has increased interest rates repeatedly throughout the year, contributing to the average 30-year,...
Housing market correction? Here’s what experts think is ahead for the real estate market
Source: USA Today --- The Federal Reserve's interest rate hikes may be intended to give the housing industry a "reset," as chair Jerome Powell wanted, but it also may have further confused home buyers and sellers on what to do next. Average 30-year fixed mortgage...
Mortgage customers fear unaffordable repayments due to rate hikes
Source: Mortgage Introducer --- With another interest rate hike expected this week, a third of mortgage customers in the UK said that rising rates have made repayments unaffordable for them. Commissioned by Butterfield Mortgages, an independent survey of 2,000 UK...
America Mortgages Announces a Way to Obtain US Mortgages based on Rental Income Only
Source: EIN News --- America Mortgages, the leader in U.S. mortgage originations launched a non-QM lending program for non- SINGAPORE, September 21, 2022 /EINPresswire.com/ -- America Mortgages, Inc., the leader in U.S. mortgage loan originations for non-resident...
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