Top Headlines
Average Title Insurance Claim Cost for Fraud and Forgery is $143,000
Nearly 30% of title insurers’ losses and claims expenses arose from title problems not discoverable from a public records search. Continue Reading Average Title Insurance Claim Cost for Fraud and Forgery is $143,000
Majority of Relocation Activity Points to Southeast
The most move-outs were from Los Angeles and the San Francisco Bay Area. Continue Reading Majority of Relocation Activity Points to Southeast
David L. Messenger to Step Down as CFO at Century Communities
J. Scott Dixon, the company’s assistant CFO, will take over Messenger’s role on an interim basis. Continue Reading David L. Messenger to Step Down as CFO at Century Communities
Berkshire Bank to Sell 10 Branches in Upstate New York
Berkshire’s overall branch footprint will be reduced from 96 to 86 locations. Continue Reading Berkshire Bank to Sell 10 Branches in Upstate New York
Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
The $240 million deal consisted of 370 RTLs that financed approximately 527 housing units. Continue Reading Toorak Capital Partners Completes First Rated Residential Transition Loan Securitization
REITs Vs. Private Equity Real Estate: What’s The Best Way To Invest?
Source: Seeking Alpha --- Investors are constantly faced with the choice of how to allocate scarce investment capital. Most of those fortunate enough to have a meaningful amount of funds to invest know the benefits of exposure to commercial real estate, especially in...
3 Risks of a Cash-Out Refinance Loan
Source: Motley Fool --- A cash-out refinance loan is a way to tap into the equity of your home while also modifying the terms of your current mortgage loan. It works simply. You apply for a new mortgage loan for more money than you currently owe. If you qualify based...
How to Get a Mortgage if You’re a Freelancer, Contractor, or Self-Employed
Source: Better Homes and Gardens --- Millennials and Gen Z are more likely than previous generations to be self-employed in some capacity—which can make buying a home more complicated. These expert tips help make sense of the process. Once upon a fairytale, it was...
REVOLUTIONIZING THE ONLINE MORTGAGE EXPERIENCE
Source: Ris Media --- Tim Grant, a REALTOR® with Better Homes and Gardens Real Estate Metro Brokers in Newnan, Georgia, has been a huge proponent of Rocket Mortgage with his customers since working with the lender to finance his own home purchase. “The process was...
How To Get Rid Of Private Mortgage Insurance (PMI)
Source: Forbes Advisor --- If you have to pay private mortgage insurance (PMI), you’re likely looking forward to the day your home equity hits 20% of the home purchase price so you can be released from PMI payments on your mortgage. Better yet, rising home values...
As mortgage rates rise, applications slow
Source: Fox Business--- Mortgage rates gained in the past week, putting a damper on demand for mortgage applications. Mortgage applications declined 2.8% from a week ago, according to the weekly survey from the Mortgage Banker's Association. The increase in rates...
Lifting international travel ban anticipated to boost foreign real estate purchases
Source: The Washington Post --- International travel to the United States began to return in full force as of Nov. 8 when the White House lifted pandemic restrictions that had kept people from dozens of countries from entering. Now that citizens from European, Asian,...
Should Rising Mortgage Rates Stop You From Buying a Home Right Now?
Source: Nasdaq --- There's a reason so many people clamored to buy homes in 2020 and rushed to refinance their mortgages. For much of last year, mortgage rates sat at or near historic lows, with the 30-year mortgage being available at under 3%. But rates have risen a...
Are Mortgage Applications Increasing?
Source: News Anyway --- Post-Pandemic Mortgage Applications 2021 was predicted to be the year that the housing market recovered. After the lockdown froze the housing supply chain, there was a boom in demand as people came out of the pandemic. Aided by the Stamp Duty...
Czech mortgage rates rise due to inflation, may hit 5 percent next year
Source: Expats --- The average mortgage rate rose for the eighth month in a row but the number of people interested in a mortgage has not decreased. The volume of mortgages provided in October again exceeded CZK 30 billion, according to Fincentrum Hypoindex. Mortgage...
