Top Headlines
Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End
“Am I set for life? Yeah, but maybe not on a 63-acre ranch,” Selleck said. Continue Reading Reverse Mortgage Pitchman Tom Selleck Fears Losing Ranch with Series’ End
Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits
The settlement will also protect the company from litigation in similar cases in other jurisdictions. Continue Reading Redfin Announces $9.25 Million Settlement Over Commissions Lawsuits
George Currall Named CFO at The NRP Group
Currall joined NRP in 2008 and became a principal in 2016. Continue Reading George Currall Named CFO at The NRP Group
Three Settlements Reached in ‘Pocket Listing’ Lawsuit
However, PLS did not reach a settlement with NAR. Continue Reading Three Settlements Reached in ‘Pocket Listing’ Lawsuit
FHLB Cincinnati Adds $3.9 Million to Disaster Reconstruction Program
Since inception of the program, nearly $13.7 million has been authorized to help impacted communities. Continue Reading FHLB Cincinnati Adds $3.9 Million to Disaster Reconstruction Program
CFPB Delays Mandatory Compliance Date for General Qualified Mortgage Final Rule
Source: CFPB --- WASHINGTON, D.C. – Today the Consumer Financial Protection Bureau (CFPB) formally delayed the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to October 1, 2022. The CFPB is taking this action to help...
U.S. Housing Shortage Increases in March, Driving Prices Up 18 Percent
Source: The World Property Journal --- U.S. property broker Redfin is reporting this week that the median home-sale price increased 18% year over year to $344,625--an all-time high. Mortgage purchase applications increased 6% week over week (seasonally adjusted). For...
Will the Housing Market Maintain Its Momentum?
Source: Keeping Current Matters--- Last week’s Existing Home Sales Report from the National Association of Realtors (NAR) shows sales have dropped by 3.7% compared to the month before. This is the second consecutive month that sales have slumped. Some see this as...
There’s More To A Commercial Real Estate Loan Than Interest Rate
Source: Forbes --- When shopping for commercial real estate financing, it all comes down to the numbers. There's one figure that borrowers tend to view with laser focus: the interest rate. But the cost of commercial financing is only one side of the equation. The real...
Red hot real estate markets have turned surprising profits for unintentional property flippers
Source: CNBC --- Ten days after closing the year’s most expensive mansion sale in Delray Beach, Florida for $19 million, luxury real estate broker Senada Adzem got an unexpected phone call.
Selling Your Home in a Seller’s Market
Source: NY Times --- By the time they got the last offer, Quinn and Daryn Shapurji had received 54 bids on their four-bedroom, single-family house in Fishers, Ind., in just three days. Ms. Shapurji said they felt totally overwhelmed — and a bit melancholy.
Three Essential Disciplines To Help You Succeed In Real Estate Investing
Source: Forbes --- There are three disciplines that are distinctly important and lead to success or failure in real estate investing. It’s like a three-legged stool. You need to have all three, and people tend to be good at one or two of these, but rarely at three....
The Little-Known Mortgage That Doesn’t Require a Down Payment
A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer, however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down payments, but...
Will the 2020 Election Change Mortgage Rates?
If you want to buy a house or refinance within the next few months, you should already be strategizing about how to lock the lowest interest rate. Which might leave you wondering: How will the presidential election impact mortgage rates? Continue Reading Will the 2020 Election Change Mortgage Rates?
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