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Distinctive Properties
8022 W. Grandridge Blvd.
Kennewick, WA 99336Local: (509) 783-1431
Tag Archives: borrowers
New Program to Help Buyers Bypass Appraisals
Daily Real Estate News | Monday, August 21, 2017 Mortgage giant Freddie Mac has announced a new program allowing some home buyers to skip a traditional appraisal, which could lower the fees the buyers pay and speed up the closing … Continue reading
Posted in Mortage/ Finance News
Tagged appraisal, borrower, borrowers, buyers, closing, credit, data, days, financing, freddie mac, home, home buyer, home purchases, home value, housing, Lender, loan, Mortgage, News, property, real estate, refinancing, time, values
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Credit Scores Hit Record High
Daily Real Estate News | Wednesday, May 31, 2017 Credit scores among U.S. consumers surged to a record high this spring. Further, the share of borrowers considered among the riskiest borrowers hit a record low. The higher credit scores could … Continue reading
Posted in Mortage/ Finance News
Tagged borrowers, credit, credit report, credit score, data, economy, event, events, Fall, family, financing, foreclosure, home, Lender, lenders, loan, market, Mortgage, national association of realtors, News, real estate, realtor, recession, risk, Sale, Sales
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Lower Rates Buoy Refis, Not New Mortgages
Daily Real Estate News | Wednesday, May 24, 2017 Lower mortgage rates are prompting homeowners to refinance, but applications for home purchases aren’t rising. The Mortgage Bankers Association reported on Wednesday that total mortgage applications—including for refinances and home purchases—rose … Continue reading
Posted in Mortage/ Finance News
Tagged 30-year, AGO, borrowers, buyers, data, family, favor, financing, for sale, home, home prices, home purchases, homeowners, homes, homes for sale, loan, market, Mortgage, mortgage rates, mortgages, national association of realtors, News, price, real estate, realtor, refinancing, Sale, Sales, trends
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If Buyers Want to Save Money: Tell Them to Shop
Daily Real Estate News | Friday, April 28, 2017 Home buyers who don’t gather more than one quote when shopping for a mortgage may be losing out on some savings to their monthly payments. Lenders can offer a wide dispersion … Continue reading
Posted in Mortage/ Finance News
Tagged borrowers, buyers, credit, credit score, data, down payment, family, home, home buyer, Lender, lenders, look, money, Mortgage, NAR, national association of realtors, News, offer, real estate, realtor, Sale, Sales, savings, shopping
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Closing Timelines Get Even Shorter
Daily Real Estate News | Monday, April 24, 2017 The average time to close on all home loan types dropped to 43 days in March—the quickest pace since February 2015, according to Ellie Mae’s Origination Insight Report. A year ago, … Continue reading
Millennials Want Home Equity Access
Daily Real Estate News | Tuesday, April 04, 2017 Homeowners are tapping into equity at the fastest rate in eight years, thanks to rising home prices. And millennials are leading the pack of those who are cashing in. In 2016, … Continue reading
Posted in Mortage/ Finance News
Tagged borrowers, color, credit, data, debt, equity, family, fast, home, home prices, homeowners, homes, housing, housing market, increase, millennial, national association of realtors, News, price, real estate, remodel, remodeling, rising home prices, Sale, Sales, value
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