Tag Archives: financing

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 , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on Lower Rates Buoy Refis, Not New Mortgages

Lower Mortgage Rates Boost Loan Demand

Daily Real Estate News | Wednesday, April 26, 2017 Total mortgage activity—which includes applications for refinancings and home purchases—rose 2.7 percent on a seasonally adjusted basis as homeowners rushed to take advantage of lower mortgage rates. The refinance market was … Continue reading

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off on Lower Mortgage Rates Boost Loan Demand

The Big Challenges Home Buyers Face in 2017

Daily Real Estate News | Friday, January 20, 2017 What are the top challenges your home buyers face this year? A recent survey from realtor.com® reveals the following: 1. Low inventories: There aren’t enough homes for sale and inventory woes … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on The Big Challenges Home Buyers Face in 2017

HARP Extended to 2017 as Bridge to New Refi Program

Daily Real Estate News | Monday, August 29, 2016 The Federal Housing Finance Agency is extending the Home Affordable Refinance Program (HARP) until Sept. 30, 2017. The FHFA estimates that more than 300,000 home owners could still benefit by refinancing … Continue reading

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , | Comments Off on HARP Extended to 2017 as Bridge to New Refi Program

The Pros and Cons of Low Mortgage Rates

Daily Real Estate News | Tuesday, July 12, 2016 Many economists saw their predictions of higher interest rates and stronger economic growth shattered this year, mainly due to global economic uncertainty which was then heightened by June’s Brexit vote in … Continue reading

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , | Comments Off on The Pros and Cons of Low Mortgage Rates

Average Time to Close: 45 Days

Daily Real Estate News | Thursday, June 16, 2016 For home buyers financing a home purchase, they should expect about 45 days to close, according to the latest Origination Insight Report from Ellie Mae. Last month the average closing time … Continue reading

Posted in Mortage/ Finance News, Real Estate News | Tagged , , , , , , , , , , , | Comments Off on Average Time to Close: 45 Days

The Buyers Are Coming

Daily Real Estate News | Wednesday, May 25, 2016 Mortgage rates may have inched up slightly but that didn’t seem to deter home buyers from shopping for a loan last week. Mortgage application volume rose 2.3 percent week-over-week on a … Continue reading

Posted in Mortage/ Finance News | Tagged , , , , , , , , , | Comments Off on The Buyers Are Coming

4 Housing Predictions for the Rest of 2016

Daily Real Estate News | Monday, April 25, 2016 Freddie Mac economists are still upbeat about the housing market’s outlook for the rest of the year, despite recent data that showed a gloomier first quarter in economic growth than originally … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , | Comments Off on 4 Housing Predictions for the Rest of 2016

How to Assess the Real Cost of a Fixer-Upper House

By: G. M. Filisko When you buy a fixer-upper house, you can save a ton of money, or get yourself in a financial fix. Make sure you have the time, skills, and desire to embark on home improvement projects before … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on How to Assess the Real Cost of a Fixer-Upper House