Tag Archives: Mortgage

Homeowners Say Tax Reform Would Hurt Them

Posted on December 13, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, December 13, 2017 A majority of recently surveyed homeowners say that changing homeownership tax incentives would restrict their mobility and cause them financial strain, according to new data from the National Association of REALTORS®’ … Continue reading →

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Homes Are More Affordable Than 20 Years Ago

Posted on November 8, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, November 08, 2017 Homes are actually more affordable now than they were in the late 1990s, according to the latest Mortgage Monitor Report by Black Knight Inc., a mortgage data and performance information provider. … Continue reading →

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Existing-Home Sales Inch 0.7 Percent Higher in September

Posted on October 25, 2017 by Debbie Prosser

WASHINGTON (October 20, 2017) — After three straight monthly declines, existing-home sales slightly reversed course in September, but ongoing supply shortages and recent hurricanes muted overall activity and caused sales to fall back on an annual basis, according to the … Continue reading →

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Mortgage Rates Stuck in Holding Pattern

Posted on September 29, 2017 by Debbie Prosser

Daily Real Estate News | Friday, September 29, 2017 The 30-year fixed-rate mortgage barely budged this week, staying well below the 4 percent mark. “Rates held relatively flat this week,” says Freddie Mac Chief Economist Sean Becketti. “The 10-year Treasury … Continue reading →

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Millions of Middle-Income Homeowners Stand to Lose Under “Big 6” Tax Proposal

Posted on September 27, 2017 by Debbie Prosser

WASHINGTON (September 27, 2017) – A group of legislators and administration leaders known as the “Big 6” today released an outline for comprehensive tax reform that if enacted, according to the National Association of Realtors®, could lead to a tax … Continue reading →

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More Owners Are Using Their Equity Again

Posted on August 29, 2017 by Debbie Prosser

Daily Real Estate News | Tuesday, August 29, 2017 Home prices continue to rise and more homeowners are tapping into their home equity, making home equity lines of credit and cash-out mortgage refinances popular again. Home equity line originations jumped 8 percent to … Continue reading →

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HARP Extended Through 2018

Posted on August 23, 2017 by Debbie Prosser

Daily Real Estate News | Wednesday, August 23, 2017 The Federal Housing Finance Agency announced that it is extending HARP, a popular government refinancing program, through Dec. 31, 2018. The Home Affordable Refinance Program was to expire on Sept. 30. … Continue reading →

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New Program to Help Buyers Bypass Appraisals

Posted on August 22, 2017 by Debbie Prosser

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 →

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Home Prices Jump 6.2% in 2nd Quarter; Eclipse 2016 High

Posted on August 16, 2017 by Debbie Prosser

WASHINGTON (August 16, 2017) — The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly … Continue reading →

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