Tag Archives: Mortgage

5 Home Buying Myths

Daily Real Estate News | Tuesday, September 06, 2016 Home buyers get a lot of advice from friends and family – some good, some bad. A lot of myths can pop up and negatively guide their home purchasing experience. Make … Continue reading

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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

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Good for Buyers: Mortgage Rates Barely Budge

Daily Real Estate News | Friday, August 26, 2016 Mortgage rates continue to hover around all-time lows with the 30-year fixed-rate mortgage averaging 3.43 percent this week. “This marks the ninth consecutive week that mortgage rates have been below 3.5 … Continue reading

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Mortgage Rates Move Even Lower This Week

  Daily Real Estate News | Friday, August 19, 2016 Fixed-rate mortgages dropped slightly this week compared to the previous week, and continue to hover near all-time lows. “The 30-year fixed-rate mortgage fell 2 basis points to 3.43 percent this … Continue reading

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4 Common Home Buyer Oversights

Daily Real Estate News | Tuesday, August 02, 2016 Buyers on the hunt for the perfect home often overlook common issues that could cost them thousands of dollars and give them buyer’s remorse later on. As their real estate professional, … Continue reading

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Fannie Mae Tweaks 3% Loan Program

Daily Real Estate News | Thursday, July 28, 2016 Fannie Mae announced that it has changed income maximums and some eligibility criteria for its HomeReady mortgage program that it believes will allow more borrowers to qualify for a mortgage with … Continue reading

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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

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3 Mortgage Mistakes Buyers Keep Making

Daily Real Estate News | Friday, July 08, 2016 The mortgage process can be overwhelming to your buyers. David Gunn, mortgage sales effectiveness director for Fifth Third Mortgage, recently shared with HousingWire some of the biggest mistakes buyers make when … Continue reading

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Yun: ‘Flashing Yellow Lights on Affordability’

Daily Real Estate News | Monday, June 27, 2016 The median price of an existing home reached a new record last month at $239,700. That price increase was primarily driven by repeat buyers trading up or downsizing from their current … Continue reading

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