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NEWS: With rates under 3%, most mortgages are due for a refinance, study says

Doug Whiteman July 19, 2020 Few people ever expected to see mortgage rates slide so low, and many homeowners have been caught off guard. Thirty-year fixed-rate mortgages are now averaging less than 3% in multiple surveys — and are offering major refinance savings. Though mortgage holders have [...]

By |2020-07-22T15:12:06+00:00July 22, 2020|News|Comments Off on NEWS: With rates under 3%, most mortgages are due for a refinance, study says

NEWS: CoreLogic: Summer Home Price Cooldown on the Way

MBA Newslinks July 7, 2020 CoreLogic, Irvine, Calif., said home prices rose strongly in May, but warned that the effects of the coronavirus and subsequent economic downturn could send home price tumbling over the summer. The CoreLogic Market Risk Indicator predicts 125 metro areas have [...]

By |2020-07-09T13:55:40+00:00July 9, 2020|News|Comments Off on NEWS: CoreLogic: Summer Home Price Cooldown on the Way

NEWS: House Hunters Now Need Pre-Approval Letters to Walk in the Door. What the Trend Means for Buyers, Sellers and Agents

Daniel Bortz July 6, 2020 Home buyers eager to take advantage of low interest rates are rushing to schedule home tours, just recently allowed in some places as stay-at-home restrictions are eased. To curtail potential exposure to the coronavirus, however, many sellers are trying to limit the [...]

By |2020-07-08T16:13:46+00:00July 8, 2020|News|Comments Off on NEWS: House Hunters Now Need Pre-Approval Letters to Walk in the Door. What the Trend Means for Buyers, Sellers and Agents

NEWS: Refinancing your mortgage could put cash in your pocket — here’s how to find out if it’s right for you

Michelle Fox July 6, 2020 With mortgage rates at record lows, it’s no wonder many Americans are refinancing their homes. Add to that the coronavirus pandemic and the economic recession, and the need to find extra cash or to cut expenses becomes even greater. In fact, refinance applications are [...]

By |2020-07-07T21:10:24+00:00July 7, 2020|News|Comments Off on NEWS: Refinancing your mortgage could put cash in your pocket — here’s how to find out if it’s right for you

NEWS: Families fleeing the city are pushing up home prices amid tight supply

Martha C. White June 24, 2020 A buyer from New York City saw a home via virtual tour, then three hours later offered the full asking price, in cash, one realtor said. The number of existing home sales cratered in May, but real estate professionals [...]

By |2020-07-01T16:55:17+00:00July 1, 2020|News|Comments Off on NEWS: Families fleeing the city are pushing up home prices amid tight supply

NEWS: Mortgage rates keep falling to record lows — so is now a good time to refinance?

Jacob Passy June 26, 2020 Homeowners stand to save money by refinancing, but some factors may make getting a new loan less worthwhile The coronavirus pandemic has led to a dramatic decline in mortgage rates. But that doesn’t mean now is a good time to [...]

By |2020-06-26T20:35:53+00:00June 26, 2020|News|Comments Off on NEWS: Mortgage rates keep falling to record lows — so is now a good time to refinance?

NEWS: Homes Will Look Different After Coronavirus

MBA Newslinks June 22, 2020 As people spend more time at home during the pandemic, buyers are realizing which features work well under the circumstances and which do not, said Zillow, Seattle. Many homeowners are reconsidering their home’s functionality as formerly popular design features have [...]

By |2020-06-23T19:52:44+00:00June 23, 2020|News|Comments Off on NEWS: Homes Will Look Different After Coronavirus

NEWS: Mortgage rates drop to another record low — here’s why Americans may not want to wait too much longer before locking rates in

Jacob Passy June 22, 2020 Low mortgage rates are stoking the housing market’s recovery from the coronavirus, but there may be limits to how much of a boost they will give Mortgage rates have fallen to a new all-time low for the fourth time this [...]

By |2020-06-22T21:18:22+00:00June 22, 2020|News|Comments Off on NEWS: Mortgage rates drop to another record low — here’s why Americans may not want to wait too much longer before locking rates in

NEWS: Demand Higher than Before Pandemic; So is Stress Amid Falling Inventories, Lingering COVID Concerns

MBA Newslinks June 15, 2020 Reports from Redfin, Seattle, and Clever Real Estate, St. Louis, illustrate the lingering effects of the coronavirus on the home-buying process—and the current state of home-buying demand. Redfin reported seasonally adjusted home buying demand jumped in early June and is [...]

By |2020-06-17T18:02:06+00:00June 17, 2020|News|Comments Off on NEWS: Demand Higher than Before Pandemic; So is Stress Amid Falling Inventories, Lingering COVID Concerns

NEWS: Race and Lending: Creating Opportunities for People of Color in the Mortgage Space

Clayton Jarvis June 4, 2020 Two people bringing more diversity to the mortgage space are WFG Lender Services’s vice-president of national business development, Monique Winston, who also heads the Cleveland Realtist Association, and Tony Thompson, founder and CEO of the National Association of Minority Mortgage [...]

By |2020-06-05T20:02:05+00:00June 5, 2020|News|Comments Off on NEWS: Race and Lending: Creating Opportunities for People of Color in the Mortgage Space
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