Mortgage, Home Buying, and Real Estate News
Tech-Enhanced Home Staging: The Future Is Now
Home staging is the bread and butter of real estate professionals. Data shows that 81% of buyers’ agents believe their clients visualized the property more vividly, and it’s all due to home staging. But the days of traditional staging, relying…
Read More
Defying Expectations: Why Home Prices May Rise Despite Current Mortgage Rates
Despite current mortgage rates, home prices in the USA have continued to climb at an unprecedented pace in many locations. This trend has defied expectations and left many experts scratching their heads. In this blog post, we will explore the…
Read More
The iBuyer Phenomenon: What REALTORS® Need to Know
iBuyers are changing home sales in the real estate market. In fact, recent data shows that these tech-powered companies have already increased home prices by as much as 2.8%. This is a clear indication that this phenomenon can’t be ignored.…
Read More
It’s A Refinance Surge
Despite a low inventory real estate market and rising rates, the demand for loans and refinancing remains strong. This is surprising for a number of reasons. First, the housing market is facing a number of challenges, including low inventory and…
Read More
Mortgages are about to get more expensive. Here’s why.
Update: On Wednesday March 15, the Federal Housing Finance Agency (FHFA) announced that they will be delaying the Loan Level Price Adjustments (LLPA) for certain borrowers with debt-to-income (DTI) ratios above 40 percent for a total of 90 days. The new…
Read More
5 Times You Might Want to Use a 15-year Loan
The 30-year mortgage might be the most common, but it’s not always the best choice for every homebuyer. In fact, it’s often the most expensive mortgage you can go with — at least in the long term. Just consider, for…
Read More
DACA Recipients Can Now Get FHA Loans
America’s Dreamers now have another pathway toward homeownership, thanks to a policy change from the Department of Housing and Urban Development. According to an announcement from the agency, DACA recipients — or those who fall under the Deferred Action for…
Read More
The American Moving & Migration Trends You Need to Know
A new study from LendingTree reveals that almost a full half of current homeowners are planning to move in the next decade. And a big chunk of them are moving to a new city or entirely new state. But where…
Read More
Loan Limits Are Increasing — But Don’t Go Crazy
The Federal Housing Finance Agency announced late last month that conforming loan limits will jump in 2020, hitting just over $510,000. That’s up nearly $100K in the last four years. What’s more? The Department of Veterans Affairs is eliminating limits…
Read More
The November Real Estate News You Might Have Missed
Did you have a hard time staying on top of the news last month? We’ve got you covered. Check out the top real estate and housing news from November 2018 — all bite-sized and fluff-free. Home prices stalled out. Once…
Read More