Tag Archives: home purchases

New Program to Help Buyers Bypass Appraisals

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

Posted in Mortage/ Finance News | Tagged , , , , , , , , , , , , , , , , , , , , , , , | Comments Off on New Program to Help Buyers Bypass Appraisals

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

Why Veterans Make Some of the Best Clients

Daily Real Estate News | Friday, November 11, 2016 There are 18.8 million veterans and veteran families in the U.S. That’s a huge pool of potential buyers and sellers. Traditionally, the home ownership rate for veterans of the U.S. military … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , | Comments Off on Why Veterans Make Some of the Best Clients

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

NAR: Home Prices Maintain Strong Growth

Daily Real Estate News | Monday, May 09, 2016 Tight inventories of homes for sale helped push home prices higher in the first quarter. The median price of existing single-family homes rose in 87 percent or 154 of 178 of … Continue reading

Posted in Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , , , , | Comments Off on NAR: Home Prices Maintain Strong Growth

4 Factors Boosting Housing This Month

Daily Real Estate News | Monday, April 18, 2016 Warmer weather across the country is drawing more people to look at open houses and available homes this month, says Jonathan Smoke, realtor.com®’s chief economist. Here are four current housing market … Continue reading

Posted in Mortage/ Finance News, Real Estate News | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on 4 Factors Boosting Housing This Month