Today’s News Synopsis: Could we see real estate markets bounce back in states easing up on lockdowns? Freddie Mac reported mortgage rates are at record lows with 30-year rates now at 3.23% and 15-year rates at 2.77%. Jobless claims have reached 30 million as a result of the pandemic. In The News: Freddie Mac – […]
We’ll Have To Wait And See Read More »
Today’s News Synopsis: You’ve heard of the mini homes for cats, but a restaurant for squirrels? The Mortgage Bankers Association reported mortgage applications decreased 3.3% from last week. Pending home sales decreased last month, leading the NAR to believe the slump in the housing market is only temporary. In The News: National Association of Realtors
Today’s News Synopsis: What new trends should we expect to see with homebuyers following the pandemic? Some real estate agents are still able to show their homes and even sell them during this time, and Fox News gives us the scoop on how they are doing this. The percentage of mortgage loans in forbearance increased
Location, Location, Location. And Probably Some New Amenities Read More »
Today’s News Synopsis: In the midst of this pandemic, more people are searching for apartments. According to a recent Gallup poll, only half of Americans are comfortable with buying a home right now. Where are the top cities you can still get the most cash from refinancing in the midst of the pandemic? In The
Numbers Show A Rebound In Apartment Searches Read More »
Aaron and Bruce Norris are joined again this week by Paul Herrera. Paul is the Government Affairs Director for the Inland Valley Association of Realtors. Paul serves as an advocate for realtors on local issues, helping to preserve and protect property rights and the value of homeownership. His unique experience includes an award-winning journalism career
COVID-19: AB 828 Paul Herrera #692 Read More »
Today’s News Synopsis: Zillow reported an increase in the number of people looking for a home online from last year despite the drop in new home listings and sales. Mortgage rates increased slightly this week with 30-year rates now at 3.33% and 15-year rates at 2.86%. Less panic selling seems to be occurring as 3
Freeway Traffic May Be Down, But Online Traffic Isn’t Read More »
Today’s News Synopsis: Free credit reports now available every week. The Mortgage Bankers Association reported mortgage applications decreased 0.3% from last week. Additional funding for small-business loans was just approved by the Senate. In The News: HousingWire – “Senate approves additional funding for small-business loan program” (4-22-2020) “The Senate approved $320 billion of additional funding on Tuesday for the
New Policy Allows You To Request A Credit Report Every Week For The Next Year Read More »
Today’s News Synopsis: The FHA announced a change in Fannie Mae and Freddie Mac’s policy to limit the number of payments servicers are required to make on loans in forbearance. Home sales decreased drastically month-over-month due to COVID-19 but were surprisingly up year-over-year. If you’re a cash buyer, now might be a good time to
GSEs Easing Payments On Loans in Forbearance Read More »
Today’s News Synopsis: Need cash? Get a HELOC right? Black Knight Financial Services reported over 2.9 million mortgages are in forbearance. Realtor.com gives an update on how long the home closing process could take in the midst of the pandemic. In The News: Mortgage Professional America – “More than 2.9 million mortgages in forbearance – Black
It’s Not As Easy As You Think Read More »
This week’s radio show and video guests are people from all over the real estate industry sharing what is happening in particular cities. Featured are Kaaren Hall of uDirect IRA, Amanda Han and Matthew MacFarland of Keystone CPA, Iris Veneracion of InvestClub, Derek Harms of NSDREI, Lenksa Bracknell of SDCIA, Lisa Hoegler of LA South
COVID-19: Updates Per County #691 Read More »
