Today’s News Synopsis: A quarter of realtors reported homes are already being put under contract by buyers who never even saw the property. Mortgage rates are near their lowest on record with 30-year rates now at 3.31% and 15-year rates at 2.8%. What are five important charts to see right now showing what’s happening in […]
What Does The House Look Like? Never Mind, I’ll Take It Read More »
Today’s News Synopsis: Home sales will go down in 2020. According to the latest MBA Weekly Survey, mortgage applications increased 7.3% from last week. Meanwhile, builder confidence posted a historic decline. In The News: MarketWatch – “Fannie Mae: Home sales will decline by 15% in 2020 due to coronavirus, but what will happen to property prices?”
What About Home Prices??? Read More »
Today’s News Synopsis: It’s the end of the office as we know it. New home purchase mortgage applications increased by 21.2% for the month of March. How are American’s planning on spending their coronavirus relief checks? In The News: HousingWire – “Reverse mortgages get second look amid coronavirus chaos” (4-14-2020) “At a time when the stock
With So Many Working From Home, How Many Will Stay There? Read More »
Today’s News Synopsis: Neighborhood projects that bring smiles to others. Despite the shift in the economy, it’s important to see some of the silver linings. eClosings can make closing on a home possible while maintaining social distancing. In The News: Inman – “Want to accelerate your business recovery? Specialize now” (4-13-2020) “Prepare now for the market
From A Safe Distance, Of Course Read More »
This week’s radio show and video guest is Kaaren Hall alongside Bruce and Aaron Norris. Kaaren is the CEO of uDirect IRA Services, and she’s also a board member at the Retirement Industry Trust Association. She’s here today to fill us in on what you can and can’t do with your retirement accounts at these interesting times. See
Coronavirus: Retirement Account Changes #690 Read More »
Today’s News Synopsis: Home buying demand amidst job loss and Covid-19. Mortgage rates remained flat with 30-year rates now at 3.33% and 15-year rates at 2.77%. The amount of mortgage credit available decreased to its lowest in 5 years. In The News: Freddie Mac – “Mortgage Rates Remain Flat” (4-9-2020) “Freddie Mac (OTCQB: FMCC) today released the
Surprisingly Strong Read More »
Today’s News Synopsis: Can lenders balance access to credit with increasing risk? According to the latest MBA Weekly Survey, mortgage applications decreased 17.9% from last week. More and more borrowers are seeking relief as requests for mortgage delays increased by almost 2,000%. In The News: Mortgage Bankers Association – “Mortgage Applications Decrease in Latest MBA Weekly
Lending Safety Amid the Pandemic Read More »
Today’s News Synopsis: Your lender might let you miss a few payments. Ask these 3 questions. It’s important to know the difference between a mortgage deferment and mortgage forbearance. Speaking of forbearance, the number of loans in forbearance increased drastically according to the MBA. ATTOM Data Solutions gives us the areas that will be most
What You Don’t Know Could Come Back To Haunt You Read More »
Today’s News Synopsis: Avoid foreclosure rescue fraud. The current Coronavirus pandemic has led to a peaked interest in housing in rural areas and small towns. Realtor.com offers some essential tips if you’re still wanting to buy a house during this time. In The News: Realtor.com – “Should I Buy a House During the Coronavirus Crisis? An
Freddie Mac Offers Tips To Avoid Scams Read More »
This week’s radio show and video guests are Amanda Han and Matthew MacFarland of Keystone CPA alongside Bruce and Aaron Norris. Today, they will discuss tax impacts, SBA loans, California resources, and much more. Matt and Amanda answered questions regarding the stimulus package, what is in it for the real estate community, SBA loan process, and
Covid-19 Tax and Financial Aid for Real Estate #689 Read More »
