Category: Real EstatePage 8 of 14

HUD Sets Requirements for Condo Financing

The U.S. Department of Housing and Urban Development released a mortgagee letter Wednesday setting out requirements for when a buyer of a condo unit can get FHA-insured financing…

50 Markets Ranked: Where Does Yours Fall?

Who has the hottest single-family housing market this fall? Fort Lauderdale, Fla., according to a new report released by Ten-X, an online real estate marketplace. Ten-X ranked the…

Mortgage Rates Are Moving on Up

The 30-year fixed rate mortgage surged to its highest level since June. “This is the first week since June that mortgage rates were above 3.48 percent, snapping an…

A Generation of Buyers Is Getting Left Behind

The home ownership rate among those who are under 35 will continue to drop through 2025, according to a new report released by John Burns, a real estate…

4 Colors That Turn Off Buyers

Could the wrong shade of paint dampen buyers’ interest in a home? As a real estate pro, you can point sellers in the right direction when they’re considering…

What Do Thousand Dollar Listings Look Like?

A new reality series on YouTube shows the gritty side of real estate. Noah Kaplan, a 30-year-old real estate pro based in New York, created a YouTube series…

Good for Buyers: Mortgage Rates Barely Budge

Mortgage rates continue to hover around all-time lows with the 30-year fixed-rate mortgage averaging 3.43 percent this week. “This marks the ninth consecutive week that mortgage rates have…

Mortgage Rates Move Even Lower

Fixed-rate mortgages dropped slightly this week compared to the previous week, and continue to hover near all-time lows. “The 30-year fixed-rate mortgage fell 2 basis points to 3.43…

These Words Can Help a Listing Sell Faster

Public comments provided by listing agents can give information about the property amenities, architecture, and neighborhood information, and they can also impact the days a property is on…

5 Things Renters Should Know About Owning

For renters who aspire to be home owners, transitioning from an apartment to a house requires a shift in their thinking that they may not be prepared to…

FHA Condo Relief Coming

President Obama has signed H.R. 3700 – the “Housing Opportunity Through Modernization Act” into law. The National Association of REALTORS® hailed the development as a “significant step” in…

Mortgage Rates Hover Near All-Time Low

Fixed-rate mortgages this week dropped to their lowest averages of the year, which analysts attribute to the fallout from last week’s “Brexit” vote. The 30-year fixed-rate mortgage averaged…

Quicken Quietly Offers 1% Down Loans

Quicken Loans has been fairly hush about its latest offering of a super low down payment mortgage, even as rival bank giants like Bank of America, Wells Fargo,…

Mortgage Rates in Free Fall Since Brexit Vote

Ever since Britain’s surprising vote to leave the European Union, U.S. home buyers and home owners have been reaping an expected benefit — mortgage rates that are quickly…

Mortgage Rates Plunge to 3-Year Lows

For the second consecutive week mortgage rates moved lower, and are currently the lowest since May 2013. “The 10-year Treasury yield continued its free fall this week as…

New Loan Rolls Student Loan Debt Into Mortgage

A new loan from a mortgage originator is designed to rescue student loan–burdened millennials struggling to save up for a down payment on a home or qualify for…

Banks Rush to Offer 3% Down Payment Loans

As some banks veer from Federal Housing Administration loans, they’re offering their own low down payment mortgages to appeal to home shoppers struggling to save enough to buy…

Kitchen Makeover Ideas for Under $1,000

A kitchen makeover can cost upwards to $20,000 or more. But there are a few simple and inexpensive tweaks that can give a dated kitchen a more modern…

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