Mortgage News for April 16, 2021
Half as Many Houses AvailableThe housing market currently has a limited supply of potential buying options. Prospective buyers shopping today have 52% fewer homes to choose from than at this time last year, according to Realtor.com's Monthly Housing Trends Report....
Mortgage News for April 9, 2021
Buying a Fixer-Upper?High prices within the real estate market might have some buyers considering that fixer-upper home. But is it really worth it?According to research from Remodeling Magazine, it depends. Smaller-scale home-improvement projects tend to have better...
Mortgage News for April 2, 2021
Mortgage Market UpdateClosing Cost OptionsClosing costs can run buyers between 2% and 5% of a home's price. Some borrowers, though, aren't aware that they have a few options for this common mortgage cost. For example, lenders sometimes offer a lower rate to those who...
Mortgage News for March 26, 2021
Mortgage & Housing Market UpdateFHFA Relaxes StandardsThe Federal Housing Finance Agency (FHFA) is extending lighter appraisal and employment verification rules for Fannie Mae and Freddie Mac. Because the pandemic made it harder for appraisers to enter houses, FHFA...
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