Tagged: closingattorneyhingham

What Is Title Insurance? #TitleInsurance #HomeBuyer #ClosingAttorney #Hingham

September 9th, 2020 | closingattorneyhingham
File folders in draw

What Is Title Insurance? Peace of Mind When Buying a Home Buying a home often entails also buying various types of insurance to protect your property, and one type you might need to get is called title insurance. So what is title insurance? When you buy a home, you “take title” to it and establish legal ownership. A title […]

What Improved Jobs Situation Means for #MortgageRates #ClosingAttorney #Hingham

September 8th, 2020 | closingattorneyhingham
Real estate concept - businessman signs contract behind home architectural model

What Improved Jobs Situation Means for Mortgage Rates This morning’s jobs report from the Bureau of Labor Statistics (BLS) showed ongoing recovery in the labor market, though what it all means is up for analysis.   Doug Duncan, Chief Economist at Fannie Mae was one of a few experts who summarized and interpreted the report.  “Non-farm payrolls increased by 1.4 […]

More HomeBuyers Seek Spaciousness During Pandemic #Closing #Attorney #Hingham #MA

September 2nd, 2020 | closingattorneyhingham
estate agent housebuying viewing

According to the real estate experts at Redfin, the current pandemic is causing home buyers to look toward larger homes in a bid for more space. Redfin revealed that sales of large homes in America rose 21% (year over year) in July. This surge represents a rate of sale that grew nearly 10 times quicker […]

House Prices Continue Upward Trend #HomeBuyer #Closing #Attorney #Hingham

September 1st, 2020 | closingattorneyhingham

Casting aside trepidation generated by COVID-19, it seems a growing number of Americans are  are feeling positive about homeownership, as indicated by an upward trend in U.S. house prices, which rose 5.4% from the second quarter of last year to the same period in 2020, according to the Federal Housing Finance Agency (FHFA) House Price […]

Homes Spend Less Time on the Market as Inventory Shrinks #Closing #Attorney #Higham#MA #RealEstate

September 1st, 2020 | closingattorneyhingham

Listed homes are selling at a significantly faster pace thanks to an evaporating housing inventory, according to the latest Realtor.com’s Weekly Recovery Report. For the week ending August 22, the average time on the market is nine days less than last year while buyers are sorting through an inventory that is down 37% from one […]

FHA, Fannie, and Freddie Extend Eviction and Foreclosure Bans

August 30th, 2020 | closingattorneyhingham
Person Holding Eviction Notice In Envelope

UPDATE: The Federal Housing Administration (FHA) and HUD announced, shortly following FHFA’s similar announcement, the third extension of its foreclosure and eviction moratorium through December 31, for homeowners with FHA-insured single family mortgages covered under the Coronavirus Relief and Economic Security (CARES) Act. According to a statement, “this extension provides an additional four months of […]

#MortgageRates Up or Down Depending on #Lender #homeloan #closing #attorney #boston

June 3rd, 2020 | closingattorneyhingham

Mortgage Rates Up or Down, Depending on Lender Posted To: Mortgage Rate Watch Mortgage rates were mixed today with some lenders improving and others moving higher. This isn’t so much a factor of anything that happened today as much as it is about what lenders did yesterday. Specifically, the bond market (which underlies rate movement) […]

Home Sellers Need Patience – Time on Market Shoots Up #closingattorney #boston #ma #realestatelawyer

May 25th, 2020 | closingattorneyhingham

Home Sellers Should Channel Patience as Time on Market Shoots Up During the Crisis They say patience is a virtue. Home sellers attempting to unload their properties during this COVID-19 crisis may need to take those words to heart. Nationally, homes are taking roughly 15 more days, or about 27% longer, to close than they […]

Home #Renovation You Might Regret #homeowner #hombuyer #realestateattorney #boston #closingattorney

May 15th, 2020 | closingattorneyhingham

The Property Brothers Reveal One Popular Renovation You Might Regret Drew and Jonathan Scott have helped a ton of clients open up their floor plans. But in the latest episode of their HGTV show “Property Brothers: Forever Home,” they see why this popular renovation isn’t for everyone—and why it may be one that some homeowners […]

Will Real Estate Markets Rebound? #realestatemarket #homebuyers #miltonattorney

April 30th, 2020 | closingattorneyhingham

In States Loosening Lockdowns, Will Real Estate Markets Rebound? In the past few days, several states have begun the highly controversial process of loosening stay-at-home orders and restrictions put in place to combat the spread of the deadly novel coronavirus. In the coming days and weeks, many more states, counties, and cities will follow examples […]

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