Tagged: househunting

Mortgage brokers are riding a rising tide The #mortgage industry has generally struggled this year with the rise in #rates, but the #broker channel has been growing. Rick Bettencourt, president of @NAMBpros, spoke with #ScotsmanGuide during their national conference in #LasVegas. The mortgage industry has generally struggled this year with the rise in rates, but […]

Lobbyists for major #housing and #banking trade groups on Friday spoke in favor of a bipartisan House proposal that would wind down @FannieMae and @FreddieMac and create a housing-finance system with multiple private guarantors and a greatly expanded role for @GinnieMaeGov. #ScotsmanGuide Lobbyists for major housing and banking trade groups on Friday spoke in favor […]

Home prices remain in a cooling pattern U.S. #home #price gains slowed for the third consecutive month in October, but prices were still ascending, rising above an already record level on a nationwide basis and well beyond income gains and inflation in several major cities, according to the S&P @CoreLogicInc Case-Shiller Indices. U.S. home gains […]

Here’s How Much Home Staging Can Pay Off for Sellers Home sellers have a lot to worry about: Will anyone want to buy their property for its full asking price? How long will it take to find a buyer? Is it really worth the expense and trouble of staging a home to boost its desirability […]

Mortgage rates skidded last week to the lowest level in a year. Freddie Mac said the 30-year benchmark mortgage rate fell 10 basis points to 4.31% in the week ending March 14. The 15-year fixed rate fell to 3.76% from 3.83%, while the 5-year hybrid adjustable rate mortgage fell to 3.84% from 3.87%. “Mortgage rates […]

Getting approved for a mortgage is difficult for gig workers due to the inability to prove a steady income. If you’re not tethered to an employer and find yourself hopping from job to job, there are dozens of job titles you “assign” yourself. Whether you call yourself a freelancer, temp worker, independent contractor — it’s […]

Home Equity Loan Taxes: Watch Out, It’s a Whole New World Do you have a home equity loan or home equity line of credit (HELOC)? Homeowners often tap their home equity for some quick cash, using their property as collateral. But before doing so, you need to understand how this debt will be treated this tax season. With the recently […]

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How long does mortgage pre-approval last? If you’re hoping to buy a home, it’s smart to ponder this question, since even after you receive a lender’s stamp of approval for financing, weeks or even months could pass before you actually buy a house. Will that pre-approval you received a while back still be valid by then? Since […]

Soon after making an offer on a home, buyers will receive a document called a seller disclosure. Read it carefully! This is not a piece of paperwork you want to slide by with a mere cursory glance. A seller disclosure form is basically a list of everything the seller knows about the condition of his […]