Tagged: realestateclosing

What To Expect in 2021’s Housing Market: This Is How Much Home Prices Will Rise Few will be reluctant to say goodbye to 2020. With vaccines rolling out, the days of the deadly pandemic that bludgeoned the nation’s economy seem to be numbered. Good riddance! But the soaring home prices that became a hallmark of […]

Redfin: Late-Summer Housing Market Unseasonably Hot A new housing market study shows a summer that has refused to adhere to the typical seasonal trends. A recent report from Redfin reveals the state of housing as we approach the tail-end of summer. The report focused on the time window of the month leading up to August […]

5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked These days, things are changing so fast, it’s tough to keep up. That’s especially true in the mortgage industry, where interest rates and the overall home loan landscape are shifting with such head-spinning speed, it’s easy for outdated information to circulate, leading home buyers and homeowners […]

Will the Lowest Mortgage Rates Ever Seen Spur Another Refinance Boom? The lowest mortgage interest rates ever seen in the U.S. will likely spur another wave of refinances as homeowners chase the chance of a lifetime to lock in a rate under 3%. Rates fell to an average of just 2.98% for 30-year fixed-rate mortgages […]

Helping Homeowners Understand Fraud During COVID-19 Danielle McCoy, VP and Fair Lending Officer, Fannie Mae, spoke to MReport about how homeowners impacted by COVID-19 can understand all of the options they have available to them and protect them from fraud. This story originally appeared in the July edition of MReport. The post Helping Homeowners Understand […]

What caused more than half of offers made in June to face competition? Click through to find out. The post Bidding Wars for Homes Ramping Up appeared first on theMReport.com.     McDevitt Law Group voted #1 Choice for Attorney – Lawyer Milton, Massachusetts by Wicked Local Readers Choice             […]

Summer Home Sales Heating Up A new report found the average house sold just over 20 days. How does that compare to recent data? The post Summer Home Sales Heating Up appeared first on theMReport.com.   McDevitt Law Group voted #1 Choice for Attorney – Lawyer Milton, Massachusetts by Wicked Local Readers Choice     […]

Livestream open houses are trending, but will they stick around? The ability to livestream is also beneficial for sellers who are uncomfortable with having a parade of strangers walking through their home. Although real estate was deemed an essential business, agents were quickly forced to reinvent the traditional open house model. Read Full Story:  realestate.boston.com […]

Posted To: Mortgage Rate Watch Mortgage rates managed to stay sideways today after beginning the week with a move higher yesterday. This is a victory all things considered. Rates take guidance from multiple sources. When it comes to mortgages, the prices of mortgage-backed bonds are the key ingredients in determining rates. While other factors had […]

For Some, Mortgage Forbearance Could Make It Harder To Get a New Loan in the Future Homeowners who request relief from their payments on their federally funded mortgages amid the coronavirus pandemic won’t be penalized for it in the long run, the federal government announced on Tuesday. Earlier in March, the federal government assured homeowners […]