Real Estate NewsMarch 26, 2019Report: Where Americans are moving — and how far they’re goingAmericans are moving less than ever. And when they do pack up and leave? According to new data, most are staying in the area, with 55 percent moving less than 50 miles away.
Mortgage NewsMarch 25, 2019Strong homebuying season is on the horizon, expert saysDecreasing mortgage rates, rising wages and a finally improving supply of inventory all spell good news for the housing market. In fact, according to one expert, “a stronger than expected” spring homebuying season is ahead.
Buying a homeMarch 23, 2019Home bidding wars down, buyer opportunities upHome bidding wars happen when two or more buyers compete for the same property but research indicates that home bidding wars happen much less often nowadays. This is good news for would-be buyers.
Buying a homeMarch 22, 2019Cash to close: What is it, how to pay it and how to avoid fraudCash to close: Plan on bringing a cashier's check or certified check. or arrange to wire the funds from your bank. You'll need your down payment and closing costs, less earnest money and lender and/or seller credits.
Economic NewsMarch 21, 2019Brexit pushes mortgage rates to 13-month lows. What mortgage shoppers should do nowBrexit drama is pushing down US mortgage rates. Should mortgage shoppers act now or wait for rates to drop even lower?
Real Estate NewsMarch 21, 2019Bye bye, big down payment: Most homebuyers put less than 10% downNo money for a down payment? That might not be a problem. According to a new analysis, the majority of recent Millennial and Generation X homebuyers pay either no down payment or down payments of less than 10 percent when purchasing their home.
Federal ReserveMarch 20, 2019March 2019 Fed meeting: Mortgage rates fall as Fed scraps plans for future rate hikesMortgage rates plummet after a surprise move by the Fed: a forecast of no more rate hikes in 2019.
Real EstateMarch 20, 2019Why townhouses are popular with first-time home buyersA new townhouse can be an amazing value for first-time home buyers who want the privacy of a single-family home, but—as a first-time home buyer—can’t afford the price.
Real Estate NewsMarch 20, 2019Mortgage lenders: Your digital tools may make or break youDigital mortgage solutions are a major priority for today’s homebuyers. In fact, according to a new survey, half of all homebuyers choose their mortgage lender based on whether they offered a digital portal or not.
Real EstateMarch 19, 2019Modern homes: The style Millennials loveEasily customized and designed to reduce energy and maintenance costs, modern homes are a popular choice for Millennial home buyers.
Real Estate NewsMarch 19, 2019New home construction lags — but not in these four citiesThinking of buying a new house in 2019? Chicago’s your best bet. According to new data, the city saw the biggest surge in new home construction last month, with a 60 percent uptick year over year.
Real Estate NewsMarch 18, 2019Remodeling on the rise: Here’s how many homeowners plan to renovate their houseA whopping nine out of 10 homeowners plans to remodel their house, according to a new survey. And more than a third of those homeowners? They plan to do so in the next two years.
Conforming MortgagesMarch 16, 2019Freddie Mac’s Home Possible Versus Fannie Mae’s HomeReady: Which Is Better?Home Possible Advantage, offered by Freddie Mac, and HomeReady, offered by Fannie Mae, are similar programs for homebuyers without large down payments. Here's an explanation of the program differences, and how they might matter to you.
Real EstateMarch 15, 2019Why Craftsman homes are making a comebackCraftsman homes are gaining popularity with today's new home buyers. Their attractive design and eco-friendly layouts make these some of the most sought-after homes today.
Real Estate NewsMarch 14, 2019Report: Homeowners gained nearly $10K in home equity last yearHome price growth might be slowing, but homeowners are still gaining serious equity in their properties, According to new data, the average homeowner saw their equity jump by $9,700 last year.
About MortgagesMarch 14, 2019Am I accidentally committing mortgage fraud?You're not a criminal. You just want to buy a home with a mortgage. But you could accidentally commit mortgage fraud unless you avoid these mistakes.
Real Estate NewsMarch 13, 2019Buying vs. renting: Where buying a home is the clear-cut winnerThe Sunshine State has more than just great weather and sandy beaches. According to a new analysis, it also has four cities where mortgage payments clock in significantly lower than local rents.
Mortgage NewsMarch 12, 2019Survey reveals what sellers, buyers really think of real estate agents in the face of techAre buyers willing to use AI instead of a real estate agent? How do sellers really feel about those commission fees? Which generation is most likely to forgo an agent altogether? A new survey has some interesting insights in how real estate agents are seen, used and (in some cases) replaced in today’s tech-savvy market.
Real Estate NewsMarch 11, 2019Homeownership is on the rise thanks to young buyersMore and more Americans are becoming homeowners — and younger generations are leading the charge. According to new data, owner households grew by more than 1 million last quarter, marking the eighth quarter in a row to see such growth.
Buying a homeMarch 8, 2019Open houses: What’s their role in the home-buying process?You open a newspaper or website and search for "open houses near me" and spend your weekend checking out homes. But is that really the best way to buy?