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Average US 30-year mortgage rate slips to 4.17 percent

February 10th, 2017

Source: Washington Post February 9th, 2017 To read the full article from WashingtonPost.com, please click here Washington Post – Mortgage buyer Freddie Mac said Thursday the rate on 30-year fixed-rate loans slipped to an average 4.17 percent from 4.19 percent last week. That was still sharply higher than a 30-year rate that averaged 3.65 percent for all…

Made home improvements last year? You could get a tax break

February 10th, 2017

Source: USA Today February 9th, 2017 To read the full article from USAToday.com’s website, please click here Please note: The article originally appeared on credit.com USA Today – If you made any home improvements in 2016, you may be eligible for a tax break or two. Certain home improvements – or certain lines of credit that can…

59 Million Think of Buying a Home in 2017

February 10th, 2017

Source: Builder Magazine February 9th, 2017 To read the full article from Builderonline.com’s website, please click here Builder Magazine – A new survey out Thursday from Bankrate reports 59 million American adults (one in four) are considering buying a home this year, of which about 16 million say they are very likely and 20 million say they…

Housing Market Sees Increase In Flips In 2016

January 30th, 2017

Source: Daily Source News January 25th, 2017 To read the full article from DSNews.com’s website, please click here DSNews.com – The continual rise in the prices of homes over the past few years has been accompanied by an increase in the number of homes that are flipped for a profit. Real estate research firm Trulia released data showing the…

Mortgage Applications Increase in Latest MBA Weekly Survey

January 30th, 2017

Source: Mortgage Bankers Association January 25th, 2017 To read the full article from MBA’s website, please click here MBA – Mortgage applications increased 4.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 20, 2017. This week’s results included an adjustment for…

TRID: One Year Later

October 5th, 2016

Oct. 3, 2015, was a historic day for the mortgage industry. After several false starts, that date was chosen by the Consumer Financial Protection Bureau as the implementation deadline for its Know Before You Owe rule. Read more about it here Source: HousingWire

Predictions: 2017 Housing Forecast

October 5th, 2016

We can expect a hot year for home sales in 2017, according to recent forecasts from the National Association of REALTORS®, the Mortgage Bankers’ Association, Freddie Mac and Fannie Mae, and more. Read more about it here Source: Realtor Mag

Problems In The Effort To Modernize Mortgages?

September 13th, 2016

Lenders have long recognized notarization as a critical anti-fraud measure. But the practice – which dates back at least to Ancient Rome – is becoming passé in an era of FaceTime, Skype and live-streamed social media. Source: WSAU Read more about it here  

Mortgage Rates On The Rise

September 13th, 2016

Mortgage rates took their biggest leap in two months on Friday, thanks to a sell-off in the U.S. bond market. Source: CNBC Read more here

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