Wednesday, June 23, 2021

Archives

Appraisal Institute

Appraiser Diversity Workshop Scheduled

National
The Appraisal Institute is collaborating with the National Urban League and Fannie Mae to host a free virtual Appraiser Diversity Initiative workshop, "How to Become a Real Estate Appraiser," Saturday, Jan. 30, noon- 1:15 p.m. EST
Home Buying Company

How To Prepare A Home For Renting

National
Renting out your home isn’t easy. It takes careful planning, and you have to ensure that it’s in good shape to attract tenants easily. Preparing your home for renting won’t only allow you to get the best possible tenants; also, once you provide your property a makeover
Your First Mortgage

EPM’s Expert Tips for How to Boost Your Approval Chances for Your First Mortgage

National
Do you want to take the leap and buy your first home? Before you reach this milestone, you will need to get your mortgage application approved. Many first-time buyers find this intimidating, but it doesn’t have to be.
NAR

NAR Responds as CFPB Unveils Long-Awaited Update to Qualified Mortgage Rule

National
NAR President Charlie Oppler issued the following statement after the Consumer Financial Protection Bureau on Thursday released its final qualified mortgage rule, replacing the QM patch before its scheduled expiration on January 10, 2021.
Mistakes When Applying Mortgage

Common Mistakes to Avoid When Applying for a Mortgage

National
Graduating from being a renter is among the largest life changes many of us undergo on the path to adulthood. However, outside of a small percentage of exceedingly fortunate individuals, most people rely on mortgages to afford the homes they wish to live in.
MBA

Commercial/Multifamily Borrowing Falls 47 Percent in the Third Quarter of 2020

National
Commercial and multifamily mortgage loan originations were 47 percent lower in the third quarter compared to a year ago, and increased 12 percent from the second quarter of 2020

Increasing the Value of Your Home

National
Whether you want to stay in your home forever or plan on selling your home eventually, it is vital to increase the value of your home. Even if you are planning on living in your home until you die, you still may want to leave it to your kids, nieces, or nephews. And as a result, they may want to eventually sell the home.

How a Contract for Deed Can Work for a Family with Young Kids

National
The apartment you’ve been renting for years seemed big enough until you added kids to the mix. Now you want a house. The problem? You don’t have enough for a down payment. Or maybe daycare costs limit your monthly budget, or your credit history won’t qualify you for a mortgage.
MBA

Share of Mortgage Loans in Forbearance Decreases to 5.83 Percent

National
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 7 basis points from 5.90% of servicers' portfolio volume in the prior week to 5.83%
NAR

Metro Home Prices Increase in All Areas in Third Quarter of 2020

National
Every metro area tracked by the National Association of Realtors® during the third quarter of 2020 saw home prices increase from a year ago, according to NAR’s latest quarterly report, released today.
MBA

Mortgage Delinquencies Decrease in the Third Quarter of 2020

National
The delinquency rate for mortgage loans on one-to-four-unit residential properties decreased to a seasonally adjusted rate of 7.65 percent of all loans outstanding at the end of the third quarter of 2020, according to the Mortgage Bankers Association's
MBA

Share of Mortgage Loans in Forbearance Decreases to 5.67 Percent

National
The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 16 basis points from 5.83% of servicers' portfolio volume in the prior week to 5.67%
MBA

Commercial and Multifamily Mortgage Delinquencies Decline in October

National
Delinquency rates for mortgages backed by commercial and multifamily properties declined in October, according to the Mortgage Bankers Association's (MBA) latest monthly MBA
MBA

Share of Mortgage Loans in Forbearance Decreases Slightly to 5.90%

National
 The Mortgage Bankers Association's (MBA) latest Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 2 basis points from 5.92% of servicers' portfolio volume in the prior week to 5.90%

USDA Home Loan

National
Most people desire to have a home of their own, but only a few can truly afford it, but with a USDA Rural housing loan, your dreams of becoming a home owner can be achieved. This program is backed by the United States Department of Agriculture and is widely popular.
MBA

Over 6 Million Renters and Homeowners and 26 Million Student Debt Borrowers Missed September...

National
Over 6 million households did not make their rent or mortgage payments and 26 million individuals missed their student loan payment in September, according to third-quarter 2020 research
MBA

September New Home Purchase Mortgage Applications Increased 38.2 Percent

National
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for September 2020 shows mortgage applications for new home purchases increased 38.2 percent compared from a year ago. Compared to August 2020
MBA

Share of Mortgage Loans in Forbearance Declines to 6.81%

National
The Mortgage Bankers Association's (MBA) latest  Forbearance and Call Volume Survey revealed that the total number of loans now in forbearance decreased by 6 basis points from 6.87% of servicers' portfolio volume in the prior week to 6.81%

Who is Involved in a Real Estate Transaction when Buying a Home?

National
When you purchase a home, there are a lot of moving parts involved; it’s a big transaction that requires the help of several experts, all working to ensure that the process goes smoothly. But there are many extra costs unrelated to your down payment. To help you understand what takes place during the purchase of a home, we’ve listed every professional you’ll be involved with:
MBA

Commercial and Multifamily Mortgage Delinquencies Decrease in September

National
Delinquency rates for mortgages backed by commercial and multifamily properties declined in September, according to the Mortgage Bankers Association's (MBA) latest monthly MBA CREF Loan Performance Survey.

Business Real Estate Press Releases

Former Big Bear Sports Center Bldg

Wood Investments Companies Acquires Third Mountain West Property in Seven Months

Wood Investments Companies, Inc., a commercial real estate investment and management company specializing in retail, announced today the acquisition of a 67,000-square-foot retail building formerly occupied by Big Bear Sports Center located in

Recent Gov & Nonprofit Real Estate Press Releases

6 Things Important to a Woman When Buying a New Home

When women look for a home to buy, there are a few things that they are watching for. They are interested in how to measure kitchen cabinets and how much storage space will be in the home. This is why it is important to know what they really want in a home as they are shopping around.