by Liz Ruggiero | Apr 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
The national average for mortgage closing costs for a single-family property in 2021 was $6,905 including transfer taxes and $3,860 excluding transfer taxes, according to CoreLogic’s ClosingCorp’s latest Purchase Mortgage Closing Cost Report released this week. These...
by Liz Ruggiero | Apr 21, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
For first-time buyers on a budget, affordable homes have become increasingly scarce, especially for those looking to buy in large metro areas. Amid ongoing home price increases, Point2Homes recently conducted a study to gauge the current stock of homes less than...
by Liz Ruggiero | Apr 20, 2022 | Agents, Brokers, Industry News, Latest News, Lead Story, National, News, Premier, Teams |
Despite recent skepticism surrounding a possible exit from conservatorship for Fannie Mae and Freddie Mac, officials from the Federal Housing Finance Agency (FHFA)—the overseer of both agencies—indicated that the door hasn’t yet been shut on the idea. After more...
by Liz Ruggiero | Apr 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Existing home sales slowed yet again this month, falling under the six-million mark for the first time in seven months, according to new data released by the National Association of REALTORS®, down from 6.02 million in February to 5.77 million in March—a decrease of...
by Liz Ruggiero | Apr 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
Redfin has completed its big-ticket purchase of Bay Equity Home Loans. The Seattle-based real estate tech company confirmed its $137.8 million acquisition of the national full-service mortgage lender in an all-cash transaction. According to company executives, the...
by Liz Ruggiero | Apr 20, 2022 | Agents, Brokers, Industry News, Latest News, National, News, Premier, Teams |
With mortgage rates at their highest in over a decade, mortgage applications decreased 5.0% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending April 15, 2022. Key findings: The...