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Flagstar Bank offers brokers direct access to seasoned specialty lending experts and powerful tech solutions

Housing Wire

In response, many brokers are relying on extra support, and Flagstar Bank offers exactly that. An accelerated broker closing program and regional underwriting and closing teams are just some of the ways Flagstar’s wholesale program equips brokers with the tools they need to grow.

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

Roosevelt enacted the Federal Housing Administration (FHA) as part of the New Deal to provide small down payment home loans for working-class Americans. New construction, resales, refinances and home improvements account for approximately 16% of the U.S. GDP, roughly $3 trillion.

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Benefits of Investing in New Construction Real Estate

Norada Real Estate

When it comes to investing in residential real estate, there are only two basic types of property you can invest in – new construction and resale. New construction properties are those that are purchased directly from the builder or developer who constructed the property. In short, they are considered brand new.

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Mortgage rates might soar even higher

Housing Wire

Following the Fed’s decision to raise interest rates by an additional 75 basis points on Wednesday, the central bank said it will hike rates as high as 4.6% We do not see new construction returning in a meaningful way any time soon. Kurt Carlton, President of New Western. Mortgage rates have nearly doubled to around 6.5%

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How Much Are Closing Costs in Pennsylvania?

HomeLight

Editor’s note: This post will help answer the question: How much are closing costs in Pennsylvania (PA)? Your closing costs may differ depending on your circumstances and the terms of your home purchase. While some fees are only a few hundred dollars, the final closing costs can run into the thousands.

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Why the Fed’s housing reset risks a global recession

Housing Wire

Over the weekend, Raphael Bostic, president of the Federal Reserve Bank of Atlanta, said, “We are going to do all that we can at the Federal Reserve to avoid deep, deep pain.” New home sales are coming this week, and the monthly supply data is too big to have any new construction being built. months in construction.

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Silverton Mortgage partners with homebuilder Clover & Hive

Realty Biz

Our experience with the new construction process can provide buyers a lender option that’s aligned with the values of clover & hive.”. Our Team Members recognize that home loans are as diverse as the people who seek them and work closely with borrowers to find the right program to fit their unique needs. 6911), MT Lic.

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