Housing Wire
JULY 10, 2022
Just how bad was the mortgage market in June , when rates climbed north of 6%? Rate locks fell across all loan types last month, and were down 11% overall from May, according to Black Knight. The company’s monthly mortgage originations report also revealed that 82% of locks in June were purchases, the lowest share of refis since the company began tracking data in 2018.
McKissock
JULY 10, 2022
How do you determine the investment value of a property? Well, it’s an art. It’s not like valuing a house in which you are going to live. That would be the homeowner value. When estimating a property’s investment value, there are a variety of real estate valuation methods you can use. In this article, we’ll walk through several techniques and discuss the advantages and disadvantages of each.
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The American Genius for Real Estate
JULY 10, 2022
An anti-trust lawsuit is scheduled for trial in 2023 that could impact how real estate agents receive compensation, affecting FHA & VA loans. The post Real estate agents brace for the potential demise of FHA & VA loans appeared first on The American Genius Real Estate.
Marco Santarelli
JULY 10, 2022
In the wake of the coronavirus outbreak, out-of-state residents have flocked to the Sunshine State in quest of larger homes, more outdoor activities, and a higher quality of life. Population growth has resulted in a red-hot Florida residential real estate market as purchasers compete for residences with strong demand and limited availability. As a result, some Floridians are being outbid or priced completely out of the state.
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Realty Biz
JULY 10, 2022
After weeks of steady gains, mortgage rates have fallen rapidly in the past week, meaning homes are suddenly much more affordable. The 30-year fixed-rate mortgage averaged 5.3% in the week ending July 7, according to the latest data provided by Freddie Mac. That represents a decline of 40 basis points in the past week. One basis point is equal to a hundredth of a percentage point, or in other words, one percent of one percent.
Mashvisor
JULY 10, 2022
Did you know that active-duty military members and veterans are well-positioned to build lucrative real estate investments? It’s true!
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