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.
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.
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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!
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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