Realty Biz

APRIL 8, 2024

This includes checking your credit score, saving for a down payment, and getting pre-approved for a mortgage. Answer: What you can afford depends on your income, credit rating, current monthly expenses, down payment, and interest rate. What Is a Mortgage Pre-Approval? What Can I Afford?

Pre-qualification 57

Pre-qualification Pre-approval Closing costs FHA loan 57

Marco Santarelli

APRIL 24, 2024

Holding Your Ground: The Waiting Game's Potential Pitfalls Let's imagine you decide to wait for rates to fall. But here's the rub: the housing market is a dynamic entity, and its future trajectory can be unpredictable. In a competitive market, a buyer with a pre-approved mortgage is often seen as more attractive by sellers.

Pre-approval 52

Pre-approval Mortgages FHA loan Fixed-rate mortgage 52

HomeLight

DECEMBER 27, 2023

Speaking with a mortgage lender — or several — before you buy a home shows that you’re a serious consumer, but talking with one of these experts before you sell a house also has several benefits. Even with a fixed-rate mortgage, your total monthly payment can change.

Pre-approval 109

Pre-approval Mortgages Equity Principal 109

Marco Santarelli

SEPTEMBER 22, 2023

Home prices have been rising rapidly in recent years, with some markets seeing double-digit growth. A housing bubble is a sustained but temporary condition of over-valued prices and rampant speculation in housing markets. Speculators pour money into the market, further driving up demand. Are We in a Housing Bubble?

Pre-approval 98

Pre-approval Fixed-rate mortgage Lending Equity 98

Realty Biz

MARCH 30, 2023

There are fixed-rate mortgages, adjustable-rate mortgages, hybrid loans, reverse mortgages, and FHA loans that all come with varying interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 102

Mortgages Pre-approval Pre-qualification Due diligence 102

Realty Biz

AUGUST 12, 2023

Fixed-Rate Mortgage : A mortgage in which the interest rate remains the same for the entire term of the loan. Adjustable-Rate Mortgage (ARM) : A mortgage in which the interest rate can change periodically based on changes in a corresponding financial index.

Purchase and sale agreement 97

Purchase and sale agreement Mortgages Pre-approval Title search 97

Realtor.com

APRIL 29, 2021

To avoid this fate, make sure to crunch your numbers in our mortgage calculator or a home affordability calculator , and apply for mortgage pre-approval to see just where you stand in terms of how much house you can afford. And make sure you’re aware of the biggest misconceptions about home mortgages.

Pre-qualification 122

Pre-qualification Pre-approval Mortgages Fixed-rate mortgage 122

Realtor.com

AUGUST 13, 2020

1: Everyone qualifies for low interest rates. There’s a lot of buzz about record-low mortgage interest rates lately. Most recently, a 30-year fixed-rate mortgage dropped to 2.88% for the week of Aug. 3: Everyone should refinance their mortgage. 6, according to Freddie Mac.

Pre-approval 145

Pre-approval Mortgages Loans Fixed-rate mortgage 145

Lab Coat Agents

FEBRUARY 7, 2023

Are you in the market to buy your first home? The most common types of mortgages are: 30-year fixed-rate mortgage: With this type of loan, the interest rate remains fixed for the entire term, typically 30 years. Be sure to compare offers from multiple lenders to get the best deal on your mortgage.

FHA loan 96

FHA loan VA loan Pre-approval Fixed-rate mortgage 96

Realty Biz

AUGUST 28, 2023

Interest rates on all lending across the US have become increasingly expensive, and that means financing a home loan is now potentially much more costly than it has been in quite literally decades. Here’s what the new normal looks like and what it means for new home buyers looking to enter the real estate market.

Pre-approval 91

Pre-approval Fixed-rate mortgage Lending Loans 91

Realty Biz

FEBRUARY 7, 2023

Figure Out What Mortgage Program Works Best When you start looking for a mortgage , one of the first steps should be deciding what loan terms you want. For example, do you want a 30-year fixed or adjustable-rate mortgage? A fixed-rate mortgage will give you more stability if you stay in the home longer.

Pre-approval 75

Pre-approval Mortgages Pre-qualification VA loan 75

First Team Real Estate

JULY 24, 2020

The average 30-year fixed-rate mortgage fell to a record low of 2.98% last week, the lowest ever recorded by Freddie Mac in the nearly 50 years of the mortgage giant’s survey. The opportunity created by lower mortgage rates is driving up home buying, and helping the housing market make an impressive rebound.

Pre-approval 98

Pre-approval Mortgages Fixed-rate mortgage Closing 98

Redfin

JULY 11, 2023

The interest rate and term length determine the amount of your monthly payments. What are the different types of mortgages? When considering mortgage options, it’s important to understand the different types available. How is a mortgage rate determined? How does the mortgage pre-approval process work?

Pre-approval 59

Pre-approval Mortgages Pre-qualification Debt-to-income ratio 59

Real Trends

JANUARY 31, 2023

Last year’s housing market put would-be homebuyers through the wringer. Record-low inventory, an unpredictable rate environment and homes selling for two, three, four times (and more!) over asking price were just a few of the stress-inducing factors, particularly for first-time buyers.

Pre-approval 98

Pre-approval Fixed-rate mortgage Loans Mortgages 98

Realty Biz

JANUARY 14, 2022

The housing market is chilly as of December. The Aspen real estate market continues to expand, and house values in this location continue to rise every year. It is one of the world’s most sought after active luxury markets! Luxury Market. Cycling and camping are the two most popular activities at Maroon Bells.

Fixed-rate mortgage 97

Fixed-rate mortgage Pre-approval Mortgages As-is 97

Toronto Realty Blog

APRIL 18, 2022

But the point I’m trying to make today is that you can seemingly make a market out of anything. You can make a market out of anything. Because it’s a shot across the bow to anybody that is going to suggest an assumable mortgage is not a commodity that can, or will, be bought and sold with regularity in the coming months.

Fixed-rate mortgage 91

Fixed-rate mortgage Mortgages Purchase and sale agreement MLS 91

Norada Real Estate

JUNE 22, 2022

Financing turnkey rental properties is the most difficult question to solve for a buyer with no experience in the real estate market. They usually buy them at REO auctions, renovate them and rent them out to the tenants, before putting the property on the market for sale. This is certainly a Win-Win situation.

Finance 96

Finance FHA loan Investor Loans 96

Toronto Realty Blog

JUNE 20, 2022

The previous regime of the US Federal Reserve was trying to combat both recessionary pressures and inflation simultaneously, with interest rates being lowered and raised like a yo-yo, making a mess of the financial markets, consumer expectations and understanding, and the price of goods and services. But nothing of interest came out.

Principal 97

Principal Fixed-rate mortgage Pre-approval Mortgages 97

Realty Biz

SEPTEMBER 30, 2023

Seek professional advice: Working with a mortgage professional, such as a loan officer or mortgage broker, can provide valuable guidance. They can help you navigate the mortgage process and identify suitable options based on your financial situation and provide you with a pre-approval.

Finance 97

Finance Debt-to-income ratio FHA loan Mortgages 97

Marco Santarelli

JULY 23, 2022

In the summer of 2022, there is a lot of speculation in the media that the slowing housing market is an indication that the market is headed for a housing crash. People who recall the subprime mortgage crisis are concerned that the recent spike in home prices followed by a pause signals the bursting of another housing bubble.

Mortgages 52

Mortgages Marketing Lending Equity 52

Housing Wire

FEBRUARY 14, 2024

“Soft credit pulls are a critical tool that our member mortgage loan originators use to work with underserved borrowers — particularly borrowers with credit blemishes — to improve their credit score and ultimately obtain a pre-qualification or an actual mortgage loan,” the CHLA wrote in a letter to the three credit bureaus on Wednesday.

Pre-qualification 339

Pre-qualification Pre-approval Fixed-rate mortgage Loans 339

Real Trends

OCTOBER 23, 2022

Buying a home for the first time can be daunting, especially with how the market has been over the past few years. Rising interest rates and softening prices can create even more doubt for first-time homebuyers. First-time homebuyers’ extra jitters during today’s market. First-time homebuyers biggest fears.

VA loan 67

VA loan Pre-approval Fixed-rate mortgage Loans 67

Realty Biz

JULY 10, 2023

Mortgage rates have been on the rise in recent months, but that hasn't stopped home buyers from entering the market. So while mortgage rates are still creeping ever higher, home buyers are still entering the market. You’ll need to make a larger down payment or qualify for a higher-rate mortgage.

Mortgages 60

Mortgages Pre-approval Sales Fixed-rate mortgage 60

Realtor.com

JANUARY 19, 2022

Covering this housing market, I soon learned, was nothing at all like trying to navigate it myself. And, now that my homebuying odyssey is over, I wanted to share what I learned—things that no amount of writing about the housing market could teach. Not only that, we were about to sign up for 30 years of fixed-rate mortgage payments.

Pre-approval 110

Pre-approval Banks Closing Mortgages 110

Toronto Realty Blog

JANUARY 13, 2021

So far this year, we’ve talked a lot about bullishness in the Toronto real estate market and optimistic outlooks through multiple segments of the housing market, and with that always comes arguments to the contrary. I currently have a five-year, fixed-rate mortgage approved at 1.30%.

Sales 69

Sales Pre-approval Fixed-rate mortgage MLS 69

Housing Wire

AUGUST 29, 2022

After two golden years in the mortgage market during the pandemic period, refis have dried up and the industry has since pivoted toward a purchase market. It’s been about two months since UWM rolled out its new pricing strategy and Ishbia says he is already seeing the impact on the market. . Not all about pricing.

Equity 404

Equity Loan Officer Loans Mortgages 404

Toronto Realty Blog

MAY 26, 2022

I mean, “fine” with the state of the market and what she can expect to sell her condo for, but nobody is really “fine” with selling for less than they would have, could have, should have. That is what’s happening in the market right now, at least to some folks. She’s fine with that.

Fixed-rate mortgage 91

Fixed-rate mortgage Purchase and sale agreement Banks Mortgages 91

Redfin

JUNE 1, 2022

Homes in markets like Seattle, WA , regularly face bidding wars, while nationwide, nearly 6,000 have sold for $100,000 or more above asking price this year. There are three major reasons why housing is currently so expensive: limited supply, high demand, and historic inflation rates. Will inflation cause the market to cool down?

Mortgages 72

Mortgages Pre-approval Fixed-rate mortgage As-is 72

Redfin

JULY 10, 2023

With Austin’s real estate market conditions, there are pros and cons to both sides of the debate, making it that much harder to decide between renting or buying a home. According to a new Redfin study, the average rent price in Austin is $2,951, while the estimated median monthly mortgage cost is $3,801.

New Construction 51

New Construction Equity Closing costs Purchase and sale agreement 51

Toronto Realty Blog

DECEMBER 14, 2022

But because our market is so dynamic, we often come up with stories that are one-off’s or unique. 3) Market Frustration. 1) The “Problem” In Our Housing Market. 3) Market Frustration. 1) The “Problem” In Our Housing Market. 4) Refusal To Accept Market Reality. 1) The Pandemic.

Development 81

Development Purchase and sale agreement As-is Marketing 81

Redfin

FEBRUARY 10, 2023

With the unique real estate market in Seattle, both options present their own advantages and disadvantages which can make finding your perfect home a challenge. Advantages of buying a home in Seattle Strong real estate market Seattle has a strong real estate market, with a consistent increase in home prices over the recent years.

Equity 56

Equity Closing costs Mortgages Pre-approval 56

Toronto Realty Blog

JANUARY 8, 2024

And I do produce a monthly “Market Update eNewsletter” which a client recently told me is “like an extra blog post per month.” Some eventually accepted market conditions while others decided to hold off. Just consider this scenario for a moment: You’re in the market for your first home.

Sales 82

Sales As-is Pre-approval Marketing 82

The Close

DECEMBER 29, 2022

Furthermore, in today’s market, understanding our complex mortgage industry could actually help you close more deals and maybe even save clients money. So we’ve included a handy download with questions your clients should ask their mortgage broker. It’s often presented as a percentage of the fair market value. Assignment.

Purchase and sale agreement 97

Purchase and sale agreement Title Proof of funds Pre-approval 97

Marco Santarelli

AUGUST 2, 2020

Let’s take a look at the current state of the NYC real estate market amid the coronavirus pandemic. On the page, you'll find the latest housing market reports for NYC and also for the state of New York. Let us first find out the latest news about the housing market of New York City, which has been the epicenter of this pandemic.

Marketing 142

Marketing Sales Pre-approval Investor 142