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Rising interest rates trigger an exuberant MSR market 

Housing Wire

Incenter Mortgage Advisors was flooded with a surge of mortgage-servicing rights business in January — with bulk MSR sales approaching in one month what the firm normally tallies in an entire year. In fact, five of the deals involved MSRs pegged to loan pools that exceeded $10 billion in unpaid principal balance.

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How to Apply For a First-Time Home Buyers Loan: Simplifying the Process Into 8 Doable Steps

HomeLight

First-time homebuyer loans can help make it easier on first-time homebuyers , offering access to special mortgage programs with low down payments. With this expert-backed guide, we’re here to help: Here’s how to apply for a first time home buyers loan in eight manageable steps. Source: (LinkedIn Sales Solutions / Unsplash).

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Georgia Sellers: Here’s a Round Up of Your Closing Costs

HomeLight

The Georgia Association of Realtors reports that closing costs in Georgia typically range 5% to 10% of the home’s sale price. This total cost includes: Prep costs: $5,238 for pre-listing home improvements such as lawn care, painting, staging, and more. Loan payoff amount. Loan reconveyance fee. Not in Atlanta?

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What Home Sellers Need to Know about Closing Costs in Kentucky

HomeLight

If you’re selling your Kentucky home, you may be wondering how much you’ll make on the sale, what required costs will eat into your profit, and where you can cut costs. This means understanding which fees you’ll be responsible for when the sale closes. Percentage of sale or flat price. 150,000 sale). 150,000 sale).

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Fees and Costs Associated With Selling a House in 2023

HomeLight

Depending on the price range of the home, I tell my clients that they need to be ready to spend 9%–10% of the sale price on selling costs, including the real estate agent commission and closing costs,” says Joanne McCoy , a top-selling real estate agent in Lincoln, Nebraska. Selling fee Typical % of sale price Real estate agent commission 5.8%

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21 Dos and Don’ts When Buying a Home

HomeLight

For example, it may be worth strategically paying down some of your debt or disputing any errors on your credit report before purchasing a home. These events may not necessarily prevent you from buying a house, but there may be a time limit required from the time the event happened until you can purchase a home with a mortgage.

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6 of the Top We Buy Houses for Cash Companies in Melbourne, Florida

HomeLight

Perhaps you need a fast home sale to start a new job. Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract. Close the sale and get paid quickly.