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Compass adds 10 principal agents to Ocean City office

Inman

Compass has recruited 15 agents from an Ocean City, New Jersey, RE/MAX franchise, 10 of whom will serve as principal agents. The new recruits represent $136 million in 2022 sales volume.

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The month in reverse mortgage rates: April 2024

Housing Wire

This rate is used, among other things, to help determine a borrower’s initial principal limit (borrowing capacity). When looking up the borrower’s principal limit factor, we would use 6.75%. So, it is understandable that HECM prospects want to know how unlocked expected rates could impact their principal limit. Example With a 2.5%

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The month in reverse mortgage rates: March 2024

Housing Wire

Department of Housing and Urban Development (HUD) determines how much principal a lender can provide a borrower. This “principal limit” calculation is based on factors like home value, age, and of course, interest rates. Conversely, when expected rates are lower at origination, borrowers are offered more principal.

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Second homes and the principal residence tax exemption

REM Online

The original post can be found at the following URL: Second homes and the principal residence tax exemption. The original post can be found at the following URL: Second homes and the principal residence tax exemption. The following content may have been republished here without the author's permission.

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Mortgage 101: How to Calculate Principal and Interest

Bigger Pockets

Calculating the principal and interest on your loan helps you identify the actual cost of a property. If you have a $400,000 loan at a 30-year fixed rate of 5%, […]

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Keller Williams announces new executive appointments 

Housing Wire

“Well-known across our ecosystem as servant leaders, Wendi and John will act as growth partners for our regional operating principals and regional directors,” Mark Willis, CEO of KW , said in a statement. Wendi has inspired, trained, and recruited many of our best agents, team leaders, and operating principals,” Willis added.

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New Development Spotlight: Ordino Resorts Villas Residential in the Principality of Andorra

Sotheby's International Real Estate

Ordino, The Principality of Andorra | Narcís Socías Tomàs, Andorra Sotheby’s International Realty . Continue reading New Development Spotlight: Ordino Resorts Villas Residential in the Principality of Andorra at Sotheby´s International Realty | Blog.