The share of U.S. homeowners who were late paying mortgages fell to an almost 25-year low in the third quarter as a strong labor market helped borrowers pay their bills on time, the Mortgage Bankers Association said on Thursday. The delinquency rate fell to 3.97% in the third quarter, the
Fannie Mae and Freddie Mac are on the path to exit conservatorship, a step that could come as soon as 2022. Fannie and Freddie were taken into conservatorship in September 2008, with the government providing each of the GSEs with hundreds of billions of dollars in financial support in order
A former real estate and title insurance executive has received the longest prison sentence in the college admissions scandal so far. Read More
The ideal locations for investment properties are located in the Northeast region of the U.S., a new report from TurboTenant says. New York, Pennsylvania, Massachusetts, and New Hampshire were highlighted in The Best Place to Buy Rental Investment Property report. For measure, in the first quarter this year, returns averaged
The Federal Housing Administration’s flagship Mutual Mortgage Insurance Fund is in the best condition since before the financial crisis, with capital levels at the highest level since 2007. The FHA’s annual report to Congress showed a capital ratio of 4.84%, up from 2.76% last year. That’s from a fund that
CEO Ryan Schneider said he’s open to divesting from other “non-core” businesses during a panel discussion at the Stephens Nashville Investment Conference Thursday. Read More
Keller Offers, a dual offering from Offerpad and Keller Williams, launches next in Birmingham, Alabama. Read More
NAR’s Strategic Thinking Advisory Committee came up with new statements in collaboration with Havas, the same ad agency responsible for the “That’s Who We R” campaign. Read More
This week, the average U.S. fixed rate for a 30-year mortgage rose to 3.75%. That’s 6 basis points above last week’s 3.69% but still more than a percentage point below the 4.94% of the year-earlier week, according to the Freddie Mac Primary Mortgage Market Survey. The modest uptick in mortgage rates over the last two months
If you step back and look at the recent debate about pocket listings it was about transparency. Make listings available for everyone to see instantly. No holding back. Read More
In a move that could bring the digital closing experience to a large number of new consumers, Notarize announced Thursday that it has teamed up with real estate tech giant Ellie Mae. Read More
By all accounts, 2019 is going to end up being the best year for the mortgage business in at least three years, but is there appears to be a serious fly in the mortgage business’ ointment. A new survey shows that borrowers’ satisfaction with their lender dropped significantly in the
Meridian Listing Agent Kevin Harper Says Idaho Real Estate Market Stronger Than Many Expected
Lake & Town Realty Partners With Real Estate Portal Lakefront Living Realty LLC
Reseller Hosting Provider Launches White Label Webhosting Education Campaign For Freelancers
Ohio Investment Real Estate Broker Launches New Property Search Website
Zillow News Truth Delta: Opinion & Editorial