Published by REALTOR.com | March 4, 2021 It looks like the era of cheap loans may be coming to an end. For the better part of a year, one bright spot for home buyers in this hypercompetitive market of record-high prices and a record-low number of homes for sale has been mortgage interest rates, which …
Mortgage Rates Tick Up Over 3 Percent, Dealing Home Buyers Another Blow Read More »
Published by Yahoo! News | February 26, 2021 Barker sided with the landlords and property owners, saying the national moratorium encroached on states’ rights. A federal judge has ruled that the national moratorium on evictions instituted by the Centers for Disease Control and Prevention is unconstitutional. U.S. District Judge John Barker did not issue an …
TX Federal Judge Rules That National Eviction Moratorium is Unconstitutional Read More »
Originally published by REALTOR.com | February 10, 2021 Homeowners must already be in forbearance on their mortgage by Feb. 28 to qualify for the three-month extension. The Federal Housing Finance Agency is extending the length of time that borrowers can be in a COVID-related forbearance on mortgages back by Fannie Mae and Freddie Mac. Originally, …
Borrowers With Fannie Mae, Freddie Mac Mortgages Can Get Additional Forbearance Read More »
Originally published by REALTOR.com | February 16, 2021 Political actions have both a direct and an indirect impact on the housing market. There’s a new political party in charge in Washington, D.C., one that hopes to make some big changes in the U.S. economy, including tax reform. While the initial priorities of the Biden administration …
Political Power Shift Could Generate Changes in the U.S. Luxury Housing Market Read More »
Published by USA Today on February 16, 2021 The foreclosure moratorium was set to expire March 31 and is now in place through June 30. President Joe Biden on Tuesday extended a ban on home foreclosures for federally backed mortgages by three months and expanded a mortgage relief program in a push to stabilize the nation’s housing affordability crisis amid the COVID-19 pandemic. The foreclosure moratorium was set to …
President Biden extends mortgage relief, ban on home foreclosures through June Read More »
Published by FloridaRealtors.org | February 4, 2021 ORLANDO, Fla. – Homebuilding experienced “a surprise year of growth” in 2020 despite the pandemic, but new home construction this year will be constrained by supply-side factors like higher lumber costs, a shortage of lots and regulatory issues, according to Dr. Robert Dietz, chief economist and senior vice president …
By Tom Henderson | January 21, 2021 At least once a month I am asked how to get started in notes with small amounts of money. When you learn the concepts of the time value of money you do not need to wait for the smaller notes, because you are empowered to use other people’s …
Large Notes, Small Money — And Astronomical Yields Read More »
Originally published by REALTOR.com | January 27, 2021 If you’re playing the waiting game with mortgage rates, you may not want to wait much longer. A new study from Haus, the home-finance startup created by Uber co-founder Garrett Camp, examined what role seasonality, loan size, credit scores and other factors play in the mortgage rates that lenders …
Originally published by Bloomberg | January 20, 2021 The order calls for the moratorium, set to expire at the end of this month, to be extended through at least March 31. President Joe Biden plans to extend bans on home evictions and foreclosures imposed last year to mitigate the dual economic and health crises spurred …
Biden to Extend CDC Moratorium on Evictions and Foreclosures Read More »
Originally published by Barron’s | January 14, 2021 Mortgage rates typically rise and fall alongside the 10-year Treasury yield since both are influenced by investor activity in the bond market. Mortgage rates increased this week from their historic low. Home buyers and owners looking to refinance shouldn’t expect them to go back down. Bond yields, …
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