Mortgages

FHFA to Help Low-Income Owners Cut Mortgage Costs

Published by REALTOR Magazine | April 29, 2021 The program is geared to homeowners with single-family, Fannie Mae or Freddie Mac-backed mortgages. The Federal Housing Finance Agency is giving low-income homeowners who missed out on the refinancing boom last year another chance. FHFA announced a program this week that will help low-income homeowners with government-backed …

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‘Unprecedented’ Housing Shortage in Palm Beach County Sparks Feeding Frenzy Among Realtors

Published by The Palm Beach Post | April 8, 2021 The sizzling housing market is a double-edged sword for Realtors. Glossy mailers, cold calls and text messages — if you are a homeowner, you’ve probably received more than one gauging your interest in selling your home amid what is the hottest real estate market in more …

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Did You Refinance Your Mortgage Last Year? Here’s How It Could Affect Your Taxes

Published by REALTOR.com | March 8, 2021 The Mortgage Bankers Association estimated that lenders originated some 7.1 million refinance loans last year. As interest rates plummeted throughout 2020, mortgage refinancing became a major avenue to saving money in the midst of the coronavirus pandemic. But those who took the plunge need to be aware of …

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Omar Pitches National Cancellation of Rent and Mortgage Payments Until April 2022

Published by The Washington Examiner | March 11, 2021 Rep. Ilhan Omar (D-MN) introduced a bill that seeks to cancel rent and mortgages nationwide through the duration of the coronavirus pandemic. The Rent and Mortgage Cancellation Act would allow for full payment forgiveness, with no accumulation of debt for renters or homeowners and no negative impact on …

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Mortgage Rates Tick Up Over 3 Percent, Dealing Home Buyers Another Blow

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 …

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TX Federal Judge Rules That National Eviction Moratorium is Unconstitutional

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 …

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