Several government agencies are reviewing data to determine what will be the minimum down payment required under the new Qualified Residential Mortgage (QRM) guidelines scheduled to be revealed in the next few months. In the original Mortgage Market … [Read more...]
There Are Still Some Bears Out There!
Most real estate analysts are rather bullish on the housing market right now. Sales, pending contracts, prices and new construction starts are all up. The Home Price Expectation Survey released last month revealed a sense of optimism among the … [Read more...]
What It Took to Get a Mortgage in 2012 [INFOGRAPHIC]
InfoGraphic Reposted with permission. Read the latest Origination Insight Report from Ellie Mae … [Read more...]
Avoiding the Dirty Dozen Barriers to Short Sale Success
Short sales often take three times longer than a traditional transaction and sometimes never close at all. By hiring an agent who knows to avoid these twelve barriers, the process can be less stressful. 1.) Poor short sale candidate Establish … [Read more...]
Google & NAR’s Study on Digital Home Buying
Google and the National Association of Realtors (NAR) collaborated on a study looking at the digital usage of today’s home buyer. The study found that buyers are relying more and more on the Internet as they search for good real estate … [Read more...]
The QM Announcement and What It Means to Real Estate
For over a year, we have been reporting on the impact that the new regulations being created for the Qualified Mortgage (QM) and the Qualified Residential Mortgage (QRM) would have on the housing market. Last week, the Consumer Finance Financial … [Read more...]
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