Home Buyers Get a Rare Price Break on Mortgage Insurance Premiums By Clare Trapasso

Everything in the world of real estate seems to be getting more expensive these days: from home prices to mortgage rates to the furniture you’ll need to fill up that new place. So it’s good to hear that some home buyers will finally get a break. Mortgage insurance premiums are slated to go down by … More Home Buyers Get a Rare Price Break on Mortgage Insurance Premiums By Clare Trapasso

Man Battles His HOA for 7 Years Over a $500 Mailbox—and Wins by By Natalie Way

One afternoon in 2009, Keith Strong received a letter at home in Bowie, MD, stating that he’d have to buy a new mailbox … for $500. Who could issue such a draconian order—and why? It turns out this mandate came from Strong’s homeowners association, or HOA, which had deemed that certain mailboxes in the community were looking run-down. So, the board decided … More Man Battles His HOA for 7 Years Over a $500 Mailbox—and Wins by By Natalie Way

Dismantling Dodd-Frank remains a high priority by housingwire – Ben Lane

It’s been a busy first week in office for President Donald Trump, with executive orders on immigration, energy, trade, health care, and more being handed down daily. But executive orders are just the preamble to the big initiatives that Trump and the Republican majority in Congress are expected to push for shortly. Chief among those is … More Dismantling Dodd-Frank remains a high priority by housingwire – Ben Lane

Foreclosure Happens, But There Are Solutions by Glenn Setzer

The best mortgage advice does not have to do  with interest rates or loan-to-value ratios. The magic words are: don’t ever miss a mortgage payment! Sure, you took out your mortgage with every intention of being a responsible homeowner, making all payments on time, keeping your homeowner’s insurance current and your taxes paid. Still, stuff happens. … More Foreclosure Happens, But There Are Solutions by Glenn Setzer

Study Touts Credit Union Savings DS NEW by Phil Banker

A study released Monday by the National Association of Federally-Insured Credit Unions (NAFCU) shows U.S. consumers save $16 billion per year through the credit union federal income tax exemption. The total benefit to U.S. consumers from the presence of credit unions in financial markets was $159 billion over the 10 years covered by the study, … More Study Touts Credit Union Savings DS NEW by Phil Banker

2016 Brought Largest Foreclosure Decline on Record by Timothy Mc

The foreclosure rate for 2016 had the largest improvement of any year since 2000, according to Black Knight Financial Services Inc.’s (BKFS) First Look at December. Only 0.95 percent of active mortgages at the end of 2016 were in some stage of the foreclosure process, which amounts to a year-over-year reduction of 30 percent in foreclosure rates. … More 2016 Brought Largest Foreclosure Decline on Record by Timothy Mc

Down, Down, Down for Mortgage Rates by Brian Honea

Who says mortgage interest rates are headed toward the 5 percent mark? For the week ending January 19, rates declined for the third consecutive week and are now headed back toward 4 percent. The average 30-year FRM dropped by 3 basis points over-the week, down to 4.09 percent after reaching a two-year high of 4.32 … More Down, Down, Down for Mortgage Rates by Brian Honea

Mortgage-Rate Rise Hits Coastal Property Markets Hardest by Laura Kusisto

Pricey real-estate markets on the coasts are bearing the brunt of the recent rise in mortgage rates and are likely to feel more pain as rates climb, housing economists say. The average rate for a 30-year mortgage has risen to 4.12% from 3.5% before the election in November. An analysis by the National Association of … More Mortgage-Rate Rise Hits Coastal Property Markets Hardest by Laura Kusisto

Commercial Real Estate Investment Activity Set to Rebound in 2017

CHICAGO, IL–(Marketwired – Jan 18, 2017) – Despite economic uncertainty and geopolitical challenges, commercial real estate investment activity remains robust and is anticipated to rebound in 2017 according to new analysis by JLL ( NYSE : JLL ). In fact, global investment volumes are projected to climb back toward $700 billion this year, up from … More Commercial Real Estate Investment Activity Set to Rebound in 2017