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 … Continue reading Home Buyers Get a Rare Price Break on Mortgage Insurance Premiums By Clare Trapasso
Month: January 2017
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 … Continue reading 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 … Continue reading 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. … Continue reading 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, … Continue reading 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. … Continue reading 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 … Continue reading 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 … Continue reading 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 … Continue reading Commercial Real Estate Investment Activity Set to Rebound in 2017
NEW REVIEW OF OUR OFFICE!
I highly recommend Beth for your all your Real Estate dealings. My family has used her several times now and have found her and her team to be very professional, respond quickly and tenacious when dealing with others on our behalf. And what I appreciate most is how she is willing to take the time … Continue reading NEW REVIEW OF OUR OFFICE!
The Law Office of Beth Mann, P.C. 