Daily News And Advice
Updated 01:00 AM CDT Today
New Loan Disclosure Rules May Cause Escrow Delays
Under new rules adopted by the Federal Reserve Board, beginning July 30, 2009, mortgage lending will be subject to expanded disclosure requirements. This may well be a good thing. However, until everyone gets used to it, it also may cause occasional delays in closings. FULL STORY->
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Washington Report: Home Valuation Code of Conduct
With Congress due back on Capitol Hill after Labor Day, the legislative fight over Fannie Mae's and Freddie Mac's controversial appraisal rules is heating up. Bipartisan legislation that would put the “Home Valuation Code of Conduct” (or HVCC) on hold for 18 months has steadily gathered support in the past month, and now has 54 co-sponsors. FULL STORY->
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Investor Report: Bank REO
Real estate investors are playing a key role in the housing recovery now underway, buying up bank REO property, wading into distressed neighborhoods to turn around boarded-up foreclosures into rentals. But how much of the fast-rising pace of home sales this summer is attributable to small-scale investors? FULL STORY->
Information to Review Before You Get a Mortgage Loan
The housing crash brought with it many changes including government programs to aid homeowners facing foreclosures, a closer look at lending practices, and new loan products for consumers. FULL STORY->
Low Mortgage Rates Helping to Stabilize Housing Market
Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS) in which the 30-year fixed-rate mortgage (FRM) averaged 5.14 percent with an average 0.7 point for the week ending August 27, 2009, up from last week when it averaged 5.12 percent. Last year at this time, the 30-year FRM averaged 6.40 percent. FULL STORY->
How to Increase Your Gross Commission Income
There are only three ways to increase your gross commission income. All take effort and a good strategic plan to execute. In the end, they don't happen by accident. In this article, columnist Dirk Zeller will deal exclusively with how to increase the sales price of the units you sell. FULL STORY->
Washington Report: Home Valuation Code of Conduct
With Congress due back on Capitol Hill after Labor Day, the legislative fight over Fannie Mae's and Freddie Mac's controversial appraisal rules is heating up. Bipartisan legislation that would put the “Home Valuation Code of Conduct” (or HVCC) on hold for 18 months has steadily gathered support in the past month, and now has 54 co-sponsors. FULL STORY->
I Always Loved My Board of Realtors
Executive officers are stepping up all over the country to provide the training that their members need. Columnist Walter Sanford explains why. FULL STORY->
The Art of Home Selling
What do art and design educators know about selling homes online? Digital curb appeal, crafting professional design, vision, marketing and a whole lot more. FULL STORY->
Turning Internet Confusion into Success
The simple fact that the internet is a part of the returning real estate market is not big news, but with so much information coming out so fast, understanding it can be difficult. This article is the second in a series of six that decodes the basics, and even some mild intricacies, of the world of electronic marketing and will show you how to compete and succeed in an area of marketing where you might have previously feared to tread. FULL STORY->
Builders Helping Build Better Communities, And Investment Possibilities
Peter L. Mosca shares an excerpt of an interview with Brad Harker, Land and Loan Specialist with Kingston Management Services LLC, a successful bidder of FDIC distressed assets, who discusses the intricacies of this asset, and provides guidance on how to achieve investment objectives via land purchases. FULL STORY->
Know Your Buyers; Better Their Lives
There's some new research that sheds light on why real estate consumers pick up and move. Not surprisingly, most do so to better their lives. According to Relocation.com, the a leading online consumer resource for moving services, 50 percent of people who recently moved did so to improve their living situation, whether to move into a bigger home or move to a better neighborhood. FULL STORY->
HOA Going Green
The Confident Rookie Series: Know Your Systems & Practice with Your Printer
Real Estate Outlook: Encouraging Numbers
There May Be More than One "Bottom" to the Market
ecoENERGY Retrofit in Full Swing!
Washington Report: Protecting Consumers
Social Networking
Investor Report: Defaulted Mortgage Notes
Mortgage Rates Down to Lowest Level in Three Months
Market Conditions
Selling Your Home, Know Your Buyer Market
Increasing Sales Production Through Quality of the Prospect
Part Two: Creating an FDIC Asset Strategy to Maximize Today's Market Conditions
Turning Internet Confusion into Success
CPSC Opens Drywall Information Center
Differentiate Yourself: Build With Home Gateways, Digital Possibilities in Mind
Avoid Devastation When The Landlord Forecloses on Your Rental Home
Ask the HOA Expert
Real Estate Outlook: Price and Sale Gains
Adding a Rental Unit to Your Home
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CURRENT
MORTGAGE RATES
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Interest Rate Watch
| 30 yr fixed: |
5.14% |
| 15 yr fixed: |
4.58% |
| 1 yr adj: |
4.69% |
(U.S. Daily Averages) |
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