National Real Estate News

May 23, 2019

Dated designs can sink home sales – what not to do

NEW YORK – May 22, 2019 – Home trends come and go, but which are most prime for falling out of favor? Apartment Therapy recently took a look at the unfiltered opinions of some 2,400 posts to a question on Reddit about home trends that people will most likely ...

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May 21, 2019

U.S. House OK's bill giving LGBTQ fair housing protection

WASHINGTON – May 20, 2019 – The U.S. House of Representatives took a step on Friday that sought to stop housing discrimination based on sexual orientation. It's a move that several housing groups, including the National Association of Realtors® (NAR), have long advocated.

The House voted ...

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May 13, 2019

Survey: Consumers say owning easier than renting

NEW YORK – May 9, 2019 – A majority of homeowners say they believe owning a home isn't as difficult as renting, according to a new survey from LendingTree, an online loan marketplace.

Only 15 percent of homeowners believe renting is easier than owning a home compared with 67 ...

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May 9, 2019

Study: How do most first-time buyers get a downpayment?

WASHINGTON – May 8, 2019 – Freddie Mac's May Insight examines the perceptions prospective homebuyers have around down payments, the funding sources they use, and how families and others assist them.

In addition to the common misbelief that lenders require a 20 percent downpayment on a mortgage, borrowers often ...

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May 8, 2019

Ginnie Mae: Multiple refinances cause problems

NEW YORK – May 7, 2019 – It can be financially harmful to borrowers and investors to repeatedly refinance their mortgages, warns Ginnie Mae, a government-backed firm that guarantees government mortgage bonds. As a result, Ginnie Mae is taking steps to crack down on the practice of "churning," where lenders ...

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May 7, 2019

Want flood insurance for hurricane season? You’re late!

WASHINGTON – May 6, 2019 – While some Florida homeowners have private options, national flood insurance has a 30-day waiting period in most cases – and hurricane season starts in 25 days.

As it stands now, the entire National Flood Insurance Program (NFIP) expires on May 31, 2019. Should that ...

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May 3, 2019

Mortgage rates drop – 30-year average at 4.14%

WASHINGTON (AP) –May 2, 2019 – U.S. long-term mortgage rates fell this week after four weeks of increases, giving a boost to prospective home buyers during the spring sales season.

Mortgage buyer Freddie Mac says the average rate on the 30-year, fixed-rate mortgage dropped to 4.14 percent from ...

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May 2, 2019

50% of boomers may face a home vs. healthcare decision

ORLANDO, Fla. – May 1, 2019 – Researchers at the University of Chicago said in a recent study that many adults "aging in place" could find that unexpected healthcare costs threaten their ability to keep their home.

According to the study that looked at probabilities in 10 years, more than ...

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April 26, 2019

A home downpayment shouldn’t wreck buyers’ finances

NEW YORK – April 25, 2019 – Maximizing a home down payment can make sense: The bigger the down payment, the lower the monthly mortgage bill and the better the chance of building equity more quickly.

But putting too much down could leave you without enough cash for home maintenance ...

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April 24, 2019

March new-home sales pace highest since Nov. 2017

WASHINGTON – April 23, 2019 – Sales of newly built, single-family homes rose to a seasonally adjusted annual rate of 692,000 units in March after a slightly revised February report, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S ...

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