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Mortgage Rates Continue to Show Little Movement
The 30-year-fixed-rate mortgage only slightly increased this week, up to 6.82% from last week’s dip to 6.79%, according to the latest Primary Mortgage Market Survey® (PMMS®) released Thursday from Freddie Mac. Here’s a look at this week’s numbers: The 30-year FRM averaged 6.82 percent as of April 4, 2024, up from last week when it…
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The Impact of Low Appraisals on Home Sales and Mortgages
When buying and selling real estate, the appraisal is pivotal. It’s an expert’s objective estimation of a home’s worth and serves as a cornerstone for financial decisions in real estate transactions. However, a low appraisal can disrupt the whole process and lead to complications for buyers, sellers, Realtors, and lenders. I will examine the ramifications…
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‘Beer Can Island,’ champagne of Florida isles, hits suds for $14.2M
European house prices fall for first time in a decade - Financial Times
Get More Listings by Connecting With These 5 Demographics
There are several reasons agents prefer listing over working with buyers. From the ability to take on more clients at once to less time spent touring properties to increased control over transactions, many agents just prefer to represent sellers. But how do you find listing opportunities if this is your desired route? Get in touch…
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Recent Redlining Settlements Outline Framework for Fair Lending
The term “redlining” may evoke images of 1930s bankers and real estate men drawing segregated maps in smoke-filled back rooms, but a growing log of settlements announced by the Civil Rights Division of the U.S. Department of Justice (DOJ) suggests that redlining is a persistent and pernicious practice. Occurring in both the past and present,…
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New homes activity picks up significantly in U.S. - Calgary Herald
NAR Announces 2024 Fair Housing Champion Award Winners
The National Association of REALTORS® and Realtor.com today honored three winners of the Fair Housing Champion Award during NAR’s Fair Housing Month event, “Many Rivers to Cross: America’s Ongoing Fair Housing Journey.” Honorees received recognition for their efforts to advance fair housing and expand homeownership in their communities. With the Fair Housing Champion Award, REALTORS®…
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Consumers Set to Receive Refunds From 2022 Opendoor Settlement
This week, over 50,000 Opendoor customers will be receiving refunds based on a 2022 settlement agreement related to deceptive advertising practices, according to an announcement by the Federal Trade Commission (FTC). A total of $62 million is going back in the pockets of consumers who utilized the iBuying service years ago, based on a consent…
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European developer Ghelamco acquires second site in London - Show House News
Raimon Land plans expansion into Europe and Australia next year - Nation Thailand
U.S. property taxes rose nearly 7% in 2023 - National Mortgage News
Earnnest announced as the latest MoxiWorks partner
