Interest Rate Hikes Don’t Always Affect Mortgages
Rates on short-term credit, such as credit cards, will likely rise at the same pace as interest rates. But the link to long-term rates, such as mortgages, isn’t as clear.
Fewer Buyers Waive Contingencies
Rising home prices create greater risk for buyers. As a result, they’re less likely to forego inspections, appraisals and other contract contingencies.
Be the Go-To Local Agent on Instagram
Instagram provides a strong foundation for marketing, but only if prospective customers quickly understand who you are and what you can do for them.
Dec. New Home Sales Up 11.9% Month-to-Month
Buyers worried about rising interest rates and home prices pushed new-home sales to a 10-month high in Dec.
Junk Fees in Mortgages? CFPB Wants to Know
Saying it wants to save consumers billions, the consumer bureau issued a request for Americans’ junk-fee stories – iffy charges added to any financial product.
Spring Buying Season May Have Arrived Early
Home prices continue to rise and mortgage rates appear ready to follow. Some skittish buyers are jumping into the market now, fearful what could happen if they wait.
Fed Says It May Raise Interest Rates in March
In the face of persistent inflation, the Fed announced Wed. it would soon raise interest rates. That’s likely to push all types of credit rates – including mortgages – higher.
Will That Lead Convert? How Assess the Chances
Gathering leads isn’t the goal. It’s a step. To effectively convert leads into customers, agents should know how to identify the likeliest candidates.
Condo Q&A: New Board Members Must Take Classes?
Also: May condo unit owners request a list of fellow owners who are delinquent? And what are the rules for replacing carpets with hardwood floors?
Spouse vs. House? Single Women Buying More Homes
Two out of three single women – the second-largest buying group – don’t need wedlock to buy a home, with 71% willing to move a future spouse in later.