Second Quarter Home Prices Eclipse 2016

Home Prices Jump 6.2 Percent in Second Quarter; Eclipse 2016 High

WASHINGTON (August 16, 2017) – The headstrong supply and demand imbalances in much of the country slightly tempered the pace of sales and caused home prices to maintain their robust growth in the second quarter, according to the latest quarterly report by the National Association of Realtors®.

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Mortgage Rates Inch Lower

Mortgage Rates Inch Lower

MCLEAN, VA–(Marketwired – Aug 10, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed mortgage rate dropping to its lowest point in six weeks.

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Should You Invest In Real Estate?

Should You Invest In Rental Real Estate?

By Erik Carter

August 9

Are you considering investing directly in rental real estate? With many people increasingly concerned about both stock and bond market valuations, you’re not alone. First, let’s take a look at some of the benefits of becoming a landlord:

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Fannie & Freddie stick with FICO formula

Fannie and Freddie will stick with FICO formula for at least two more years

By Kenneth R. Harney

August 9

If you’ve been waiting for the long-anticipated news that the two dominant players in the home-mortgage arena – Fannie Mae and Freddie Mac – finally have decided to overhaul their outdated credit-scoring systems to expand homeownership opportunities for a broader range of consumers, sorry. Your wait just got a lot longer.

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Mortgage Rates Hold Steady

Mortgage Rates Hold Steady

MCLEAN, VA–(Marketwired – Aug 3, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates not deviating much from the previous week.

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Tax-Free Exchange

Tax Free Exchange: A Valuable Alternative To A Home Sale

By BENNY L. KASS

August 1

Congress is currently talking tax reform. Two very important real estate benefits are on the so-called “chopping block”, either to be completely eliminated or significantly curtailed.

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Dogs major influence for Millennials home purchase

It’s A Dog’s Life For Millennials: What’s Really Driving Their Desire To Buy A House

By JAYMI NACIRI

August 2

Is the millennial homebuying surge about finally “growing up” and giving up mom’s home-cooked meals and laundry services? Is it about finally having student loans paid off and feeling secure enough to take on the financial burden? Perhaps it’s really about getting ready to marry and have kids. Nope. Turns out none of these things could convince millennials to buy homes like their little furry friend could.

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Freddie Mac revising loan policy

Freddie Mac pulls back on loans with extra-low down payments

By Kenneth R. Harney

August 2

One percent down on a new home loan? Zero down? Generous gifts of thousands of dollars from mortgage companies to help you swing the deal?

If any of these sounds attractive to you, here’s a little sobering news: One of the country’s two largest mortgage sources is eliminating them.

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Mortgage Rates Drop Again

Mortgage Rates Drop Again

MCLEAN, VA–(Marketwired – Jul 27, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing average mortgage rates dropping for the second consecutive week.

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Renting vs Buying a Home

7 Reasons To Stop Renting Today

By JAYMI NACIRI

July 26

Still renting? You must have a good reason. Although, we’re not really sure what it is. With rents continuing to rise across the country, interest rates staying around historic levels, and new loans lowering down payment requirements, it just makes sense to take the leap to homeownership.

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