Category Archives: Uncategorized

Judge orders Quicken Loans to pay $11 million in fines and damages By Ken Harney July 20 Quicken Loans arguably has the mortgage industry’s most squeaky-clean image – named by J.D. Power as No. 1 in home loan customer satisfaction … Continue reading →

MCLEAN, VA–(Marketwired – Jul 13, 2017) – Freddie Mac (OTCQB: FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS ®), showing average mortgage rates rising across the board for the second consecutive week.

‘Credit-repair’ firms pay $2 million to settle complaints of abusive practices By Kenneth R. Harney July 5 You’ve almost certainly seen or heard pitches for “credit repair” services promising to clean up your credit problems, reduce your debt or even … Continue reading →

How to ditch vibe-crushers that could give potential buyers the creeps By Valli Herman July 6 Whether it’s an off-putting odor, kitschy decor or questionable artwork, a good real estate agent knows how to disappear such sale-killers for potential buyers … Continue reading →

3 Types Of Loans To Go For If You’re Credit Challenged By J.R. Duren July 6 The latest numbers from mortgage analysts Ellie Mae show that the average FICO score of approved conventional mortgages is 732. If a borrower has … Continue reading →

Pending Home Sales Tumble in May for Third Straight Month WASHINGTON (June 28, 2017) – The ongoing supply shortages that are propping up home prices in many metro areas caused pending home sales in May to slump for the third … Continue reading →

Mortgage broker unveils another online way to assess what your house is worth By Kenneth R. Harney June 28 Do we really need another Zillow Zestimate-style online gizmo to tell us what a computer model says our homes are worth? … Continue reading →

Probate Home Sales Have Their Own Special Rules By Bob Hunt June 26 Frequently the real estate that had been owned by a person now deceased is made available for sale through a procedure commonly known as a “probate sale.” … Continue reading →

71 Percent of Homeowners Believe It’s a Good Time to Sell; Economic and Financial Confidence Dips: Realtors® HOME Survey WASHINGTON (June 26, 2017) – Existing housing inventory has declined year over year each month for two straight years, but new … Continue reading →

Existing-Home Sales Rise 1.1 Percent in May; Median Sales Price Ascends to New High WASHINGTON (June 21, 2017) – Existing-home sales rebounded in May following a notable decline in April, and low inventory levels helped propel the median sales price … Continue reading →