IRS Extends More Tax Deadlines for Individuals, Businesses The IRS extended more tax deadlines to cover individuals, trusts, estates, corporations, and more, including deadline extensions for both 1031 like-kind exchanges and opportunity zone investments. Both programs are to help spur economic growth in communities. The National Association of REALTORS® advocated for both extensions. Last month, …
Category: News
Apr 13
Room for Rates to Move Down
Room for Rates to Move Down The 30-year fixed-rate mortgage held steady compared to last week, averaging 3.33%. “There is room for rates to move down,” says Sam Khater, Freddie Mac’s chief economist. “This year the 10-year Treasury market has declined by over a full percentage point, yet mortgage rates have only declined by …
Apr 10
Practicing Social Distancing, Neighbors Still Bond
Practicing Social Distancing, Neighbors Still Bond In a socially distanced world, neighbors are feeling more neighborly. Families are spending more time at home as cities close non-essential services to fight the spread of COVID-19. Stay-at-home and shelter-in-place orders are prompting neighbors to step outside and use their front porch as a venue to connect even as they …
Apr 09
How to Get Cleaner Air at Home
How to Get Cleaner Air at Home As more people spend time inside, indoor air quality is becoming a pressing issue. Here are a few tips from experts recently highlighted at Curbed.com. Use the vent when cooking. “One of the big things we’re starting to understand a little more is the problems with cooking,” Adriano …
Apr 08
Why Trust Freedom Mortgage
Why Trust Freedom Mortgage Our Focus: For over 25 years, Freedom Mortgage has been helping home buyers achieve the American dream of home ownership by delivering the best mortgage experience possible and getting you into your new home quickly. We are a top residential lender with the options and support you need! Read more on …
Apr 07
HUD Announces Extra Relief for Borrowers With FHA-Insured Mortgages
HUD Announces Extra Relief for Borrowers With FHA-Insured Mortgages The Department of Housing and Urban Development announced Thursday the Federal Housing Administration will offer a tailored set of mortgage relief options to those with FHA-insured mortgages who are being affected by the COVID-19 pandemic and who are unable to make their payments. Mortgage servicers may …
Apr 06
Number of Homes for Sale Has Dropped
Number of Homes for Sale Has Dropped The number of homes for sale declined 15.7% annually in March, a housing report released Thursday by realtor.com® shows. However, the national median listing price was up 3.8% to $320,000 last month, and homes spent fewer days on the market in March as the pandemic prompted mass restrictions …
Apr 03
How to Combat Loneliness Around Social Distancing
How to Combat Loneliness Around Social Distancing With shelter-in-place orders and social distancing restrictions becoming more common, people are seeing less of each other. This “social recession,” aimed at controlling the outbreak of COVID-19, also is heightening a sense of loneliness. Connecting with neighbors and others may be more challenging, but you can still find …
Apr 02
Strategies to Combat COVID-19 Spread in Buildings
Strategies to Combat COVID-19 Spread in Buildings The COVID-19 pandemic poses a wide range of issues for commercial real estate. Building managers and owners should consider reviewing their operational strategies in light of the virus, experts said during an Urban Land Institute webinar last week, before many areas of the country issued or extended shelter-in-place …
Apr 01
How much home can I afford?
How much home can I afford? It’s one of the most important questions you can ask yourself before embarking on a home buying search. Knowing the factors that lenders take into consideration when you apply for a home loan is a smart first strop in the process. See the image below for more information. How …
Mar 31
February Pending Sales Reveal Healthy Housing
Pending home sales, a forward-looking indicator based on contract signings, rose 2.4% month over month and 9.4% year over year in February—a fresh sign that the underpinnings of the real estate market are strong, even as the coronavirus outbreak poses significant challenges, the National Association of REALTORS® reported Monday. All four major regions of the …
Mar 30
Owners Are Most Eager to Lower Mortgage Payments
Owners Are Most Eager to Lower Mortgage Payments As mortgage rates hover near historical lows, homeowners have eyed taking advantage of them to lower their monthly payments. Refinancing dollar volume was up a whopping 138% in the fourth quarter of 2019 compared to a year ago and was at the highest level since the first …
