Tag: Real Estate

Declines in Bidding Wars There will likely be less competition for home buyers this spring—a widely reported index from Redfin shows a significant decrease among real estate professionals reporting bidding wars this month, compared to a year ago. Only 16 percent of offers written by Redfin agents on behalf of their customers in the first three weeks …

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Apex Loans’ Expanded Eligibility. Can Finally Get You Qualified! You can now take advantage of expanded eligibility requirements, and interest-only feature, alternative income documentation, asset qualifier options and non-warrant-able condos.  With Freedom Mortgage’s newest Apex product line, you get no-stress qualifying even if you have special circumstances! Apex loan products offer flexible financing options to …

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Get Rid of Pet Smells Fast Beloved household animals can leave behind smells that could turn off potential buyers when a home is for sale. Homeowners—who may have become “nose blind” to the smells—may want to take a few steps to remove any lingering smells prior to their first showing. Here are a few tips …

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Freddie Mac Update on Housing and Market Lower mortgage rates are making for a rosy spring selling season, even if the economy is starting to show some sluggishness, economists note in Freddie Mac’s March forecast. “The real estate market is thawing in response to the sustained decline in mortgage rates and rebound in consumer confidence—two …

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Mortgage Apps up to Record Highs Mortgage applications set a record for the third consecutive week as lower rates drew out more refinancers and home buyers, according to the Mortgage Bankers Association’s seasonally adjusted application index. Total mortgage application volume rose 1.6 percent last week compared to the previous week, and applications are now 1.8 percent …

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Fed Done Raising Rates The Federal Reserve announced Wednesday after its March meeting that it will leave its short-term interest rates unchanged and also signaled that it likely will not raise rates for the remainder of the year. This marks a sudden change to what had been five consecutive quarters of rate increases. Not only …

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