In January, mortgage applications for new home purchases increased by 14 percent relative to the previous month, according to the Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data. By product type, conventional loans composed 67.4 percent of loan applications, FHA loans composed 19.5 percent, RHS/USDA loans composed 0.7 percent and VA loans composed 12.4… Read More
The article below makes some valid points. It is indeed a good thing that appraisers are, by regulation, not beholden to either banks or realtors. My feeling about recent appraised home value is that appraisers are finally feeling less threatened by government regulation and more comfortable with the ‘independent’ label placed on them. ~Bill By… Read More
This Thank You Thursday we express our appreciation to Congressman Raúl Grijalva, who wasted no time acting on an issue that is critical to Veterans housing matters. We met with Congressman Grijalva as representatives of VAREP (Veterans Association of Real Estate Professionals) this past June. Our concern was that Veterans are entering into the mortgage… Read More
After making us dizzy jumping from one extreme to the other, it’s good to see the government carefully considering options to stabilize the housing market. ~Bill On March 21, 2014, in Breaking News, by Robert Freedman NAR President Steve Brown met at the White House with the federal government’s top housing officer, HUD Secretary Shaun… Read More
The influence on our real estate market brought about by the government’s current shut-down, depends solely on the length of inaction. In a short period of time contract dates could be missed, causing closings to be delayed. It’s important that you, your lender and your realtor stay ahead of the game by anticipating any delay… Read More
