FHA Commissioner Gordon told Realtors that a recent 30-basis point insurance reduction makes FHA loans cheaper, including its 203(k) rehab option and ADUs.
For today’s homebuyers, 1 out of 3 potential listings is new construction. Historically, new homes only make up 1 out of 10 for-sale listings.
Buyers would be hurt financially if the U.S. defaults on its debt June 1 – and institutional investors are a “tremendous threat” to the American dream.
Even under new loan-fee rules, borrowers with low credits scores pay higher fees (1.625% if a 660 score) than those with stronger credit scores (0.625% for 740).
Start by picking the right real estate school, then learn as you go and study for exams. Once licensed, pick a brokerage with a culture that fits your personality.
Many small businesses will likely find it harder to make capital purchases or even make payroll as smaller regional banks cut back on lending.
An example of AI technology is already on the market: Buyers tell the tech what their ideal home should have, and it generates a roster of those currently for sale.
The update – if signed by Gov. DeSantis – essentially allows Fla. owners to boost their home’s hurricane protections, with the state paying $2 for every $1 a homeowner spends.
Fla. ranks 4th in funding with nearly $19M being distributed to groups across the state. Housing Trust Fund Allocations focus on decent housing for low-income households.
Even economists stumble when it comes to mortgage-rate predictions, but little should change. Lenders expected Wed.’s increase and already baked it into current rates.
