Mortgage demand falls again as mortgage rates climb near 7%
It’s proving to be a brutal February for the mortgage industry, with mortgage demand falling for the third time in four weeks. At a time when buying activity typically increases, the latest mortgage application data is showing that mortgage demand is falling as mortgage rates climb back up. Mortgage applications decreased by 13.3% for the […]
10 Annual Tucson Festivals and Events to Attend in 2023
Tucson, Arizona, is a city known for its vibrant cultural scene and rich heritage. From music and dance to food and art, there’s always something happening in Tucson to celebrate the diversity of its community. One of the best ways to experience Tucson’s cultural richness is through its many festivals and events. Whether you are […]
Mortgage rates have sent the housing industry on a roller coaster
The mortgage industry has been on a roller coaster ride this year due to a resilient economy. In the span of a month, mortgage rates rose nearly 7% after hitting a low of 6%. “The economy continues to show strength, and interest rates are turning to the threat of stronger-than-expected growth, a tight labor market […]
Allied Real Estate School Review + Video Walk-Through
If you are looking to obtain your real estate license in California, you have several options for completing your 135 hours of pre-licensing education. One of those options is Allied Real Estate School, a company owned by OG education provider Colibri. Allied is the premier professional real estate school exclusively for Californians. But does their […]
CoreLogic acquires digital mortgage platform Roostify
Leading Property Data & Analytics Company CoreLogic has acquired perchA digital mortgage technology provider. In a statement on Wednesday, CoreLogic said, “By integrating Roostify’s digital mortgage technology platform with CoreLogic’s robust data, analytics and workflow solutions, customers will gain access to critical information about borrowers and properties early in the loan process, reducing down time.” […]
Should You Add Manufactured Homes To Your Portfolio?
in this article popularity of manufactured (mobile) home Used to be on the rise Over the past several years, partly due to highly competitive traditional housing markets, an overall interest in smaller homes, and the search for more affordable housing. But what about adding this type of home to your real estate investment portfolio in […]
FHA commissioner Julia Gordon talks MIP reductions
More than two years later, mortgage industry trade groups began openly calling Federal Housing Administration (FHA) That’s exactly what the Biden administration and the FHA have done, in order to cut annual premiums on mortgages insured by the agency. They have reduced the annual premium from 85 bps to 55 basis points. In doing so, […]
10 Beautiful Places in Tucson That Locals Love
Nestled in the heart of the American Southwest, Tucson, Arizona is a vibrant and bustling city that boasts a unique blend of natural beauty, rich cultural heritage and modern amenities. Known for its stunning desert landscapes, colorful sunsets, and unique blend of Spanish and Native American culture, Tucson is a wonderful place to call home. […]
5 reasons to strengthen relationships with real estate professionals
The pledging process involves many moving pieces and relationships with various stakeholders. The relationship between a loan officer and a real estate agent is one of the most important pieces of the puzzle, as the two must combine forces to help borrowers achieve their goal of purchasing a home. Ideally, a strong relationship between the […]
One Lucrative Niche You May Want To Consider – International Real Estate Clients
Real Estate Is Local – How Many Times Have We Heard It? Real estate buyers, however – especially in certain parts of the country – are increasingly global, and many real estate agents are turning the international real estate client niche into a lucrative living. Consider this: According to the National Association of Realtors®, foreign […]
