Realtor.com has published the top 10 hottest zips of 2020.
Topics: homebuyer, real estate, real estate markets, home buying process
The low mortgage rate environment has led to a refinancing boom in 2020, and the trend is likely to continue with rates holding steady at all-time lows.
Topics: homebuyer, refinance, refinancing, mortgage interest rates, home improvements
Many people are looking at their homes differently due to the recent pandemic, as a home and as a workspace. Improving their home office, wanting more space and low-interest rates are contributing to the increasing demand for new homes.
Topics: FHA 203k loans, first time homebuyers, homebuyer, rennovation loans, mortgage loans, fixer uppers, repairs
According to recent Bankrate article, the home appraisal process has changed during the pandemic.
Topics: appraisals, homebuyer, homebuyers, homebuying process, appraisal, COVID-19, coronavirus, brankrate
As states start to lift restrictions, more people are resuming their search to buy a home. Mortgage Bankers Association’s Purchase Index shows the sixth consecutive weekly increase in purchase applications and a jump of 54 percent since early April. While new home sales also rose in April, seeing a gain of 0.6% from March according to the Commerce Department.
Topics: homebuyer, homebuyers, mortgage loans, pre-approved, pre-qualified, pre-approval, COVID-19, coronavirus
Wire fraud is a federal crime where someone tries to defraud another individual or entity of their money or property through electronic communications. Electronic communications can include phone, fax, email, text or even social media messaging.
Topics: homebuyer, homebuying process, wire fraud, home education, security
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