With rising home prices, long-time homeowners may be the most at risk of facing taxes from the sale of their home. Continue reading….
Most Borrowers Don’t Compare Mortgage Rates
Shopping around for a mortgage before you buy can help save tens of thousands of dollars over the lifetime of your loan, says a LendingTree senior analyst. Continue reading….
’Best Place to Live’ Is Down South
Boulder, Colo., was dethroned by this Southern city on U.S. News & World Report’s latest annual rankings of the top places to call home. Continue reading….
Where Mortgage Fraud Is Highest
Mortgage fraud is on the rise, and risky borrower behavior is likely to increase, a new report says. Continue reading….
Second-Home Demand Shows Signs of Slowing
More home buyers may be getting priced out due to rising prices, mortgage rates, and a recent federal government loan fee increase. Continue reading….
The Top Commercial Real Estate Markets
Find out which markets are seeing a boost in economic and demographic variables that are leading to a booming commercial sector. Continue reading….
New-Home Buyers Face Rising Rate Surprises
Purchasers of new-home construction may have signed their contracts a year ago, when mortgage rates were considerably lower. Now, they’re facing significantly higher borrowing costs as they near closing. Continue reading….
Biden Administration Takes Aim at America’s Housing Shortage
NAR has shown the shortfall at 5.5 million homes in the U.S. and has called for “urgent action.” Continue reading….
No-cost refinance: Two refi options with no closing costs
A no-cost refinance is possible if you roll the closing costs into your loan or have the lender cover them in exchange for a higher rate. Continue reading
Mortgage and refinance rates today, May 16, 2022
Today’s mortgage and refinance rates Average mortgage rates moved higher last Friday, bringing an excellent week for them to a disappointing end. Indeed, Mortgage News Daily reckons it was the […] Continue reading