Saturday , 17 February 2018

MReport

MReport

Mortgage Rates to near 5% in Q4 2018

By Radhika Ojha Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to rise 30 basis points to 4.4 percent by the end of 2018 as a result of the unexpected spike in long-term interest rates at the start of … The …

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Pushing Past Limitations

By Radhika Ojha Editor’s note: This story was originally featured in the February issue of MReport, out now. Inspiring an effective team of 600 Bank of America employees comes with a motto: Success doesn’t have an endpoint. Rather, it’s a starting point to creating new standards and approaches to the jobs mortgage professionals do every day. At the … The …

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Mortgage Rates to touch 4.4% in Q4 2018

By Radhika Ojha Mortgage rates and home sales are expected to rise in 2018 according to the latest economic and housing outlook by Fannie Mae. The report expects mortgage rates to rise 30 basis points to 4.4 percent by the end of 2018 as a result of the unexpected spike in long-term interest rates at the start of … The …

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Cheaper Homes Gaining the Greatest Equity

By Nicole Casperson Home value appreciation among affordable homes is serving as a major benefit for current homeowners, but entering this market still comes with its obstacles. The post Cheaper Homes Gaining the Greatest Equity appeared first on theMReport.com. Via:: Cheaper Homes Gaining the Greatest Equity       

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Building Permits Reach their Highest Level in a Decade

By Radhika Ojha Homebuilding across the U.S. rose to a high led by increased activity in single-family housing construction, in what is being seen as a good start to the housing market. According to data on housing starts and building permits for January 2018 released by the U.S. Census Bureau on Friday, building permits for residential construction rose … The …

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Freddie Mac posts a Q4 Loss

By David Wharton Like its sister agency, Freddie Mac this week reported large Q4 losses that will require government bailout money for the first time since 2012. The major difference is that Freddie won’t need as much money as Fannie Mae. On Thursday, Freddie released its Q4 and overall 2017 financial report, showing a $3.3 billion loss in the fourth …

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Housing Market to Get More Competitive This Spring

By Radhika Ojha Spring is in the air and with it, the housing market is expected to heat up as buyers compete to get maximum value from a limited inventory of available homes, according to the Redfin Real-time Housing Market Tracker released by online real estate brokers, Redfin, on Thursday. This monthly analysis indicated that home prices increased … The …

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Mortgage Balances Lead Increase in Household Debt

By Radhika Ojha Household Debt, led by mortgage debt, increased substantially in 2017 as the economy continued to grow for the fifth consecutive year, according to the Quarterly Report on Household Debt and Credit released by the Federal Reserve Bank of New York. The report is based on data from the New York Fed’s Consumer Credit Panel, which … The …

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