Improved affordability and increased inventory helped the spring homebuying season get off to a strong start, but the recent rise in mortgage rates has pushed some buyers out of the market, according to ICE Mortgage Technology’s latest mortgage monitor report. Processing Content “Mortgage rates bottomed near 5.95% early this year, pushing affordability to its best […]
Spring’s hot housing market just ran into a problem Read More »
When your house sits on the market longer than expected, it can get frustrating fast. You start asking: what now? And for a growing number of homeowners, that turns into: should I just rent it instead? While it sounds like a simple backup plan, becoming “accidental landlord” is actually a much bigger decision than most
Your House Hasn’t Sold Yet. Should You Rent It Out Instead? Read More »
A wave of steering investigations from the past year could keep growing. Processing Content Lawsuits and state probes for violations of the Real Estate Settlement Procedures Act and its Section 8 provision have risen in the past year, said Jonathan Kolodziej, partner at Bradley Arant Boult Cummings. The mortgage industry attorney noted increased scrutiny from
RESPA cases are rising as states fill CFPB void Read More »