Refis up Another 10% as Rates Revisit Recent Lows
Declining interest rates made for another strong week for mortgage applications. The Mortgage Bankers Association (MBA) said its Market Composite Index rose 5.2 percent on a seasonally adjusted basis during the week ended October 4.. [...]
How to Buy a Small Multifamily Property (A Step-by-Step Case Study for Newbies!)
I really like small multifamily properties, and I talk about them an awful lot. Several months ago, I wrote a post called “How to Make a Million Dollars in Real Estate” which was designed [...]
Appraisals are no longer required on some home sales of $400,000 and under
Regulators raise appraisal threshold for first time since 1994 Beginning Oct. 9, 2019, certain home sales of $400,000 and under will no longer require an appraisal. Under previous rules that have been in place since [...]
Mortgage News Weekly 10/14/19
In This Issue… Last Week in Review: Fed Rate Cut Coming -- But Don't Wait Forecast for the Week: A Packed Short Week View: Expense Tracker Apps Help You Keep Track of Your Spending Last Week [...]
With California’s high power rates, will all-electric homes be affordable?
California has some of the highest average residential electric rates in the country, but average monthly bills are among the lowest because homes in the Golden State use less electricity than those in most other states. But a [...]
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