In a pilot program announced last week, the Biden administration cleared the way for Fannie Mae and Freddie Mac to let some homeowners refinance mortgages without paying for title insurance
Fannie Mae and Freddie Mac are offering a $2,500 credit this spring that borrowers can put toward their down payment, closing costs, escrow or mortgage insurance premiums
Over half of Americans admit to browsing Zillow for fun. Luke Babich offers tips on finding serious buyers in the midst of this extra searching
Economists, homeowners and agents broke down the alarming but true cost of buying property in 2023, telling Intel that rising rates and home prices are only the start for wallet-stretched buyers
Got a client? Get them to the finish line. These 5 escrow failures can stop you in your tracks
As a real estate agent, it's not enough just to conduct the transaction. Provide education and service that will help make it possible in the first place
Shopping around can save thousands of dollars, but 1 in 3 prospective homebuyers only get a quote from one lender, Fannie Mae surveys show
'There was no negotiation over the last couple of years,' Max Stokes of Compass says. But that's beginning to change — gradually. With a few tips, buyers can prevail at the negotiating table
SingleSource Property Solutions and Voxtur launch an alternative to title insurance that's designed with Fannie Mae and Freddie Mac's new guidelines in mind
If rates come down in the next 3 years, Rocket Mortgage's program will cover some refinancing costs including first appraisal, credit report, tax certification, and mortgage recording fee
Opinion
Mastering the buyer's consult establishes credibility with clients and helps agents find the most motivated buyers with the highest intent to transact
Rising home prices and lender costs helped drive up homebuyers' closing costs by 13.4% in 2021, to an average of $6,905. Loan production expenses hit an all-time high during Q4 2021
Ensure both you and your client are protected with practically perfect contract writing using these 19 tips
The deal is expected to close in the third quarter if it receives regulatory approvals and meets 'customary closing conditions,' the California-based company said in a statement
Opinion
In low-inventory, ultra-competitive markets like the one we're currently experiencing, buyers and their agents are coming up with a host of creative contract terms to help sway sellers