Mortgage rates continue to flatline ahead of Fed tapering details

Mortgage rates stayed the course this week as lenders continued to monitor the Federal Reserve’s tapering plans. Continue reading

The Evergrande crisis: Everything real estate agents need to know

One of China’s largest property developers is in dire financial straits, and the world is watching. What does it mean for the U.S. housing market, real estate agents and the economy? Continue reading

Low mortgage rates keep home costs in an acceptable range

Ownership costs for the median home remain within a normal range but are nearing the point where lenders might start to balk. Continue reading

Interest in second homes remains down for third consecutive month

Many buyers are still considering second-home purchases, but the number was down from last year’s blistering levels. Continue reading

Will every mortgage lender soon have a cash offer product?

Because Evergreen is a mortgage bank, it’s got the funds to not only purchase homes with cash, but provide permanent financing directly to the homebuyer. That means it can close faster than cash offer programs that outsource financing. Continue reading

Struggling homeowners may evade foreclosure thanks to surging prices

Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. Continue reading

Struggling homeowners may evade foreclosure thanks to surging prices

Only 1 in 20 homes that hit the market next year will be foreclosed properties, according to a survey of real estate experts and economists. Continue reading

Tomo’s CEO on the mortgage industry: ‘It’s like going to the DMV’

During a conversation with Brad Inman at Connect Now, Greg Schwartz said “mortgage is the catastrophe of the real estate transaction,” and shared how Tomo is changing that Continue reading