Tag Archives: loans

Mortgage applications plummeted more than 10% last week

By | | Uncategorized
Comments Off on Mortgage applications plummeted more than 10% last week

Higher rates and overseas conflicts appear to be weighing on the lending industry, raising concerns about the upcoming spring. Continue reading →

Trump targets ‘burdens that have driven up mortgage costs’

By | | Uncategorized
Comments Off on Trump targets ‘burdens that have driven up mortgage costs’

NAR said the order “highlights the importance of reviewing regulatory barriers.” The order comes as Trump increasingly focuses on housing. Continue reading →

Pasadena ADU program offers second shot at affordable housing

By | | Uncategorized
Comments Off on Pasadena ADU program offers second shot at affordable housing

To qualify, applicants must have owned and occupied the main property for at least five years, maintain a credit score above 650 and have a debt-to-income ratio below 40 percent. Continue reading →

7 tips for guiding homebuyers through the VA loan process

By | | Uncategorized
Comments Off on 7 tips for guiding homebuyers through the VA loan process

Are your clients considering a Veterans Affairs home loan? Let Clever Real Estate’s Luke Babich walk you through the most common pain points to help ease the process for your buyers. Continue reading →

Real estate agents received billions in PPP loans during the pandemic

By | | Uncategorized
Comments Off on Real estate agents received billions in PPP loans during the pandemic

More than $3.9 billion in pandemic-relief loans went to single-employee real estate entities, according to a new report. Nearly 80 percent of that amount was forgiven. Continue reading →

Why sellers are shunning FHA and VA offers

By | | Uncategorized
Comments Off on Why sellers are shunning FHA and VA offers

FHA and VA loans are essential to first-time buyers, who account for about four out of every five FHA purchase loans. However, in today’s market, sellers are quick to dismiss offers that come with this type of financing. Here’s why. Continue reading →