home design trends

Interior and Home Design Trends Expected to Dominate 2018

Mon Dec 2017

Are you in the market for a new home or thinking about remodeling your existing home? If so, you may be wondering what the hot new home design trends are, or what’s new in interior design. Well, we’ve done a little research and come up with this list of seven ...

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mortgage applications

Consumers Want Lenders to Process Digital Mortgage Applications Faster

Thu Dec 2017

Overall satisfaction with lenders declined in 2017, primarily due to what consumers view as the slow processing of online mortgage applications, according to the new 2017 U.S. Primary Mortgage Origination Satisfaction Survey released by J.D. Power in November. Overall satisfaction declined by 8 points on a 1,000-point scale compared to ...

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surveys

Surveys 101: Some Basics You Should Know

Fri Dec 2017

Anyone who is a potential homebuyer should understand why surveys are important. That’s because they provide detailed information about the property that is being considered for purchase. Just as with any other purchase that you make, it’s just smart to really understand what you’re getting. With real property, this is ...

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cyber security

7 Cyber Security Best Practices for Real Estate Agents

Tue Nov 2017

While there may be no way to entirely prevent a cyber attack, there are certainly some cyber security best practices that real estate agents can use to reduce the risk that they or their clients become victims of cyber crimes. Here are seven: Keep Your Systems and Software Updated ...

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home remodeling

Home Remodeling to Be on Rise Through the End of 2018

Mon Nov 2017

Americans are spending more money on home renovations and experts predict that the rate of this spending will continue to increase through the end of 2018. A new report released in October by the Remodeling Futures Program at the Joint Center for Housing Studies at Harvard University predicts that annual ...

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home inspections

Six Commonly Asked Questions about Home Inspections

Mon Nov 2017

Home inspections are typically a good idea when purchasing a home. Why? They can make the homebuyer aware of any potential issues with a home so they can make an informed decision about whether or not to go through with the purchase. These issues may be things that the homebuyer ...

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mortgage

Why It’s Becoming Easier to Qualify for a Mortgage

Mon Nov 2017

Fannie Mae has reported that mortgage lenders are continuing to ease their mortgage standards due to mounting market pressures including competition from other lenders. This means underwriting requirements for home purchases are less stringent, which should make it easier to obtain a mortgage loan. According to the Fannie Mae Mortgage Lender ...

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home equity

More Americans Are Using Their Home Equity

Tue Oct 2017

With home prices high and still rising and interest rates still low, many American homeowners are staying put and taking advantage of increased home values by tapping into their home equity. Home equity line originations reached the highest level they’d been since 2008 in Q2 2017, according to Equifax. And cash-out ...

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home renovations

Is It Better to Stay or Leave During Home Renovations?

Fri Oct 2017

A recent article in the New York Times said that more homeowners are staying put in their homes, many choosing home renovations and improvements, over selling and moving to bigger or better homes. Two Factors Promoting the Home Renovation Trend Low mortgage interest rates are making home renovations more appealing. Higher home ...

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home refinance

Feds Concerned About Home Refinance Schemes Targeting Vets

Tue Oct 2017

The Government National Mortgage Association, also called Ginnie Mae, is planning to crack down on aggressive predatory lending practices aimed at home refinance schemes targeting U.S. veterans that have U.S. Department of Veterans Affairs (VA) home loans. Ginnie Mae was urged to take action by Senator Elizabeth Warren, D-Massachusetts, on the ...

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