digital mortgages

Do Digital Mortgages of the Future Still Need Humans?

Wed May 2018

Digital mortgages are going to change the way that things are done and have been done for decades in the mortgage industry. This is currently a hot topic of discussion among mortgage industry professionals, and the subject of a lot of recent media attention as well. But what kind of ...

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home renovations

Home Renovations Are Super Popular Right Now

Mon Apr 2018

According to a new survey, more than half of all homeowners plan to improve their homes this year. That’s right! A whopping 58% of homeowners expect to make home improvements this year, with 45% planning to spend more than $5k on their projects. This an all-time high, according to the LightStream ...

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home prices baltimore

Low Inventory Is Still Driving Home Prices in Baltimore and Country at Large

Wed Apr 2018

Low home inventory continues to strengthen the real estate market, with home prices in Baltimore and many other cities across the country steadily rising. The median home listing price in the nation in March was up 8% from last March to $280,000. In comparison, the median home price in Baltimore City ...

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commercial real estate

Commercial Real Estate Does Its Part for a Strong U.S. Economy

Thu Apr 2018

The U.S. economy has recently been positively affected by commercial real estate. According to a recent report by the NAIOP Research Foundation, commercial real estate has helped to strengthen the economy by a whopping $935 billion, while also upholding 7.6 million U.S. jobs. The report, titled “Economic Impacts of Commercial Real ...

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homebuyers

Good News for Homebuyers! Fannie Mae Now Allowing Lenders to Contribute to Closing Costs

Fri Apr 2018

Fannie Mae has announced that, effective immediately, it is allowing lenders to assist homebuyers with their closing costs for home purchases on GSE-backed loans. This differs from Fannie’s most recent program, ended last summer, in which lenders were allowed to actually help homebuyers by providing a portion of their down ...

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home sales

Profits from Home Sales Are Higher than They’ve Been in More than a Decade

Fri Mar 2018

The average profit from home sales in the fourth quarter of 2017 was $54,000, according to researchers at ATTOM Data Solutions. This is higher than it’s been in more than a decade and amounts to an average return on investment (ROI) of 29.7%, For anyone on the fence about selling, this ...

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conventional loans

More Millennials Are Going Conventional!

Fri Mar 2018

More millennials are qualifying for conventional loans, according to the Ellie Mae Millennial Tracker™. Approximately 67% of all mortgage loans taken out by millennials in January of this year were conventional, the highest percentage since 2016. Men were slightly more likely to take out conventional loans than women. Around 68% of ...

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housing-market

Has the Housing Market Completely Bounced Back from the Recession?

Mon Mar 2018

It’s been more than a decade since the housing market collapsed, causing home prices to drastically drop – by 35% nationwide – leaving some homeowners owing more on their homes than they were worth. Home prices have been going up since 2011 and are still going higher, but you may be ...

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privacy on linkedin

Why It’s Important to Protect Your Privacy on LinkedIn

Fri Mar 2018

We wanted to share some important information with you for protecting your privacy on LinkedIn. Why would you want to do that, you might ask? Isn’t the point of LinkedIn to connect with others and grow your professional network? While yes, this is true, fraudsters have also learned that they ...

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spring housing market

A Strong Spring Housing Market Expected With Homes Still Moving Fast

Tue Feb 2018

The spring housing market is expected to be a good one with prices still rising, inventory still tight, and homes selling on average in less than two months of being listed. Here are more about these three factors that signal a strong spring housing market, based on information from the ...

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