MRIS, the Mid-Atlantic region’s multiple listing service (MLS) marketplace that facilitates billion in yearly sales, has launched a new “Lifestyle Search” feature as a major upgrade and enhancement to its consumer website HomesDatabase.com, the organization has announced.
Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage applications increased 10.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending November 4, 2011.
According to the release, the Market Composite Index, a measure…
November 16, 2011 Posted in Mortgage
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Jumbo Mortgages: How to Bag the Big Opportunity Today
Effective October 1, 2011, Fannie Mae and Freddie Mac lowered their conforming loan limits back to 2008 levels. And that means many home buyers suddenly need a jumbo loan to qualify for the homes they want. Real estate professionals who…
November 11, 2011 Posted in Mortgage
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Third Quarter Results: Refinancing Homeowners Maintain or Reduce Debt
Freddie Mac (OTC: FMCC) released the results of its third quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house by maintaining or reducing their mortgage debt.
In the third quarter of 2011, 82 percent of homeowners…
November 10, 2011 Posted in Home Improvement
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Third Quarter Results: Refinancing Homeowners Maintain or Reduce Debt
Freddie Mac (OTC: FMCC) released the results of its third quarter refinance analysis showing homeowners who refinance continue to strengthen their fiscal house by maintaining or reducing their mortgage debt.
In the third quarter of 2011, 82 percent of homeowners…
November 10, 2011 Posted in Mortgage
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Blueprint for 100 Deals Part 4: Communication/Bandwidth
Without good communication, you don’t have a business. Whether you’re staying in touch via telephone, face-to-face, IM, text or email; communication is the interpersonal ‘glue’ that holds everything together, cementing the foundations of your team, and sealing every crack to…
November 9, 2011 Posted in Real Estate
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Four Days Until the Power Broker Forum at NAR: ‘The One Thing Power Brokers Can’t Live Without’
This intriguing question will be answered this week by a panel of industry experts at RISMedia’s 16th Annual Power Broker Forum, being held from 2:30-4 p.m. on Friday, Nov. 11, 2011, at the Anaheim Convention Center in Anaheim, CA, during…
November 9, 2011 Posted in Real Estate
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Trend Alert: Homeowners Opt for 15-year Fixed-Rate Loans
Consumer money resource Bills.com recently released its 2011 Third Quarter Mortgage Report. Driven by an increased demand for refinance loans, consumer traffic to the company’s mortgage tools and calculators more than doubled from the second quarter.
The majority of homeowners…
November 8, 2011 Posted in Mortgage
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Why 20% Downpayments Don’t Always Make Sense (or Dollars)
Despite the “doom and gloom” in today’s headlines, in the current economic climate, homeownership is more affordable than ever, thanks to low interest rates and lower home values. For those buyers who manage to have a 20% (or more) downpayment,…
November 3, 2011 Posted in Mortgage
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