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Homebuyer Checklist: Do You Need a Survey?

Homebuyer Checklist: Do You Need a Survey?

No matter whether it is your first or your fifth, buying a new home can often be a stressful time with an endless to-do list and many people to consult with. Through the countless phone calls with loan officers, title companies, agents, banks, and every other person assisting you, it is easy to get caught… Read more »

Now Is the Most Profitable Time for Home Sellers

Now Is the Most Profitable Time for Home Sellers

If you’re thinking about selling your home, now is the most profitable time for home sellers, according to researchers at ATTOM Data Solutions.That’s because the average home sale profit for sellers in the fourth quarter of 2017 reached a 10-year high of $54,000. This amounts to an average return on investment (ROI) of 29.7%. “It… Read more »

A True Digital Mortgage Solution Should Improve Customer Satisfaction

A True Digital Mortgage Solution Should Improve Customer Satisfaction

Ellie Mae recently announced that it has acquired Velocify, a cloud-based intelligent sales automation system, so that it can more quickly deliver a true digital mortgage solution to lenders of all sizes. Digital mortgages are reportedly a high priority for consumers who want faster mortgage application processing. A recent survey by Ellie Mae, for example,… Read more »

Home Values Last Year Topped $31 Trillion

It’s pretty evident that home prices and home values were up last year and are still continuing to rise, but just how much they rose may come as a surprise. The total of home values in the United States rose last year by close to $2 trillion from 2016, reaching $31.8 trillion in 2017. According… Read more »

Fannie Mae and Freddie Mac Home Loan Limits to Increase Next Year

Fannie Mae and Freddie Mac Home Loan Limits to Increase Next Year

The Federal Housing Finance Agency (FHFA) has announced that the maximum conforming loan amount for mortgages acquired by Fannie Mae and Freddie Mac will increase for 2018. In the vast majority of localities throughout the U.S., the 2018 maximum conforming loan limit for one-unit properties will be $453,100. That is an increase of $29,000 from… Read more »