What is a digital mortgage? That question was answered by industry professionals last week at the National Mortgage News Digital Mortgage Conference in San Francisco. The majority of mortgage professionals surveyed at the conference defined a digital mortgage as “a fully end-to-end electronic process, which includes the borrower experience, internal processes and electronic closings,” said… Read more »
In the past 2 years, there has been an increase in attacks on real estate agents in the United States. That means now is the perfect time to brush up on some real estate agent safety best practices. Recent Attacks in the News Last September, real estate agent, Ryan Vega, was stabbed in the neck—during… Read more »
Is a 2017 housing bubble around the corner? Has anything changed since the financial collapse of 2008? That’s what HousingWire decided to find out. It would be an understatement to say that the political landscape and news cycle have been tumultuous lately, and they show no sign of slowing down. HousingWire decided to take a… Read more »
A report compiled by InsideNova, a leading source for news in northern Virginia, indicates that from 1975 to the present, home and commercial real estate prices have continued a slow and uneven rise. Even the effects of the housing market meltdown in 2007 are fading as demand for new and existing homes continues to rise… Read more »
As a title insurance company serving the greater Washington, D.C. area, the professionals at Champion Title are no stranger to the impacts of regulation. And while newly elected President Donald Trump may roll back some of the financial regulations implemented under the previous administration, without an overwhelming majority in the U.S. Senate it will be… Read more »
With one of the most vibrant and resilient markets in the nation, Washington, D.C., is a bellwether for the entire real estate industry. Residential and commercial projects dominated the news in 2016 and provided real support for the recovery of the housing market. Here are the 10 biggest stories in D.C. real estate from 2016…. Read more »
The Department of Housing and Urban Development and the U.S. Census Bureau have released housing data for December 2016, and housing starts are back on the upswing. Housing Starts by the Numbers Private housing starts had dipped in November but were up to 1.23 million in December, an 11.3% month-over-month increase. December’s figures are 5.7%… Read more »
What do realtors and lenders need to know about the housing market as we head into 2017? Many homeowners are anxious about the idea that future high mortgage rates could make their houses appear less attractive to buyers on the market. If this were true, homeowners would be forced to lower their asking price to… Read more »
Overall mortgage applications fell last week due to rising interest rates, even as home purchase figures remained robust. Investors suspect December’s monthly Federal Reserve meeting could yield a rise in benchmark rates, and mortgage rates are therefore on the rise. Dive In or Hold Off? With the cost of borrowing increasing, there has been a… Read more »