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FDIC proposes new insurance calculations for servicing advances
...times of stress, and could further complicate the insurance determination process,” the FDIC said. Servicers almost exclusively work with large banks to hold custodial accounts, and the biggest......

Yun: Vacation Markets Expected to Stay Hot
...Firefox , Chrome , or Edge . July 27, 2021 Since the pandemic began, vacation home sales have soared as Americans have looked for an alternate work-from-home space......

Biden’s New Mortgage Relief Program Could Reduce Payments By 25%
...s new assistance program is intended to help curb a wave of foreclosures post-pandemic , especially in today’s current housing conditions of rising rent and exorbitant home prices across the......

Small banks spooked by home price surge, survey shows
...first half of July said they believe the current state of the housing market “poses a serious risk” to the U.S. economy. The results surprised Paul Weinstein, a senior adviser at IntraFi. "I......

A Big Reason You Can’t Afford A Home Is Unsolved Problems From 2008
...which includes owning properties that others rent. Institutionalization of housing Millions of foreclosures turned into distressed property—a situation great for institutional investors......

Higher prices could be here to stay if the Fed doesn't act soon
...the case, then long-term bond yields — which have an impact on mortgage rates and other types of consumer and business loans — should continue to creep higher as well. "The 10-year yield should......

U.S. home price growth sets another record as market stays hot
...available homes to buy and low interest rates continue to fuel the housing market. “I find myself running out of superlatives,” said Craig Lazzara, global head of index investment strategy......

Top 5 Multifamily Markets for Rent Growth
...According to the Spokane Regional Housing Needs Summit report, Spokane County’s housing market was underbuilt by nearly 32,000 units in the 2010s, while the region is expected to add 48,000 residents......

The best places to save your money: Money market accounts, savings accounts and CDs
...types of accounts you might see at a bank or credit union. FDIC/NCUA insurance Yes Yes Yes Yes Check-writing Yes No Yes No Debit card Yes Yes Yes No Liquidity Yes Yes......

Home prices can't go straight up forever. But this probably isn't a bubble
...home prices can't go up 20% year-over-year forever. Yet today's housing market is very different from the mid-2000s bubble that wrecked the economy. Unlike then, there is currently a massive......

Current mortgage interest rates on July 27, 2021: Rates move up
Today a handful of major mortgage rates increased. If you haven't locked yet, see how your finances could be affected. A handful of important mortgage rates climbed up today. Average 15-year......

Today’s Best Mortgage and Refinance Rates, July 27, 2021: Rates still low
...All rate data accurate as of Tuesday, July 27th, 2021 at 7:30am. Mortgage rates Current 30 year mortgage rate trends higher, +0.05% The average 30-year fixed-mortgage rate is 3.03 percent, up......

US home prices can't go straight up forever. But this probably isn't a bubble
...home prices can't go up 20% year-over-year forever. Yet today's housing market is very different from the mid-2000s bubble that wrecked the economy. Unlike then, there is currently a massive......

The End Of The Housing Boom Will Be When Mortgage Rates Rise In 2022
...fundamental economic factors. The key to the buying boom has been low mortgage rates plus a shift in desired housing type. Mortgage rates hit what was then an all-time low of four percent......

Five Steps To Make Your Best Offer In An Exploding Housing Market
...will continue to attract buyers who are eager to lock in low mortgage rates. Needless to say, with demand seriously outstripping supply, competition for properties will continue to test buyers......

Is Institutional Capital Crowding Out Homebuyers? This Expert Says No.
...suggested that with all the institutional capital flowing into the US housing market, there could well be a backlash as more and more home buyers are outbought by the money......

What Millennials’ Wellness Focus Means For The Housing Market
Millennials, generally those in their late 20s to 40, are a major segment of the home-buying market today. Not coincidentally, many are also in the family creation cycle of their lives, when buying a......

Why U.S. Home Prices Will Stay High
...and long term. First, the facts: From April 2020 to April 2021, new home sales rose 50% and the median price rose by almost 20% ; sales of existing homes increased 42% from May 2020 to May......

Today’s Mortgage Rates: July 27, 2021—Mortgage Rates Still Stay Unchanged
...home, it’s a good time to lock in a low rate. Mortgage rates remained unchanged today, keeping rates at historical lows. As of today, the average rate on a 30-year fixed mortgage is 3.05%......

Doma CEO Max Simkoff on speeding up the timeline to go public
Doma is on the verge of becoming a publicly-held title insurance underwriter, with shareholders of its proposed special purpose acquisition company partner , Capitol Investment Corp. V, set to......

Las Vegas SFRs Trade for $25M
...private equity firm will continue expanding its footprint in the single-family rental housing market, a sector that has seen a strong surge in demand since the COVID-19 pandemic began. READ......

20 Cities With the Most Severe Housing Shortages
...There are areas of the country that exemplify the problem and support NAR's urgent call. DeedClaim, an online deed preparation service, analyzed the 50 largest metros to identify the markets......

7 Most Affordable Lake Towns
...distance or can work from home, just move to the lake full-time.” Home sales in the 33 lake towns his brokerage services have climbed by 50% over the past year, Phillips added. Realtor.com®......

Foreclosure Ban Nears End; White House Vows More Aid
...release that it believes the additional payment reduction will result in fewer foreclosures. Pandemic-related forbearance moratoriums have allowed some homeowners to defer their mortgage payments......

It’s Time For The CFPB To Empower Consumers With Their Data
...data portability. Similarly, in early 2019, the Federal Deposit Insurance Corporation’s ( FDIC) inspector general expressed concerns about unsupervised logins in attempts to get customer bank......