Category: Real Estate News

Real Estate News_10.5.20-10.9.20
October 11, 2020

Headline Real Estate News
Headline Real Estate News  October 5th  -  October 9th 8/27/20 Press Release HUD 20 - 134  "FHA EXTENDS FORECLOSURE AND EVICTION MORATORIUM FOR HOMEOWNERS THROUGH YEAR END" Third extension will allow FHA-insured homeowners economically impacted by COVID-19 to focus on financial recovery WASHINGTON - Today, the Federal Housing Administration (FHA) announced the third extension ...
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Real Estate News 9/28/20-10/3/20
October 3, 2020

Headline Real Estate News
Headline Real Estate News September 28th - October 3rd 9/29/20      “August Closings: Properties Averaged 3 Offers” The frenzy in the housing market continued in August as buyer competition remained elevated. Properties that closed in August received an average of three offers, according to the August REALTORS® Confidence Index Survey. The report ...
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Real Estate News_9/21/20-9/26/20
September 26, 2020

Headline Real Estate News
Headline Real Estate News September 21st - September 26th  9/22/20  Mortgage News Daily “Home Sales Surge to Best Levels in 14 Years”     Jann Swanson Existing home sales continued on a roll for the third consecutive month, hitting the highest level in August since December 2006. The National Association of Realtors® (NAR) said sales of ...
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Real Estate News_9.14.20-9.19.20
September 20, 2020

Headline Real Estate News
Headline Real Estate News September 14th  -  September 19th    9/15/20 Mortgage News Daily “What Will The Fed Do to Mortgage Rates?” Mathew Graham What will the Fed do to mortgage rates?  This is actually a bit of a trick question.  The Fed doesn't set mortgage rates.  The Fed's policy rate applies to ...
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Real Estate News_9.6.20-9.12.20
September 13, 2020

Headline Real Estate News
Headline Real Estate News   Sunday, September 6th - Saturday September 12th  So, what real estate news has been appearing online? Is it Mortgage Rates... Mortgage Lending.. Mortgage Refinancing? 9/8/20 HW “Mortgage lending sets a 20-year record with $1.1T in Q2”     James Kleimann And refi volume for the third quarter will be even higher U.S. ...
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Fannie and Freddie fee could push homeowners off the fence
August 13, 2020

With everything that has occurred since Mid March of this year.... This is beyond my comprehension! Fannie Mae and Freddie Mac are imposing a 50 basis point fee on homeowners who refinance a mortgage backed by the government-sponsored enterprises (GSE), beginning September 1, according to dual bulletins released by the GSE’s. [embeddoc ...
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2020 Homebuyer Preferences
August 7, 2020

2020 Homebuyer Preferences [INFOGRAPHIC] Some Highlights A recent study from HarrisX shows the current health crisis isn’t slowing down today’s homebuyers. Many buyers are accelerating their timelines to take advantage of low mortgage rates, and staying home has enabled some to save more money to put toward a down payment. Let’s connect today if your needs ...
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NAR: Home Ownership Matters
June 3, 2020

Home Ownership Really Does Matter...... Since its inception, Home Ownership Matters has been used by millions of current and future homeowners to learn about and take action on policies that impact homeowners and homeownership in general. Find Your State! Explore Topics! Stay Informed! Take Action! www.HomeOwnershipMatters.Realtor          
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HUD Announces Policy Changes for FHA Mortgage Loans
March 1, 2012

February 27, 2012 HUD No. 12-037 WASHINGTON – "As part of ongoing efforts to encourage the return of private capital in the residential mortgage market and strengthen the Federal Housing Administration’s (FHA) Mutual Mortgage Insurance Fund, Acting FHA Commissioner Carol Galante today announced a new premium structure for FHA-insured single family mortgage ...
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David Fialk, New Jersey Realtor, Celebrates 40 Years in Real Estate
September 27, 2011

David Fialk
David Fialk, New Jersey REALTOR and Broker Owner of Choice Realty Co., 1144 Green St., Iselin, New Jersey, is now celebrating 40 years in real estate. Talk about the changes in real estate and in the real estate industry in the last 40 years! Talk with David! Obtaining his real estate license in 1971, David ...
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Qualified Residential Mortgage: The Proposed 20% Down Payment Rule
July 24, 2011

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Qualified Residential Mortgage Are you aware that there is a move in Washington which could require a minimum down payment of 20% on the purchase of a home?  It's called the Qualified Residential Mortgage, commonly referred to as the QRM Rule. The rule as proposed could have the effect of requiring borrowers to have ...
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Is Some REAL ESTATE NEWS Only HALF THE STORY?
July 23, 2011

Is it Possible That Real Estate News Articles Tell Only Half the Story? On Thursday, July 21,  2011 on the front page of the Business Section of the Star Ledger, the following real estate news related article was labeled: “Of Interest: Closing costs increase as housing slump continues” Here is the link to this ...
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