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4 Ways Mortgage Insurance Helps Homebuyers

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:06

As real estate agents know all too well, today’s homebuyers are navigating one of the most difficult housing markets in recent memory, and affordability has become a major obstacle. Home prices are at the highest levels ever recorded, there is limited inventory to choose from, competition for affordable homes is still fierce and recent mortgage rate increases have sapped some of their purchasing power. Buyers are stressed—exhausted by the process and strained financially by the increasing cost to buy.

Fall Semester Is Near: Explore What’s Next in Real Estate With Half-off Per Course

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:05

NAR PULSE—Advance your career with an MBA in Real Estate Management or Certificate in Real Estate Leadership. At NAR Academy, NAR Members receive a 50% off tuition rate for each eligible course taken during the Fall 2022 semester. Learn more and share with your agents!

Collection of Quick Videos From RPR® Will Help You and Your Agents Take Advantage of 5 Beneficial Tools

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:04

Want to get your agents more productive and more profitable? RPR® (Realtors Property Resource®) provides you with access to an unparalleled set of Broker Tools resources. This series of video tutorials makes it easier than ever to understand and implement: Company Branding, Custom Pages, Affiliated Service Modules, AVM Widget and Deep Links. Learn how to use RPR’s Broker Tools to your advantage! WATCH HERE.

The post Collection of Quick Videos From RPR® Will Help You and Your Agents Take Advantage of 5 Beneficial Tools appeared first on RISMedia.

New Survey Shows Nearly Half of Recent Homebuyers Made an Offer Sight Unseen

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:03

In today’s challenging housing market, buyers are competing for a limited inventory of homes, while at the same time seeing prices continue to climb and mortgage rates increase.

To better understand the current state of home shopping, LendingTree surveyed more than 1,000 homeowners about their buying experiences, and found that the current climate has buyers making offers on homes without even seeing them.

Here’s what they found:

Panel Discusses New York Real Estate, Social Media and Channeling Into Gen Z

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:02

They’re smart, tech-savvy and in the market for housing, and they’re using social media to see what’s trending and who’s selling. Generation Z—defined as the 72 million people born between 1997 and 2012—are not your typical buyers, and that presents both challenges and opportunities for REALTORS® and agents.

Share of Mortgage Loans in Forbearance Decreases to 0.85% in May

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:01

The total number of loans now in forbearance decreased by 9 basis points from 0.94% of servicers’ portfolio volume in the prior month to 0.85% as of May 31, 2022, according to the Mortgage Bankers Association’s (MBA) monthly Loan Monitoring Survey, released Tuesday.

According to MBA’s estimate, 425,000 homeowners are in forbearance plans. The share of Fannie Mae and Freddie Mac loans in forbearance decreased 5 basis points to 0.38%.

How have you shifted with the market? Pulse

USA Real Estate News-Inman - Wed, 2022-06-22 04:00
This week, we want to know: What adjustments are you making to business as usual to meet the demands of a shifting market?

Knock CEO: Sellers will need Power Buyers even more as market shifts

USA Real Estate News-Inman - Wed, 2022-06-22 04:00
If rising home prices and mortgage rates create a buyer's market, sellers will need Power Buyers even more, says Knock CEO Sean Black.

MBA and NFHA Launch Online Toolkit to Help Underserved Communities

USA Real Estate News-RISMedia - Wed, 2022-06-22 04:00

The Mortgage Bankers Association (MBA) and National Fair Housing Alliance (NFHA) have announced a new online toolkit for mortgage lenders interested in developing Special Purpose Credit Programs (SPCPs).

What’s a ‘reset’ anyway? A veteran’s take on the Fed chair’s comments

USA Real Estate News-Inman - Wed, 2022-06-22 03:51
Interest rates and out-of-whack supply and demand have Federal Reserve Chair Jerome Powell calling for a market "reset." Jay Thompson offers his take on what that means for the real estate industry.

The internet is a hotbed for criminal behavior

USA Real Estate News-Inman - Wed, 2022-06-22 03:28
It isn’t safe to be on the internet, but that is where business comes from these days. Broker Teresa Boardman offers warning signs to look out for and ideas for keeping yourself safer from online predators.
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