Thu.Jan 28, 2021

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Zillow to list housing discrimination protections

Housing Wire

Zillow announced an update to its mobile app Thursday that aids in the fight against rental discrimination, per a company press release. Rentals listed on Zillow will now show whether or not they lie in a jurisdiction with local laws protecting renters from discrimination based on the use of Housing Choice Vouchers. The app also lists any local laws protecting renters who use veteran’s benefits or Social Security insurance payments to pay their rent.

Landlords 462
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January Newsletter – 2020 Recap

DW Slater Company

Now that 2020 is in our rearview mirror, we can take a look back and review it. I think we can all agree that this time last year, we had no idea what we were in for. We couldn’t have predicted a pandemic that would disrupt everything in our world. In Texas, March was when the impacts of the virus began as the governor issued a disaster declaration on March 13th.

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Mortgage rates dip back down to 2.73%

Housing Wire

The average mortgage rate for a 30-year fixed loan fell four basis points last week to 2.73%, according to Freddie Mac ’s Primary Mortgage Market Survey. This is the second week mortgage rates have ticked downwards since Jan. 14’s sudden jump , but still more closely resembles the rates seen around Thanksgiving. The 15-year fixed mortgage rate also shifted downward to 2.2 from 2.21 the week prior.

Mortgage 417
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Investor Spotlight: I’m Determined To Create Generational Wealth Through Real Estate (& Succeeding!) Featuring Nicole Pendergrass

BiggerPockets

Meet a real estate investor who is persevering despite several early setbacks on her journey to retire early and be around for her kids.

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Mortgage servicers take steps to support borrowers amid COVID-19

Housing Wire

As COVID-19 cases continue to rise, borrowers are facing new financial risks. According to Black Knight, as of late November, 2.73 million homeowners were still in a forbearance plan, down from the May 2020 peak of 4.7 million. Even though the forbearance numbers continue to fall, homeowners are showing signs of distress. As a result, call volume to servicers spiked to a level not seen since last April.

Mortgage 383
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Appraisal Checklist

AmeriMac

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. On the other hand, a seller will also want an accurate valuation when selling the house.

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Appraisal Checklist

AmeriMac

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. On the other hand, a seller will also want an accurate valuation when selling the house.

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Homepoint significantly downsizes IPO

Housing Wire

Home Point Capital , the parent company of Michigan-based wholesale lender Homepoint , intends to raise $94.25 million dollars in its IPO on Friday. That’s a significant downsizing from the $250 million its private equity backers planned to raise through the sale of 12.5 million shares priced between $19 and $21. Instead, the lender and servicer plans to price 7.25 million shares of common stock at $13.00 per share on Friday morning, the company said in a statement late Thursday evening.

Retail 532
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Appraisal Checklist

AmeriMac

An appraisal is a perfect way to determine your home’s fair market value. It is the main reason homeowners get an appraisal before putting their house on the market. As a buyer, your main objective is to ensure that the appraisal reflects your home’s value without artificial inflation. On the other hand, a seller will also want an accurate valuation when selling the house.

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Offshore Banking 101: What You Stand To Gain (& What To Watch Out For)

BiggerPockets

Looking to reap the benefits of an offshore account, including a high-earning account that shields your assets? Learn how here.

Finance 36