Sat.May 12, 2018 - Fri.May 18, 2018

article thumbnail

In-Person Home Appraisals Won’t Be Required for Some Loans: Should You Get One Anyway?

Realtor

tadamichi; realtor.com With home prices zooming ever higher and mortgage rates ticking up, some people seeking mortgage loans or refinances could get a much-needed break. They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.

article thumbnail

Interest rates are the highest in the past 7 years!!!

Robinson Appraisal Group

Interest rates for buyers with good credit or credit worthiness for a 30 year loan is approximately 4.875% while average buyers fall around 5%. A hike in rates have been talked about since last year with minimal increases until recently. Mortgage rates started around 4% at the beginning of 2018 and have seen a steady increase. With the positive retail sales data and the rising home costs due to low inventory in some of the major markets the interest rate hike is not a complete surprise.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Mokena Market Trends

Advanced Appraisal

article thumbnail

Picking a Moving Company: How Do Your Choices Stack Up?

Zillow

By Manuella Irwin Selecting a moving company can be overwhelming. You probably have a few friends with recommendations, and there are plenty of movers' ads online and offline - but which company’s the best fit? The process of choosing a mover varies slightly, depending on what kind of move you’re planning , but a few key factors are constant.

article thumbnail

In-Person Home Appraisals Won’t Be Required for Some Loans: Should You Get One Anyway?

Realtor

tadamichi; realtor.com With home prices zooming ever higher and mortgage rates ticking up, some people seeking mortgage loans or refinances could get a much-needed break. They may no longer be required to get formal property appraisals—a change that could save them hundreds of dollars and speed up the closing process. A little-known change in requirements last year from mortgage giants Fannie Mae and Freddie Mac has made these waivers for traditional, in-person appraisals available.