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Even if you can’t get a zero-down loan as a first-time buyer, there’s a good chance you’ll qualify with just 3 or 3.5 percent down. First-time home buyers have plenty of low-down-payment mortgage options. For example, conventional loans let you buy a house with 3 percent down and... Read More
Just above Hollywood Boulevard, a rustic Spanish-style haunt owned by Emmy-winning actor Billy Miller has surfaced for sale at $2.3 million. Though the lot covers less than 5,000 square feet, it fills its space well; in addition to the 2,200-square-foot home, there are two decks, a loggia, a... Read More
Here’s what to expect! What should we expect for South Florida real estate in 2021? We asked the experts, all members of the Haute Residence network of top real estate professionals, for their thoughts on the different luxury real estate markets they represent and serve. Read More
Borrowers are still maintaining a strong pace, as contract signings are up 20.2% compared to a year ago. According to Joel Kan, the Mortgage Bankers Associations assistant vice president of economic and industry forecasting, that robust year-over-year improvement in activity is a sign the market will continue to... Read More
The 2,000-acre spread recently relisted for $8 million, records show. The property is fenced and cross-fenced with horse trails winding through the acreage and sweeping views of the mountains and valleys beyond. At the center sits a stucco ranch house with three bedrooms and three bathrooms in 3,000... Read More
Needless to say, these loans aren’t for everyone — in part because not everyone can qualify. Reverse mortgage loans can be an effective tool for older homeowners who don’t have much spare cash but need to cover expenses such as medical bills, home renovations and monthly bills. The... Read More
Buying a home in a small town isn’t necessarily cheaper than purchasing in a big city. The online lending marketplace recently analyzed 50 towns with populations under 50,000 that had the most expensive median home values. Researchers then ranked the towns based on where home values were the... Read More
Here’s how to do it! The home purchase and sale process can stress out buyers and sellers, including their agents and brokers. This stress can be caused or amplified when personalities clash or when the real estate transaction does not go as planned. In these instances, how do... Read More
The money lenders make on each home loan hit another survey-record high in the third quarter despite increased expenses that put downward pressure on margins, according to the Mortgage Bankers Association. The average pretax production profit for independent mortgage companies and home-loan subsidiaries of chartered banks was 203... Read More
The number of closed loans increased 7.1% over September, per Ellie Mae. Seasonally, October over September for 2019, 2018, 2017 were up 4.8%, up 9.9%, and up 5.6% respectively. Across the board, 30-year mortgage rates decreased on average from 3% in September to 2.99% in October, continuing this... Read More
“Deal or No Deal” host Howie Mandel just hammered out a deal of his own, selling a newly built farmhouse in celebrity-favored Hidden Hills for $9.5 million. Finished earlier this year, the three-story mansion sits on 1.3 acres and draws the eye with a visually busy facade of... Read More
The former baseball catcher Jarrod Saltalamacchia is looking for a buyer for his home base in Florida. It’s now on the market for $3,295,000. The 35-year-old West Palm Beach native picked up the Wellington, FL, property in 2013 for $2.65 million. Wellington has a number of attractive attributes,... Read More