Here are the 20 hottest housing markets right now

Here are the 20 hottest housing markets right now

realtor.com reveals where demand and prices are sizzling

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose

Monday Morning Cup of Coffee: G-fees won’t pay for highways

Fed inaction leaves analysts strongly neutral on mortgage bonds
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Lending

Mortgage closing costs drop 7% to $1,847

Origination fees dropped but third-party costs rose
Mortgage closing costs declined 7% over the past year and now average $1,847 on a $200,000 loan, according to Bankrate.com. Every little bit helps, but is it enough and will it continue?
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NYC mayor reveals new affordable housing plan

Contains strongest requirements in the nation
New York City Mayor Bill de Blasio has officially unveiled his new home-affordability plan after first mentioning it during his 2013 mayoral campaign. Is this a game changer for one of America’s most unaffordable cities?
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How to prepare for a hot market in 2015

The market is ripe for growth
The indicators of a healthy market are all present: a steadily growing economy, low rates, loosening credit availability and a high labor participation rate. As a result, two things will matter: getting the business to you and not your competitors, and executing on the promises made to those prospects in an environment riddled with regulation.
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Appraisal Institute selects Jim Murrett as new vice president

Begins one-year term on Jan. 1
The Appraisal Institute announced the election of Jim Murrett to serve as the organization’s vice president in 2016. Murrett’s one-year term at the Appraisal Institute will begin Jan. 1, followed by one year each as president-elect, president and immediate past president.
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Rick Perry: Clinton policies caused housing crisis

Warns another crash is coming; advocates ending Fannie, Freddie
In a speech last week in New York, former Texas Gov. Rick Perry positioned himself, surprisingly, as a populist ready to take on Wall Street, laid the blame of the housing crisis on the “destructive homeownership policies” of the Clinton administration, and warned that the next crisis is coming.
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CFPB to mortgage industry: Get out of MSAs

Industry calls move regulation by enforcement
The Consumer Financial Protection Bureau wants mortgage lenders to stop using marketing services agreements, and it’s using the stick rather than the rules process to do so. The industry says no fair, that's regulation by enforcement. What do you think?
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