Articles Tagged with ''homebuyer''

Freddie Mac: Mortgage rates finally see an uptick

Rates now as steady as they were in the fall of 2016
Mortgage rates are finally seeing an uptick, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater believes the recent slowdown in price appreciation in several markets is good news for the many prospective buyers who were priced out earlier this year.
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Realtors: This is how your buyer wants you to contact them

But some topics are off-limits
Homebuyers are increasingly looking to texting as a way to communicate with housing professionals on the go during the home buying process, however, certain topics are off-limits for this method of communication. A new Ellie Mae study found that while the demand for communicating by text increased, less homebuyers prefer to communicate through email.
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Direct homebuyer OfferPad expanding to Charlotte

Will become company’s 8th market
OfferPad, which buys homes directly from homeowners through its own platform, is expanding again and plans to keep growing. The company currently operates in Atlanta, Phoenix, Tampa, Orlando, Las Vegas, Salt Lake City and Los Angeles. And now, OfferPad is expanding to Charlotte.
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Fannie Mae CEO: We’re focused on reducing appraisal turnaround times

Pleased with pilot valuation programs
Access to smartphones is redefining consumer expectations and getting a mortgage is a “wildly different” experience for homebuyers when compared to other online transactions. And not in a good way, according to Fannie Mae CEO Timothy Mayopoulous. “With Amazon shopping one click away and streaming Netflix on your smartphone, looking for a mortgage is a wildly different digital experience,” he said in an interview this morning after reporting another profitable quarter.
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Trulia: Buying a home still cheaper than renting

Price to rent still outpaces rising home prices
Trulia’s new study shows that despite rising home prices, it is still cheaper to buy a home than to rent. While there’s talk about a rate hike this year, Trulia explains why potential homebuyers shouldn’t be concerned.
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Why mortgage lenders don't yet grasp Millennials

The truth is out there and you're getting closer
Millennials represent a huge population of untapped potential when it comes to homebuyers. As Millennials get older and start thinking about buying a home, lenders struggle to connect with this generation. This is the perfect example.
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