Mortgage Mark

2,323 Flips | 1 Magazine | 373 Followers | @mbooras | I would love to help meet your current mortgage lending needs. Please call me directly at 512.508.1388 --Mark Booras RMLO, NMLS#895790 Georgetown Mortgage

Affordable Housing Crisis: What You Must Know About The Housing Bubble

A decade after the housing crash triggered the Great Recession, housing markets in many of America's most dynamic cities have hit a different kind of …

Housing

The Realtors' Last Hurrah

If you’ve ever bought or sold a home, you know the complexity and frustration—and the high fees—involved in this critical transaction. You probably used a professional Realtor throughout the process, who guided you through scores of listings and home tours and helped you put together specific …

Real Estate

Bank of America Says Pump the Brakes on Structured-Credit Risk

Signals are flashing red in the structured credit market, according to Bank of America.<p>Credit analysts at the bank are warning that structured credit …

Bank of America

Redfin Might Be the Canary in the Housing Coal Mine... or Not: Market Recon

<b>You Might Think</b><p>As most of you rip that ugly thing atop your shoulders away from the familiar comfort of mankind's greatest invention (the pillow), …

Real Estate

Fannie, Freddie's Fate Could Rest On Potential Trump Nominee

Donald Trump's presidency hasn’t provided the beacon of hope <b>Federal National Mortgage Association</b> (OTC: FNMA) and <b>Federal Home Loan Mortgage Corp</b> …

Capital Markets

Mortgage rates tick down as more home buyers choose to wait it out

Interest rates for home loans ticked down as simmering trade tensions kept investors flocking to the safety of bonds, even as evidence mounts that …

Mortgages

Zillow tanks after announcing plans to acquire a mortgage lender

Shares of online home sales site Zillow plunged more than 17 percent Tuesday, on pace for the stock's worst day in nearly seven years, following an …

Real Estate

Zillow gets into the mortgage business, acquires Mortgage Lenders of America

Zillow, the publicly traded real estate portal and lead generation service, has acquired Mortgage Lenders of America. This is Zillow’s first move into originating mortgages. Until now, the company’s focus in this space was on providing home buyers with quotes from a variety of third-party …

Real Estate

5 Mortifying Reasons Mortgage Applications End Up in the 'Reject' Pile

There are a number of reasons mortgage applications are denied‚ and the saddest part about it is that many could have been avoided quite easily.<p>Picture this nightmare: You apply for a mortgage, but your application gets rejected. Suddenly, you’re hit with an overwhelming wave of embarrassment, …

Personal Finance

Mortgage rates climb as housing market loses its mojo

Rates for home loans surged along with the broader fixed-income market, pressuring mortgage affordability again even as housing-market growth falters.<p>…

Real Estate

Housing demand sees biggest drop in more than 2 years

The long list of housing headwinds is finally taking its toll on potential buyers. Housing demand fell 9.6 percent in June, compared with June 2017, …

Real Estate

Weekly mortgage applications to buy a home hit the lowest level in a month as rates continue to rise

• Total mortgage application volume slipped as interest rates rose, according to the Mortgage Bankers Association.<br>• Home sales have been weakening for …

Mortgages

How To Start Investing In Real Estate

Millennials are starting to invest in real estate in large numbers. Individuals aged 36 years and younger accounted for the largest group of the real estate buyers over the last four years, according to the National Association of Realtors. It’s no doubt that this age group is now realizing the …

Real Estate

Fannie-Freddie a Top Focus If Democrats Win House, Waters Says

Representative Maxine Waters said fixing Fannie Mae and Freddie Mac would top her list of priorities if Democrats take control of the House in this …

Financial Services

Buying your first rental property? Here’s how to make money as a landlord.

By Justin Pierce<p>Thinking about buying your first rental property?<p>The mistake most wannabe landlords make is paying market price for any old home on the market. Any house at any price won’t necessarily make for a good rental. Step one to making money is to buy the house at the right price based on …

Real Estate

U.S. pending home sales rise, supply constraints remain

By Lucia Mutikani<p>WASHINGTON (Reuters) - Contracts to buy previously owned homes unexpectedly rose in June after two straight monthly declines, but …

Real Estate

Pending home sales advance in June after grim spring selling season

<b>The numbers:</b> U.S. pending home sales rose 0.9% in June, the National Association of Realtors said Monday.<p><b>What happened:</b> NAR’s index, which tracks …

Real Estate

America's housing market is raising a 'large red flag' for the economy

The US housing market is slowing down.<p>Friday's report on US economic growth spurred a presidential victory lap after it showed that gross domestic product rose at a 4.1% annual rate, the fastest in nearly four years.<p>But it had an ugly detail about the housing market that added to evidence of a …

Housing Market

D-FW home price gains are dwindling as the residential market shifts gears

The latest national home price comparison shows that North Texas home price gains have hit the brakes.<p>Dallas-Fort Worth home prices increased by only …

Real Estate

The U.S. Housing Market Looks Headed for Its Worst Slowdown in Years

They were fed up with Seattle’s home bidding wars. They were only in their late 20s but had already lost two battles and were ready to renew with …

Housing Market

The only right way to save money for a house

With millennial homeownership at an all-time record low, saving for a home can seem like an impossible feat.<p>Millennials buying their first home today will pay 39% more than baby boomers who bought their first home in the 1980s. And, depending on the city, it can take nearly a decade to save money …

Personal Finance

There's a stronger relationship between getting a college degree and buying a home than ever before

There's at least one thing that's higher than buying a house on millennials' to-do lists: Graduating from college.<p>That's according to new research from First American, which found that young adults today aren't giving up on homeownership, they're just getting there later.<p>First American measured …

Home Ownership

Buying a house? This company will use AI to help you

Purchasing a home might be one of the most significant investments that Americans make in a lifetime, and one of the biggest real estate companies in the country is trying to make that process easier, with the assistance of artificial intelligence.<p>“As important as purchasing a home is, a home …

Artificial Intelligence

New-home sales fall 5.3 pct in June ... a warning light?

WASHINGTON (AP) -- Sales of new U.S. homes tumbled 5.3 percent in June and the median sales price also slipped, a potentially ominous sign for the …

New Home Sales

Seven Common Misconceptions That Can Haunt First-Time Homebuyers

As a first-time homebuyer, you may have expectations on how things will go that may not be completely accurate. You may be letting well-meaning advice from family and friends overshadow what your real estate agent has told you, something that can lead to disappointing, or even disastrous, …

Real Estate

Fannie Mae Says CEO Mayopoulos to Step Down by End of the Year

Fannie Mae Chief Executive Officer Timothy Mayopoulos plans to step down by the end of the year, creating a potential vacancy atop a …

Fannie Mae

US Treasury yields rise after massive move in Japanese government bond yields

U.S. government debt yields rose on Monday, tracking a massive move in Japanese rates.<p>The yield on the Japanese 10-year note jumped more than 4 basis …

Bank of Japan

The interest rate that drives mortgages and other loans is snapping higher

The U.S. 10-year Treasury yield looks set to spring higher, taking mortgages and consumer loan rates with it, after spending the past month in a …

Economics

U.S. home sales sag as prices race to record high

By Lucia Mutikani<p>WASHINGTON (Reuters) - U.S. home sales unexpectedly fell in June, posting their third straight monthly decline as a persistent …

Stock Markets

When Is It The Right Time To Sell Your Rental Property?

One of the smartest things you can do as a real estate investor is to get into the habit of periodically evaluating your options: buy, hold or sell. This is especially true if you’re building your real estate portfolio as a primary investment vehicle that you’re hoping will fuel your children’s …

Real Estate