New plan for government to offer 25k to homebuyers

New plan for government to offer 25k to homebuyers

A new plan unveiled by candidate Harris aims to provide up to 25k to every first time homebuyer for a downpayment.  Like many of you when I heard the news, I did a double take.  What is in the plan?  Will the proposed plan increase or decrease house prices?  Who pays...
New Senate bill penalizes investors buying houses

New Senate bill penalizes investors buying houses

Vice president Harris announced her support of a recently introduced  bill aimed at curtailing investor activity in the housing market that she says is driving up home prices. This new bill is one of the cornerstones of Harris’ housing policy.  The Stop Predatory...
Will realtors’ settlement lower home prices?

Will realtors’ settlement lower home prices?

With the realtor settlement now implemented nationwide, the question now is will a reduction in realtor fees lower house prices?  The big premise of the commission lawsuit against the national association of realtors is that high commission fees were one of the...
Fed lowers rates, will mortgage rates rise?

Fed lowers rates, will mortgage rates rise?

  The million dollar question is where do interest rates head from here.  The Federal reserve has hinted at more upcoming cuts, what does this mean for mortgage rates?  Does the federal reserve actually control mortgage rates? How is the treasury department...
Property Insurance rates set to jump by 50%; why and who pays?

Property Insurance rates set to jump by 50%; why and who pays?

  The mortgage industry should be prepared for large increases in insurance premiums up to 50% according to the Situs Whitepaper. Jennifer Rasmussen, one of the reports authors stated that the average homeowner “was not cognizant of the sheer magnitude of these...