Mortgage rates remained near historic lows this week, and the benchmark 30-year home loan held below the 3% mark amid further signs of the economy’s recovery from the pandemic recession.

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Mortgage rates were flat to higher this week. The benchmark 30-year home loan remained below the 3% mark amid continued positive indications of the economy’s recovery from the pandemic recession.

Tagged with: housing mortgages Real Estate

Consider the following (not so) hypothetical cases. No. 1. A lender made two loans to the same borrower. The borrower wanted to pay off one of the loans (Loan 1), but not the other (Loan 2). The lender agreed that ...

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Some Americans will soon be able to buy a home with a down payment as low as 3 percent, compared with the current minimum of 5 percent, the mortgage giants Fannie Mae and Freddie Mac say.

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In a blow to Maryland homebuyers, the state’s top court has unanimously ruled that mortgage borrowers have just three years in which to sue mortgage brokers who allegedly failed to disclose they charged and collected finders’ fees for their brokerage services.

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WASHINGTON — U.S. home prices rose 12.1 percent in June from a year earlier, nearly matching a seven-year high. But month-over-month price gains slowed in most markets, a sign that higher mortgage rates may weigh on the housing recovery. The ...

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SECU, Maryland’s largest state-chartered financial cooperative, has again been named one of the Top 300 First Mortgage Granting Credit Unions in the country, according to an annual survey conducted by the American Credit Union Mortgage Association.

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WASHINGTON — Homeowners trying to avoid foreclosure must wait too long for their loan modification applications to be reviewed by some of the nation’s top mortgage servicers, according to a report released Wednesday. Such delays can plunge borrowers deeper in ...

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Our first Realities of Real Estate column was published in September 2008. It was an exciting, or as some might put it, a terrifying time to write about real estate. During that month, the financial markets began to unravel when they could no longer contain the pressure released by a bursting real estate bubble. Lehman Brothers filed for Chapter 11, and a few days later, the stock market experienced its largest point drop ever, falling almost 780 points in a single day.

Tagged with: bob and donna mcwilliams Bob and Donna McWilliams Development housing loans maryland mortgages real estate news realities of real estate

How agents can represent someone varies from state to state, and depending which real estate company you employ, specific buyer or listing agent agreements can also vary. In the past, agents only represented the seller, and that was it. Today, it’s very different.

Tagged with: bob and donna mcwilliams Bob and Donna McWilliams Development housing loans maryland mortgages real estate news realities of real estate