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The 30-year fixed-rate mortgage (FRM) averaged 3.10%, unchanged from last week, according to the latest Primary Mortgage Market Survey (PMMS) from Freddie Mac. Mortgage details: 30-year fixed-rate mortgage averaged 3.10% with an average 0.7 point for the week ending Nov. 24, 2021, unchanged from last week. A year ago, the 30-year FRM averaged 2.72%. 15-year […]
The post Mortgage Rates Hold Firm Going Into Thanksgiving Weekend appeared first on RISMedia.
Mortgage applications increased 1.8% for the week ending Nov. 19, 2021, according to the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey. The refinance share of mortgage activity increased to 63.1% of total applications from 62.9% the previous week. The adjustable-rate mortgage (ARM) share of activity increased to 3.4% of total applications. The FHA share […]
The post Mortgage Applications Up in November, With Refis Making Up More Than Half of the Share appeared first on RISMedia.
(TNS)—Not all houses are created equal. In any given price range, every property you’re going to look at will have its pros and cons. This applies even more so if you’re considering a home that was recently renovated by a flipper. You certainly don’t need to avoid properties that are being flipped, but there are […]
The post Is That House You’re Considering a Flip? Here’s What to Know appeared first on RISMedia.
Patricia Schlosser Broker/Owner CENTURY 21 Morrison Realty Bismarck, North Dakota www.century21.com/real-estate-agent/profile/patricia-schlosser-P25324325 Region served: Central and Southwest North Dakota Years in real estate: 11 Number of offices: 3 Number of agents: 120 Jordan Grice: As a second-generation family-owned firm, what has been the most valuable component of growing your company to its current level? Patricia Schlosser: […]
The post How One Brokerage Addresses Pain Points to Build Upon a Solid Foundation appeared first on RISMedia.
(TNS)—Q: Our association will be remodeling the clubhouse, and there will be a significant assessment. We will have the option to pay off the amount in one lump sum or over 10 years. If I sell while paying off the assessment, am I responsible for paying the balance, or does the new owner take over […]
The post Real Estate Q&A: Who Pays Balance of Special Assessment if Property Is Sold? appeared first on RISMedia.