While we analyze the market monthly and provide a report, this one is different and it is so essential that we all understand what is happening to the real estate market, as a result of Covid-19, so that we,together, can make educated decisions. There is little doubt that Covid-19 and the shut […]
1. My company’s offices are closed, and I am having a hard time providing my final verification of employment within the 10 days prior to loan closing. FHA and RHS are allowing verbal verification of employment. Specifically, your employer can provide this by phone. RHS is also allowing email verification. If you cannot get either […]
https://amyandnoreenteam.com/wp-content/uploads/2020/04/Screen-Shot-2020-04-14-at-12.41.24-AM.png3781554Amy Snookhttps://amyandnoreenteam.com/wp-content/uploads/2021/08/amy-and-noreen-team.pngAmy Snook2020-04-14 04:42:532021-04-24 01:32:05COVID-19 Personal Financial FAQ’s for Homebuyer’s
“Rates dropped for the second week in a row due to “improvements in market liquidity and sentiment,” says Freddie Mac economist.” – FloridaRealtors.org MCLEAN, Va. – Freddie Mac’s Primary Mortgage Market Survey for this week found declines for the second week in a row. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.33%, which is […]
“In addition to a full-percent interest rate cut, the Fed will take other stimulus steps, saying COVID-19 “weighs on economic activity and poses (economic) risks.” The move should benefit adjustable rate mortgages, credit cards and other short-term loans.” “The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage […]
“ATTOM: The business of buying single-family homes to rent lost some steam after rents stopped increasing as fast as the purchase cost for those rental properties. “The business of buying single-family homes for rent has lost a little steam this year across the United States as rents aren’t rising quite as fast as prices for […]
As I write this market report, I realize there are two very important aspects of how we are all evaluating the real estate market today. Certainly the numbers from the most recent market report of January 2020 tell a story but also the recent stock market tumble in light of the corona […]
Market Report Through 3/31/2020
in News Room, Real Estate Market ReportWhile we analyze the market monthly and provide a report, this one is different and it is so essential that we all understand what is happening to the real estate market, as a result of Covid-19, so that we,together, can make educated decisions. There is little doubt that Covid-19 and the shut […]
COVID-19 Personal Financial FAQ’s for Homebuyer’s
in Buying a Home, Home Buyer Tips, News Room, Real Estate Market Report1. My company’s offices are closed, and I am having a hard time providing my final verification of employment within the 10 days prior to loan closing. FHA and RHS are allowing verbal verification of employment. Specifically, your employer can provide this by phone. RHS is also allowing email verification. If you cannot get either […]
30-Year Mortgage Rate Drops Again, Down to 3.33%
in Buying a Home, News Room, Real Estate Market Report“Rates dropped for the second week in a row due to “improvements in market liquidity and sentiment,” says Freddie Mac economist.” – FloridaRealtors.org MCLEAN, Va. – Freddie Mac’s Primary Mortgage Market Survey for this week found declines for the second week in a row. This week, the 30-year fixed-rate mortgage (FRM) averaged 3.33%, which is […]
Fed Slashes Interest Rates Near Zero, Eases Lending Rules- Florida Realtors
in Buying a Home, News Room, Real Estate Market Report“In addition to a full-percent interest rate cut, the Fed will take other stimulus steps, saying COVID-19 “weighs on economic activity and poses (economic) risks.” The move should benefit adjustable rate mortgages, credit cards and other short-term loans.” “The Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage […]
Has the Single-Family Rental Market Peaked?- Florida Realtors
in News Room, Real Estate Market Report“ATTOM: The business of buying single-family homes to rent lost some steam after rents stopped increasing as fast as the purchase cost for those rental properties. “The business of buying single-family homes for rent has lost a little steam this year across the United States as rents aren’t rising quite as fast as prices for […]
January 2020 Market Report
in East Delray News, News Room, Real Estate Market ReportAs I write this market report, I realize there are two very important aspects of how we are all evaluating the real estate market today. Certainly the numbers from the most recent market report of January 2020 tell a story but also the recent stock market tumble in light of the corona […]