Closing the Deal: Understanding the Importance of Reviewing and Signing Closing Documents
It might be tempting to skip through the last few phases of buying a property. The closing paperwork must be carefully read and understood before you sign them, so take your time. This post will discuss the significance of reading and signing closing paperwork and...
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Real Estate
COFI Bounces Off Record Low
Following a month when it fell to the lowest level ever, the 11th District Cost of Funds Index jumped to the highest level since last summer. COFI...
COFI Bounces Off Record Low
Following a month when it fell to the lowest level ever, the 11th District Cost of Funds Index jumped to the highest level since last summer. COFI...
Bank Regulators Ease Appraiser Requirements
Federal regulators of the nation's financial institutions have come up with a short-term solution to the shortage of real estate appraisers. An...
Drop in Mortgage Rates Likely to Hold
Interest rates on residential loans were solidly lower over the past seven days. Rates are likely to refrain from moving much over the next seven...
HUD Budget Includes New FHA Administrative Fee
The Department of Housing and Urban Development's proposed budget includes a new administrative fee on government-insured mortgages to fund...
FHA Originations Rising, Delinquency Tumbles
The monthly volume of home loans insured by the Federal Housing Administration turned higher, and a further increase is on the way. Delinquency,...