The Federal Trade Commission and the National Association of REALTORS® issued a warning to consumers to be mindful of a growing mortgage closing phishing scam that could leave buyers with no down payment.
For more information about this scam, read this ARTICLE.
Existing-home sales plunged in February as the number of homes for-sale continued to be severely limited and home prices accelerated, according to the latest housing report released by the National Association of REALTORS®. All major regions across the U.S. saw sales decline in February; the Northeast and Midwest saw the largest decreases.
For the second consecutive week, mortgage rates edged higher. But even with slight increases this week, mortgage rates still are “very attractive for the upcoming spring home-buying season,” Freddie Mac reports.
For details on the rates for specific mortgage types, READ ON…
Real estate data firm RealtyTrac researched the effect that living near a Target or Walmart could have on home prices. For its study, RealtyTrac analyzed home values, appreciation, and property taxes in ZIP codes with a Walmart or a Target.
Read more HERE.
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