Interest rates will stay rock bottom as long as the economy keeps puttering along

Interesting, go-figure week. New economic data were strong but ignored by markets; Federal Reserve Chair Janet Yellen made dovish speeches, which revived the stock market; and Ukraine (back from the brink) removed a safety bid from bonds. March retail …

FHA facing political pressure to bring back ‘spot’ condo loans

Good news for Realtors, lenders and condominium unit owners who’ve been frustrated by FHA’s prohibition of “spot loans” in developments that haven’t obtained certification: The agency is now seriously exploring how to relax its ban and bring them back. Officials [&hellip …

Technology can’t do real estate the way agents, brokers and loan officers do: Focus on the human connection

Computers are a wonderful tool that we use every day. Whether it be your old-school desktop or your tablet, they are a huge part of our lives and no one can deny that. In many industries, computers have already taken a human’s position. The automobile …

The concept of what adds ‘value’ to a home is subjective, at best

The concept of what adds “value” to a home is, at best, subjective. One buyer may place a high value on a pool while another may see that as a reason to eliminate the home from consideration. Price and cost …

The concept of what adds ‘value’ to a home is subjective, at best

The concept of what adds “value” to a home is, at best, subjective. One buyer may place a high value on a pool while another may see that as a reason to eliminate the home from consideration. Price and cost …

How the sharing economy is changing home affordability

As implied by the name, the sharing economy works when some people who own things are happy for others to make use of them –  for a fee. This enables the owner to make money where previously they wouldn’t and …

Carrington Mortgage Services taking minimum FICO score down to 550

Carrington Mortgage Services LLC wants to boost lending to “underserved” borrowers with FICO scores below 640 — “a sizable market that is largely ignored by today’s lenders,” the company said today in announcing it’s loosening underwriting on FHA, VA and …

Honolulu MLS is latest to show which properties may qualify for down payment assistance

Homebuyers searching for properties in Honolulu on public-facing websites operated by HiCentral MLS and its 5,300 members will soon be able to see which homes may qualify for down payment assistance programs using Down Payment Resource, a tool develope…

Discover Home Loans to build websites for select Real Living brokerages

Discover Home Loans — an Irvine, Calif.-based lender licensed in 42 states — will launch websites for some real estate brokerages affiliated with Real Living Real Estate designed to allow consumers to search for-sale listings and connect them with real …

Zillow launches homebuyer mortgage preapproval tool

Zillow has launched a consumer mortgage tool that allows homebuyers to receive a preapproval letter within minutes of sharing their pertinent income, debt and personal info. The tool, available on both Web and mobile, prompts homebuyers to complete a s…