Freddie Mac reported a four-basis-point increase in the average 30-year fixed mortgage rate
The lender expects to close its latest purchase by March
Two federal agencies have agreed to form a partnership to develop and maintain a National Mortgage Database, the first of its kind in the history of government oversight of mortgage lending operations.
Most real estate investors are requiring meth tests on a house before buying it. Once a property is declared a “meth house,” most buyers will flee.
The inventory of new homes for sale reached its lowest level in 50 years, lower than existing homes, and pushed new home prices higher to drive the real estate market, according to Pro Teck’s October Home Value Forecast Update.