Fund Helps REALTOR® Fire Victims

If you have been impacted by the California fires or know someone in the REALTOR® family who has, C.A.R.’s Disaster Relief Fund is available to assist. There’s also a way to donate to the fund. READ MORE

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Refinancing Scams Target Military

The federal government is investigating a number of predatory lending schemes targeting thousands of veterans who have Veterans Administration mortgages. Officials say the scams aim to convince borrowers to repeatedly refinance, ultimately paying more on their loans.
READ MORE

Crowdfunding an Option for Down

What sounds better, giving the happy couple a $200 toaster oven, or chipping in for a down payment on their house? More hopeful buyers, including newlyweds, are turning to crowdfunding because they can’t save enough for a down payment on their own. READ MORE

 

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Client Tip:  9 Rules Agents Wish Sellers Knew

Most agents dread having to have that awkward conversation with a seller. Realtor.com® shares the top wish list that agents want their clients to consider when selling a home:
1. Your home decor isn’t always perfect for selling. Clutter can make a home feel cramped. READ MORE

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Wells Fargo to Refund Mortgage Fees

Wells Fargo CEO Tim Sloan revealed plans to refund mortgage fees to borrowers, at a hearing before the U.S. Senate Committee on Banking, Housing and Urban Affairs, following the bank’s massive fake account scandal last year. READ MORE

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FEMA Help – Fire victims can apply for tax relief, FEMA grants, and loans.
Credit Scores – Equifax, Experian and TransUnion have made a change that could raise about 200,000 consumers’ credit scores. Check out the NCAP initiative.
Refinancing Down – Applications have now plunged 40% compared to a year ago, says the Mortgage Bankers Association.
Mortgage Rate – Average 30-year fixed-rate mortgage rose to 4.12%, up from 4.11% the first week of October. (MBA)

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