The numbers: Home builders are gung-ho again thanks to dramatically lower mortgage rates. A survey of home-builder sentiment surged to a 20-month high of 71 in October from 68 in the prior month, the National Association of Home Builders reported earlier this month. Readings over 50 are a sign confidence is improving. Just 10 months ago, the […]
Airbnb Income Counts for Refi
With the backing of Fannie Mae, home-sharing giant Airbnb has announced a new partnership with select lenders, including Quicken Loans, Citizens Bank, and Better Mortgage, that will allow homeowners to report rental earnings as part of their income when applying to refinance a mortgage. Owners who rent rooms on Airbnb had been facing delays, higher […]
Dec. 19 CVAR At A Glance
Featured Classes and Events Dec. 23-26 | All Offices Closed for the Christmas Holiday Dec. 30-Jan. 2 | All Offices Closed for New Years Jan. 9 | Dues Are Due! Jan. 9 | CRMLS Training Jan. 13 | CAR Residential Listing & Buyer Rep Agreements Jan. 13 | CAR Purchase Agreement – New Updates […]