Mortgage rate predictions for the next two years indicate a general trend of declining rates, following a period of high rates due to inflation and Federal Reserve policies. Here’s a comprehensive overview... Read more »
As we look toward the future, experts predict a significant evolution in the housing market, particularly regarding home prices. The latest insights from Fannie Mae’s Home Price Expectations Survey (HPES) reveal an intriguing landscape... Read more »
Forging a will is considered a serious offense with severe legal consequences, and each state has laws about it. For example, according to the law of the District of Columbia, a person... Read more »
In March 2022, reverse mortgage lender and servicer Longbridge Financial announced the launch of its national field sales (NFS) division, appointing reverse mortgage industry veteran Melanie Parks to lead the channel as... Read more »
The price of newly built homes plunged last month as homebuilders sought ways to attract buyers who are feeling the pinch of higher mortgage rates. The median sales price of a newly... Read more »
The US Economic Forecast: A 2024-2034 Overview As we navigate through 2024, the economic landscape of the United States presents a complex and multifaceted picture, shaped by various factors ranging from fiscal... Read more »
San Diego planners gave unanimous approval recently to Cornerstone Communities for an Otay Mesa project with 450 townhouses, reported the San Diego Union Tribune. The Candlelight project is located in one of... Read more »
Marcus & Millichap closed the sale of Casa Florencia, a 12-unit apartment property located at 1433 Thomas Ave. in San Diego. The asset was sold for $5,300,000. “After owning and managing the apartments for over 50 years, the... Read more »
The past three years in the mortgage industry were cutthroat, with origination volume shrinking, and while things are looking better for 2024, lenders are still in a position where they must make... Read more »
The U.S. Department of Housing and Urban Development (HUD) Office of the Inspector General (OIG) issued a management alert this week, saying that the department has struggled to identify and prevent “improper... Read more »