Fannie and Freddie will now accept VantageScore 4.0, a move that could help more buyers qualify by including rent, utility and telecom payments in scores.
Investors purchased 265,000 homes in the January-March quarter, an increase of 1.2% from the same period a year earlier, a new report found.
Researchers lowered their Atlantic hurricane forecast to 16 named storms, 8 hurricanes and 3 major storms, citing slightly cooler sea temps.
Homeowners can tap equity soon after buying if they have 15% to 20% equity. The best rates go to those with more equity, strong credit and low debt.
Rates on 30-year mortgages ticked up to 6.72% from 6.67% last week, while 15-year mortgage rates rose to 5.86% from 5.80%, mortgage buyer Freddie Mac said.
Kitchen, bath and living room remodels top the list as homeowners shift toward privacy and away from open floor plans post-pandemic.
Brokers can prioritize their emotional health to lead with resilience, support their teams and maintain long-term success in a demanding industry.
AI is reshaping real estate. This year’s Florida Realtors Convention features expert-led sessions on tools, strategies and ethical use in daily business.
Use the Forewarn app, a free Florida Realtors® member benefit, to conduct instant background checks on prospective clients.
Buyers are using AI-powered searches, agent-matching platforms and high-tech home inspection tools, among others.
