Editors Note: Our blog will not be published during the week between Christmas and New Year’s Day so that our staff may enjoy that time with their families. Be assured we will be keeping abreast of the housing market and will be back on January 2, 2018. Happy Holidays from all of us at LoanLogics. Maybe it’s the holiday spirit.…
Editors Note: Our blog will not be published during the week between Christmas and New Year’s Day so that our staff may enjoy that time with their families. Be assured we will be keeping abreast of the housing market and will be back on January 2, 2018. Happy Holidays from all of us at LoanLogics. ‘Tis the season to be…
Okay, let’s take a look at the bright side. According to a recent First American survey of title and real estate professional’s, confidence in transaction volume growth over the next 12 months increased by 0.5 percent from the third quarter and increased by 5.3 percent compared to a year ago. With rates anticipated to remain relatively low and increased property…
Better late than never, I guess. The Community Home Lenders Association sent a letter to acting CFPB Director Mulvaney seeking a delay in implementation of the new HMDA data collection and reporting requirements. That’s like betting on a long shot. They believe the new requirements are an unfair burden on small independent lenders. Further, they want a safe harbor from…
According to some experts, the elimination of the SALT deductions may result in some homeowners looking to move from high tax states. Is that so bad? The net effect of such moves will remain to be seen. First off, will existing homebuyers just up and move because of the SALT elimination? Maybe some, but what about their jobs, their family,…
The outlook for 2018 is for continued home value and price increases at a rate of about 3 to 4%. That’s good and bad news. Good news for homeowners who will see increased equity which they can tap for other purposes or use toward the purchase a new home at a higher value. Of course, that is as long as…
