Each state has a different tax rate, ranging from 2.49% to a mere 0.28%. Which states have the highest taxes and which have the lowest? You’ll be surprised.
The post A Guide to Property Taxes in 2021: States With the Highest (and Lowest) Rates appeared first on Real Estate News & Insights | realtor.com®.
What is an HOA? Are you confused about the meaning of an HOA? HOA is short for a homeowners association. Lots of people ask real estate agents how an HOA works and what purpose does it serve. Once they understand the purpose of a homeowners association they ask what the HOA fees cover. An HOA is […]
The post What Do HOA Fees Cover: Homeowners Association Expenses Explained appeared first on RealtyBizNews: Real Estate News.
A federal minimum-wage hike could affect the Social Security system dramatically.
Posted To: MND NewsWire
Loan performance continued to improve in January although the number of delinquencies remains significantly elevated from pre-pandemic levels. Black Knight’s first look at the month’s loan performance data has both good news and some that is disquieting. The good news is a 121,000-loan decline in the number of loans that are 30 or more days past due but not in foreclosure when compared to the prior month. This reduced the national delinquency rate to 5.85 percent, the first time the rate has been under 6 percent since the pandemic hit in March 2020. The number of seriously delinquent loans, those 90 or more days past due but not in foreclosure, was reduced by 56,000 loans. Black Knight includes loans that are in active forbearance plans in its delinquency numbers if they are non-current. However…(read more)
Realtor.com®’s ranking of the hottest real estate markets for January 2021 shows that the pandemic has reshaped house-hunting patternsâand is also driving a lot of buying activity.
The post The Hottest Cities in Real Estate Right Now Are ‘Spillover Markets’âWhere Are They? appeared first on Real Estate News & Insights | realtor.com®.
Homeownership is a major goal for many people. Not only is a house the biggest purchase many will ever make, but owning a home is a way to build andâ¦
Posted To: MND NewsWire
The volume of mortgage applications for both home purchase and refinancing fell for the third straight time during the week ended February 19. The Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of that volume, dropped 11.4 percent on a seasonally adjusted basis. It was the largest single week decline since the week ended April 3, 2020. On an unadjusted basis the index was down 10.0 percent. The Refinancing Index decreased 11 percent from the previous week but was still 50 percent higher than the same week one year ago. The refinance share of mortgage activity decreased to 68.5 percent of total applications from 69.3 percent the previous week. The seasonally adjusted Purchase Index dropped 12 percent and was 8 percent lower before adjustment. Activity was 7 percent…(read more)
Itâs not every day you come across a large-scale independent mortgage lender that has been around since the 1980s, but Amerifirst Financial Inc. fits that description. The Arizona-based company understands that thereâs more to the mortgage business than just refinances, which is why their goal is to be the lender of choice for real estate [&hellip
The post Amerifirst Financial Review: They Take Home Purchase Lending Seriously first appeared on The Truth About Mortgage.
Your taxes pay for a variety of government services, as well as government debt and salaries. The federal government spends a lot of money. In 2019, for example, the government spent a total of around $4.4 trillion. You know that sounds like a lot, but how much is it really? For comparison, $4.4 trillion was around a… Read More
The post 10 Things Taxes Pay For: Where Do Your Federal Tax Dollars Go? appeared first on Credit.com.