Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season

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Thomas A. Ferrara/Newsday RM via Getty Images)Mortgage rates reached their highest level since November last week, cooling off home purchase and refinance applications ahead of the all-important spring selling season.

The post Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season appeared first on Real Estate News & Insights | realtor.com®.

Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season

realtyexperts Real Estate News

Thomas A. Ferrara/Newsday RM via Getty Images)Mortgage rates reached their highest level since November last week, cooling off home purchase and refinance applications ahead of the all-important spring selling season.

The post Rising Rates Damp Mortgage Applications Ahead of Spring Selling Season appeared first on Real Estate News & Insights | realtor.com®.

New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds

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The debt figure is the most recent indicator that unemployment benefits and federal stimulus packages have so far been inadequate to alleviate the growing financial burden of missed rent payments across thousands of city households.

The post New York City Renters Owe More Than $1 Billion in Unpaid Rent, Survey Finds appeared first on Real Estate News & Insights | realtor.com®.

Fannie, Freddie Tighten Rules for Condos in Vacation Locales

realtyexperts Real Estate News

Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities.

The post Fannie, Freddie Tighten Rules for Condos in Vacation Locales appeared first on Real Estate News & Insights | realtor.com®.

Fannie, Freddie Tighten Rules for Condos in Vacation Locales

realtyexperts Real Estate News

Getting a mortgage for a resort-area condo might become more difficult after Fannie Mae and Freddie Mac moved to tighten rules on buildings with many short-term rentals and hotel-like amenities.

The post Fannie, Freddie Tighten Rules for Condos in Vacation Locales appeared first on Real Estate News & Insights | realtor.com®.