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But even with low rates, the market is seeing a noticeable slowdown—a more typical seasonal pattern, NAR notes.
The agency’s First Look Program, which promotes owner occupancy, now allows buyers 30 days to exclusively bid on foreclosures.
The employment market will influence when the Fed lowers its benchmark interest rate. And that will have an impact on mortgage rates.
LendingHome, one of the nation’s largest lenders to real estate investors, is changing its name to Kiavi, a play on the Italian word for “key.”
Clients who receive a COVID-19 vaccine will be eligible for a $500 discount on their home loan through this company.
United Wholesale Mortgage aims to be the first major lender to accept cryptocurrency for home loans.
The two-year plan for Fannie Mae and Freddie Mac aims at better assisting low- and moderate-income home buyers.
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