Mortgage Financing Archive

Webcast Recording: Using a Reverse Mortgage to Buy a Home

REALTOR® Magazine recently hosted a live webcast about how reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose of enabling...
February 24, 2017

Live Webcast: Using a Reverse Mortgage to Buy a Home

Reverse mortgages, also known as home equity conversion mortgages (HECMs), can be used to help seniors finance the purchase of a home in addition to their traditional purpose of enabling people to borrow against the equity in a property...
January 12, 2017

Important Tax Provisions Still Available for 2016 Tax Year

The following status update on mortgage debt cancellation relief, an important federal tax issue for homeowners, is written by Jon Boughtin of NAR Media. The 114th Congress recessed in early December without completing work on a so-called “tax extenders”...

Families Can Get $11,000 More In Loan Funds

Interest rates are inching up and credit can still be hard to get but there is one bright spot for households hoping to buy a home soon: they can get a larger loan now, thanks to recent loan-limit increases...
December 19, 2016

Using Facebook to Generate Offline Referrals

Facebook: is it friend or foe when it comes to building your business? On the face of it, a social media site like Facebook would seem to be a no-brainer for reaching out to people when they’re ready to...
October 24, 2016

In Some Areas, Renters Earn More Than Enough to Buy

One of the big challenges of real estate markets today is moving renters that want to buy into the homeownership column. Renters wanting to buy is the first step, but they have to come up with a downpayment and...
August 19, 2016

Is That Nanny Cam in Your Seller’s House a Lawsuit Waiting to Happen?

Nanny cams are popular with parents today. The tiny, easy-to-hide devices help parents keep tabs on their kids while they’re away. State privacy laws differ, but for the most part, you’ll want to let buyers know upfront if there’s a...
July 25, 2016

Why Can’t Borrowers Refinance Their Student Loan Debt?

Refinancing the mortgage on your house can sometimes make the difference between keeping your house and losing it to foreclosure. You might wonder why people who are paying back student loan debt can’t do the same. For the real...

REALTORS® in Washington: Condo Loans a Big Push

Improving the availability of condo financing will be a priority when thousands of REALTORS® are in Washington this week for the 2016 REALTORS® Legislative Meetings & Trade Expo. Overly restrictive rules on condo board certification, owner-occupancy, and commercial space...
May 9, 2016

650,000 Leave Prison Each Year: Impact on Real Estate

Almost a third of Americans—100 million people—have a criminal record, and 650,000 are released from prison each year, adding to the total. This relates to housing because the U.S. Department of Housing and Urban Development recently released guidelines to...
April 27, 2016