The recent drop in interest rates appears to be short-lived. Mortgage rates inched higher last week, prompting loan demand to soften.Total mortgage application volume, which includes home purchases and refinancings, dropped 1.5 percent last week compared to the previous week on a seasonally adjusted basis, the Mortgage Bankers Association reported Wednesday. Applications are now 15.4 percent lower than a year ago.Refinance volume, which tends to
Social listening is sometimes confused with social monitoring. They sound similar, but understanding the difference may help you build and strengthen your brand’s reputation online.According to the social analytics firm Netbase, 42 percent of business complaints lodged by customers in the U.S. are done so on a public website like social media sites and review-based websites. Additionally, 82 percent of customers say they’ve stopped doing bus
Fewer homeowners are falling behind on their mortgage payments. Only 4.3 percent of mortgages in March were in some stage of delinquency (30 days or more past due, including those in foreclosure), according to the Loan Performance Insights Report, released Tuesday by CoreLogic. The March foreclosure inventory rate—which reflects the share of mortgages in some stage of the foreclosure process—was 0.6 percent, which is the lowest rate of that m
With homeownership comes a neighborhood, oftentimes including some surrounding neighbors. There are lots of things neighbors can do to tick off those living nearby, and it’s not always noise related. According to a new survey of 1,010 Americans conducted by Porch.com, the top neighbor complaint is intruding on the privacy of others.“Nosy neighbors were the absolute worst of all, whether that included overly talkative meetings at the mailbox
According to a new study, more than half of Americans who have or plan to purchase a home admit they’re concerned about the ability to afford a home in the current market. The study is based on a survey of 1,000 consumers and was released by national online lender Laurel Road. One of the biggest barriers to affordability, respondents said, is the down payment.Nearly half—or 46 percent—of Americans say they are unfamiliar with alternative d
Federal authorities announced Monday that an investigation resulted in 74 arrests of people in the U.S. and overseas who allegedly took part in schemes to intercept wire transfers from businesses and individuals, including in real estate transactions. Federal authorities seized nearly $2.4 million and recovered about $14 million in fraudulent wire transfers.The arrests were made as part of a six-month investigation, dubbed Operation Wire Wire, th
Texas real estate pro Ben Caballero is making headlines again by topping his previous sales record in 2016 with a new world record of $1.9 billion in home sales in 2017, according to an announcement on Monday.Caballero sold 4,799 homes last year, which totaled $1.906 billion. Caballero is a real estate professional with HomesUSA.com in Addison, Texas. In 2016, his $1.444 billion in sales among 3,556 homes landed him the title as real estate’s
When is the best time to post?“When is the best time to post?” This is one of the most commonly asked questions a social media pro receives about social media.And I’m sorry to break this disappointing news. There is no “magic time” that will guarantee maximum visibility and engagement on a post, especially now that social media posts no longer show up in chronological order.That being said, there are best practices that will help you gr
A Tom Ferry ‘carefrontation’ on how to reach your full potentialI see incredible potential in so many people, you included. You’re very smart and extremely driven. But you often have a big obstacle holding you back.Namely, yourself! (If that hurt a bit, definitely keep reading.)The secret to unleashing the extremely wealthy, uber-successful person inside of you is overcoming three destructive traits. Keep reading for my three steps to setti
An Arkansas judge has dismissed a wrongful death lawsuit brought by the family of murdered real estate agent Beverly Carter against her brokerage, Crye-Leike. Carter’s husband and two sons filed the suit on Sept. 29, 2017—three days after the statute of limitations passed, Pulaski County Circuit Judge Tim Fox ruled.The lawsuit alleged that Crye-Leike had responsibility in Carter’s death, saying the brokerage failed its duty to properly tr
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