Realtors®, Real Estate Brokers, Buyers and Sellers are targets for wire fraud and many have lost hundreds of thousands of dollars because they simply relied on the wire instructions received via email.
A hacker will break into a licensee’s email account to obtain information about upcoming real estate transactions. After monitoring the account to determine the likely timing of a close, the hacker will send an email to the buyer, posing either as the escrow agent or as the licensee. The fraudulent email will contain new wiring instructions or routing information, and will request that the Buyer send funds accordingly.
>> Learn how to be WireSafe
How to Finance a Detached Structure - CNET
...unlikely a cash-out refi is advantageous for most homeowners right now.
"Overall, mortgage rates have gone up significantly, which can make any kind of refinance less attractive and less beneficial...
Average American debt 2021
...decrease. As interest rates increase, Americans may wait to see how the housing market reacts before relying on their home equity to fund projects or major renovations.
Mortgage Rates Inch Closer to 7%
...Home buying is 12% more expensive than just a month ago. Fast-rising mortgage rates—up one percentage point in September alone—have added an extra $250 more onto monthly mortgage payments over...
Americans Now Paying 15% More On Mortgage Payments Compared To Last Month As Rates Surge
...asking price home was $1,698.
The rise is largely due to mortgage rates surging as the Federal Reserve hikes interest rates: The 30-year fixed mortgage rate hit 6.7% Thursday, a 16-year-high...
Think mortgage rates are high now? Homebuyers in the 1980s were paying 19%
Housing Markets That Still Remain Sellers’ Strongholds
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The housing market has changed considerably in recent months as higher mortgage rates, rising inflation and economic uncertainty...
Mortgages for seniors: What to know before getting a home loan in retirement
While mortgage rates have been increasing, retirees and seniors may still want to downsize, buy a vacation home, or tap their home equity to boost cash reserves, pay off debt or remodel...
Dow Drops 500 Points, Markets Sink Following Flurry Of Worrisome Economic Data
...pursue further interest rate hikes, while several other economic indicators, including surging mortgage rates, a declining U.S. economy and the British government digging into its controversial...
Mortgage rates rise again with markets in turmoil
Mortgage rates shot up another 41 basis points for the week ended Sept. 29, according to Freddie Mac, as the benchmark 10-year Treasury yield tested the 4% mark and the mortgage-backed...
What is a seller net sheet?
ESTIMATED SELLING COSTS
POLICY OF TITLE INSURANCE (based on home price)
TITLE AGENT FEES