The Urban Land Institute predicts there will be two major changes beginning in this new decade in our country that will affect the housing market. FULL STORY-> Once you’ve received a referral, gathered information, and ranked the lead, it’s time to pick up the phone. The following advice and scripts will help you at each step of the lead-conversion process. FULL STORY-> Freddie Mac today released the results of its Primary Mortgage Market Survey (PMMS)in which the 30-year fixed-rate mortgage (FRM) averaged 5.01 percent with an average 0.7 point for the week ending February 4, 2010, up from last week when it averaged 4.98 percent. Last year at this time, the 30-year FRM averaged 5.25 percent. FULL STORY-> You've probably heard that the Obama administration's budget sent to Congress last week emphasizes helping small businesses around the country. But you may not know that it also includes lots more potential financing opportunities for purchasers, owners and rehabbers of commercial real estate. FULL STORY-> The FHA announced tighter guidelines (January 20). Insurance premiums increased from 1.75 to 2.25 percent. Seller concessions are limited to 3 percent, down from 6 percent and new borrowers with a FICO score below 580 will need a 10 percent down payment instead of the 3.5 percent now required. GASP! We have a choice. We can choose to support what they are trying to do, or we can complain loudly and keep the buying public confused. FULL STORY-> It's not easy turning a potential foreclosure into a successful affordable mortgage modification -- from either side of the table. FULL STORY-> Peter L. Mosca shares an excerpt of his radio show interview conducted with Richard Juge, CCIM, 2010 President of the Institute, and President of RE/MAX Commercial Brokers, Inc. in Metairie, Louisiana and broker/owner of a RE/MAX office in Mandeville, Louisiana. FULL STORY-> Go e-PRO.
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