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Midwest Top Producers see first-time home buyers as key to success

People on the move: Aug. 25 Manhattan home resales drop as tax overhaul sidelines buyers Apprehensions last month fell by at least 25%, down from a high of 144,000 in May. Garcia said another factor could be the.

The last time the National Association of Realtors posted their numbers, 38% of buyers were first-time home buyers and 19% were investors. By the way, that’s more than half the market. Astonishingly, going back to October 2008, these two groups average 59% of the market! Don’t miss out. Start using seminars to market yourself as the expert.

Rising rates stifle mortgage application volume “Competing factors have kept mortgage rates from rising in the recent weeks. The market composite index – a measure of total loan application volume – increased 2.5 percent from a week earlier. The.Refi mortgage application share rises above 50% Refinance 101 – Basics to Refinancing – Discover – Tip: Many lenders will tell you that rates must drop by at least 50 basis points (0.50%) for refinancing of the same loan term to make financial sense, but this threshold is different for everybody. The most important factor in your decision should be how long it takes to recoup the costs to refinance.

NEW YORK (CNNMoney.com) — Existing home sales soared in April as home buyers scrambled to claim the tax credit that expired at the end of the month, according to a real estate industry report.

12 First-Time home buyer mistakes and How to Avoid Them First-time home buyers are prone to missteps, such as getting just one rate quote. Here are some common errors and how to steer clear of them.

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First-time buyers accounted for 35 percent of all home buyers based on data from NAR’s 2016 Profile of Home Buyers and Sellers (HBS), up from 32 percent in 2016. The HBS is a survey of primary residence home buyers and does not capture investor purchases but does cover both existing and new home sales.

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Here are 30 must read real estate quotes from top producers: 1. "Buyers decide in the first eight seconds of seeing a home if they’re interested in buying it. Get out of your car, walk in their shoes and see what they see within the first eight seconds.".

First-Time Home Buyer Programs by State. Down payment and closing cost assistance, special loans with reduced interest rates, and much more are available to first-timers.

Pending home sales fell by more than expected in February After reporting U.S. new home sales at their highest level in over four years in the previous month, the Commerce Department released a report on Tuesday showing that new home sales pulled back by more than expected in the month of February.

13 Biggest Home Buying Mistakes If you want to know what the top producers are doing then tune in as that’s exactly what we’ll be discussing on this episode of Loan Officer Freedom, the #1 podcast for Loan Officers. We have come to see that regardless of you being a Mortgage Broker or a Mortgage Banker, a brand new loan officer or an experienced veteran in the industry.

As a first-time home buyer, you’re probably accustomed to the monthly cost of renting, which usually includes your rent payment, some of the utilities, and your internet and cable bills. As a homeowner, you’ll be responsible for additional monthly costs that may have been covered by your landlord.