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topStories Tuesday, January 10, 2017
     
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Follow These Tips Before Hiring a Contractor
FHA again Reduces Mortgage Insurance Premiums, Lowering Costs for 1 Million Households
Annual mortgage insurance premiums for Federal Housing Administration (FHA)-backed mortgages are lowering toward their pre-bust level, with FHA announcing on Monday another reduction, this time to 0.60 percent for most borrowers. The one-quarter point reduction is expected to save FHA-insured borrowers with a closing date on or after Jan. 27, 2017 an average $500 this year. "After four straight years of growth and with sufficient reserves on hand to meet future claimes, it's time for FHA to pass along some modest savings to working families," said U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro in a statement. ...
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articles
NAR Power Broker Roundtable: A New Administration – How Will It Impact Real Estate?
Discussing the new administration and its impact on the real estate industry in this month's Power Broker Roundtable... READ MORE >
Ask the Expert: What Areas Should I Focus on to Start the New Year?
Today's Ask the Expert column features John Wendorff, chief encouragement officer for The Personal Marketing Company. Q: What four areas should I focus on to ensure... READ MORE >
Sudden Surge in Mortgage Rates Tempers Housing Sentiment
Overall attitudes toward housing varied at the close of 2016, with more believing now is a good time to buy a home, but less believing mortgage rates will fall in the year... READ MORE >
Top 'Safe' Cities: More Than Just Low Crime
The nation's safest cities have much in common: sustainable employment, top-of-the-line schools, and an overall higher quality of living. Those attributes are a direct result of... READ MORE >

Homespun
Reverse Mortgages: 7 Common Misconceptions
(TNS)—Federal Housing Administration-backed home equity conversion mortgages, or HECMs, are accessible to homeowners 62 and older. These reverse mortgage loans allow older Americans to tap into a portion of their equity to help supplement retirement income.
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articles
Berkshire Hathaway HomeServices Launches NYC Presence with Madison Ave. Location

Better Homes and Gardens Real Estate Bolsters New Jersey Presence

Texas Team Affiliates with Century 21 Real Estate

Engel & Volkers New Orleans Opens Second Location

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