About 885 million mortgage documents dating back to 2003 have been exposed by a data breach within First American Financial Corp., a title insurance provider, the KrebsOnSecurity news site reports.The breach exposed bank account numbers and statements, mortgage and tax records, Social Security numbers, wire transaction receipts, and drivers license images online, the security site reported.“On May 24th, First American learned of a design defect
iProcurrently deals throughout the states of California, Texas,Florida, and New York. We continue to strive and broadenopportunities for real estate professionals and consumers. Visit iprore.com for the latestinformation and links.Click here for information onbecoming a salesperson.
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Mortgage rates continue to decline while lowering borrowing costs for home buyers this spring.“Mortgage rates fell for the fourth consecutive week and continued the medium-term trend of lower rates since late 2018,” says Sam Khater, Freddie Mac’s chief economist. “The drop in mortgage rates is causing purchase demand to rise, and the mix of demand is skewing to the higher end as more affluent consumers are typically more responsive to dec
iProcurrently deals throughout the states of California, Texas,Florida, and New York. We continue to strive and broadenopportunities for real estate professionals and consumers. Visit iprore.com for the latestinformation and links.Click here for information onbecoming a salesperson.
Home shoppers are focusing their attention on outdoor spaces, but with yard sizes decreasing nationwide, how can you make a small backyard appealing to your buyers? A recent article at Apartment Therapy featured designers who showed off their best design tricks to make a small backyard feel less cramped.Add Seating “No matter how small your outdoor area, you’re going to want to create a sitting area or else you won’t take full advantage of
Sixty-five percent of households nationwide view buying a home in their ZIP code as a good financial investment, according to the Federal Reserve Bank of New York’s 2019 Survey of Consumer Housing Expectations. Nearly 72 percent of renters say they would prefer to own instead of rent—if they had the financial resources to do so, the survey found. Renters ages 50 and older were more likely than younger renters to say they prefer to be homeowne
Borrowing costs this year likely will be lower than originally predicted. Freddie Mac recently downgraded its forecast for the 30-year fixed-rate mortgage, projecting it will average 4.3% this year—below last year’s average of 4.5%. Further, Freddie economists predict only a small increase in rates in 2020, with the 30-year fixed-rate mortgage averaging 4.5% next year.The lower mortgage rates likely will be a boon for housing, Freddie Mac not
Many Americans are moving because they want more space, according to a new survey of 1,000 consumers from Porch.com, a home remodeling website. More than one in four—and millennials, in particular—say their chief motivator for moving is the desire a larger home. Porch.com found the top moving motivators among consumers:Desire for a larger home: 26%Desire to own, not rent: 19%Downsizing: 12%New job or job transfer: 11%Desire for a better neigh
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