by istm | Apr 26, 2024 | Blog
Mortgage Interest Rates Just Jumped Over 7.5%Inflation News Is Bad News For Home Buyers What just happened? Mortgage interest rates rose above 7.5% Thursday on the release of the PCE price index component of Q1 GDP. As Matt Graham of Mortgage News Daily reports;...
by istm | Apr 18, 2024 | Blog
Freddie Mac & Fannie Mae Commission Cap AnnouncementThe mortgage giants say commission concessions for buyer agents won’t count towards IPCs (allowable interested party contributions, or concession caps as they’re commonly known),. Freddie and Fannie are...
by istm | Mar 25, 2024 | Blog
What's Changing For DC Home BuyersBreaking down new commission practices and their effects The National Association of Realtors agreed last week to pay $418M and change key policies related to broker commissions to resolve multiple class-action lawsuits. The jury in...
by istm | Mar 14, 2024 | Blog
Investing In DC Real EstateFrom House Hacking To Multifamily DC investment strategies, from house-hacking, BRRRR, flipping, buy & hold to multifamily can help you build wealth and secure your financial future. Is DC Real Estate A Good Investment? Yes, Here's Why...
by istm | Mar 14, 2024 | Blog
Proposed 2024 FinCEN Rule For Cash TransactionsThe proposed rule affects certain entities and trusts On February 16, 2024, the Financial Crimes Enforcement Network (FinCEN) issued a Notice of Proposed Rulemaking titled Anti-Money Laundering Regulations for Residential...
by istm | Mar 11, 2024 | Blog
It's Time, DC BuyersTiming is key to opportunity, and the time is now. Have You Looked At The latest DC Market Data? Prices are down across the board, days on market are up, and so’s inventory. How much better do you think the market is going to get before the...
by ISTMagents | Feb 21, 2024 | Blog
The Word On The StreetHopes for early 2024 interest rate cuts fade with January data releases Reports vs Expectations “The housing market matters, if for no other reason than it’s the primary source of U.S. household wealth, regardless of income or status....
by Susan Isaacs | Jan 1, 2024 | Blog
2024 CONFORMING LOAN LIMITS | MORTGAGES Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with origination balances below a specific amount, known as the “conforming loan limit” (CLL) value. Loans above this limit are termed...
