Private Social Network for Neighborhoods Facilitates Safety

Nextdoor, the free and private social network for neighborhoods, recently added an Urgent Alerts feature. This new alert system allows Nextdoor members to immediately notify neighbors of important, time-sensitive information in 110 characters or less via mobile phone text, as well as by email. Research has shown that social networks within a neighborhood can lower […]

15-Year Fixed-Rate Mortgage Hits New All-Time Record Low

Freddie Mac released the results of its Primary Mortgage Market Survey ® (PMMS®) yesterday, showing average fixed mortgage rates declining for the third consecutive week on the heels of a weaker than expected employment report. The 30-year fixed averaged just above its record low while the 15-year fixed averaged a new all-time record low of […]

Court Approves Historic 25 Billion Dollar Servicing Settlement

Last week, U.S. District Court Judge for the District of Columbia Rosemary Collyer signed documents to approve the $25 billion mortgage servicing settlement with the nation’s top five mortgage servicers: Bank of America, Wells Fargo, JPMorgan Chase, Citigroup and Ally Financial. “Yesterday’s court approval of the historic $25 billion mortgage servicing settlement is a victory […]

VIDEO: Jobs, Housing Top 2012 Voters’ Concerns


A recent survey suggests jobs and housing will be the top issues on voter’s minds in 2012. The National Association of Realtor’s consumer website asked consumers what issue area will most impact their vote in 2012. More than half of all respondents 54% identified jobs and unemployment as their top concern as they head […]

Mortgage Rates Continue Trend of Record-Breaking Lows


Freddie Mac recently released the results of its Primary Mortgage Market Survey®, showing mortgage rates easing to new all-time record lows for all products covered in the survey helping to keep homebuyer affordability high. The average for the 30-year fixed mortgage rate has been below 4.00 percent for six consecutive weeks. The survey concluded that […]

Home Sellers Fare Better in Getting Their Homes Sold Using a REALTOR, According to HomeGain Survey, an online real estate resource that connects home buyers and sellers with real estate professionals, announced the results of its For Sale By Owner (FSBO) vs. REALTOR survey. HomeGain surveyed over 1,000 homeowners asking whether they used a REALTOR to sell their home or whether they attempted to sell it themselves. Eighty-three percent said […]

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