Today’s News Synopsis:
Can you profit from a record low 10-Year Treasury Note? The Mortgage Bankers Association reported mortgage applications increased 15.1% from last week. How can you have a good credit score to buy a home?
In The News:
CoreLogic – “Is the Yield Curve Slope a Leading Indicator of the Housing Market” (3-4-2020)
“For everyday Americans, there’s some good news to the coronavirus fears that are driving investors to safe-haven investments like Treasurys.”
CNBC – “How you can profit from the record low 10-year Treasury yield” (3-4-2020)
“Commercial and multifamily mortgage delinquencies remained low in the fourth quarter of 2019, according to the Mortgage Bankers Association’s (MBA) latest Commercial/Multifamily Delinquency Report.”
Forbes – “These Are The Best Cities In The World For Well Being” (3-4-2020)
“We live in an era where people no longer flock to cities that will make them rich. They go to those that will make them feel ‘well.'”
Zillow – “Fixer-Upper Effect Lingers: Buyers Pay 10 Percent More for Modern Farmhouses” (3-4-2020)
“From television trend to real estate spend – homes with shiplap, barndoors and farmhouse sinks sell for more and sell faster than expected.”
Mortgage Bankers Association – “Mortgage Applications Increase in Latest MBA Weekly Survey” (3-4-2020)
“Mortgage applications increased 15.1 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending February 28, 2020.”
Real Clear Policy – “Tech Savvy Crooks Look to Separate House Hunters from Their Money” (3-4-2020)
“As we approach peak house hunting season, homebuyers may have a few items on their checklist.”
CNBC – “Weekly mortgage refinances spike 26% as interest rates tank on coronavirus fears” (3-4-2020)
“A sharp drop in mortgage interest rates had borrowers rushing to their lenders last week.”
Realtor.com – “What Is a Good Credit Score to Buy a House (And How to Get One)” (3-4-2020)
“What is a good credit score to buy a house? This may come as a surprise, but you don’t need a perfect credit score to buy a home or get a mortgage.”
Redfin – “The Housing Market Feels the First Effects of the Coronavirus; Redfin Now Offers On-Demand Virtual Home Tours” (3-4-2020)
“Until Sunday, U.S. housing demand seemed unaffected by the coronavirus. The National Association of Realtors reported last week that pending home sales were at the second-highest level in the last two years.”
California Real Estate Investor Events
Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with NorcalREIA on Wednesday, March 11.
Bruce and Aaron Norris will be presenting their latest Florida Buying Bootcamp 2020 Thursday-Friday, March 19-20.
Bruce Norris will be presenting his newest talk 6 Things To Succeed In 2020 with IVAR on Wednesday, April 1.
Looking Back:
Don’t let those Hollywood-style special effects fool you on some of those property-listing photos. Construction spending increased by the least amount in seven years in 2018 according to the Commerce Department, having increased only 4.1%. The first rent-control law to be enacted by a state was just done by Oregon.
More on Hard Money Loans
- Florida hard money loans or call (407) 706-9700
- California hard money loans or call (951) 780-5856
Information on Note Investing
- Florida mortgage investing or call (407) 706-9700
- California trust deed investing call (951) 780-5856
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- Free access to our web portal for real estate investors
