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Fannie Mae title pilot could save homeowners up to $1,692 per refi

Housing Wire

In sum, our analysis shows Fannie Maes title insurance pilot will have a profound and long- lasting impact on closing costs, potentially eliminating a barrier that prevents many homeowners from pursuing a refinance or other financially beneficial transaction.

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From consultation to closing: The definitive homebuying checklist

Housing Wire

Ill share everything you need to keep the homebuying process running smoothly from your first meeting to closing and beyond. From choosing a property to navigating the closing process, youll need to do a deep dive into their wants, needs, and deal breakers. Think of this as building a roadmap for their homebuying journey.

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Black Friday deals on a new home? Here you go

Housing Wire

The Ohio-based builder is offering discounts of up to $20,000 on select homes in Greater Houston , along with no-cost 2/1 rate buydowns , and slashing prices by as much as $93,850 in other markets like Chicago. Chicago’s offerings include doorbuster deals on Quick Move-In homes, which reduce pricing up to $93,850 if the home closes this year.

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Don’t Forget to Budget for Closing Costs

Keeping Current Matters

Saving for a down payment is the main cost that comes to mind for many, but budgeting for the closing costs required to get a mortgage is just as important. What Are Closing Costs? According to Trulia : “ When you close on a home, a number of fees are due.

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Texas orders cut to title insurance premiums

Housing Wire

Texas insurance commissioner Cassie Browns office laid out what led to the move in a written order containing provisions analyzed by the Texas Land Title Association (TLTA) and the Texas Office of Public Insurance Counsel (OPIC). Every time a Texan buys a home, they will spend less on closing costs.

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Rules on closing costs, PACE loans on CFPB chopping block

Inman

In his first act as interim Consumer Financial Protection Bureau director, Treasury Secretary Scott Bessent froze action on all rules and litigation. Here's what that potentially means for the recent slate of rules and lawsuits targeting the mortgage industry.

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Is there a housing inventory ‘silver tsunami?’ Not where it’s needed

Housing Wire

Zillow research shows that housing shortages were the most severe in markets with more land use restrictions. As for the population-based concept of the silver tsunami, it appears to be alive and thriving.