Real Estate News: Real Estate Investing Podcast

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New Appraisal Rules Could Mean Higher Costs for Homebuyers

New appraisal rules taking effect November 2nd could mean higher costs and longer closing times for homebuyers and real estate investors. Fannie Mae and Freddie Mac are rolling out a major overhaul of the appraisal process, but uneven adoption is creating challenges for lenders. Some borrowers could pay hundreds more in appraisal fees and face additional delays. Kathy Fettke explains what's changing, why some lenders have been granted extensions, and what buyers should know before financing a property.   Looking to purchase an investment property before the end of the year? RealWealth has pre-negotiated builder concessions, including mortgage rates as low as 3.25% in select markets. Schedule a free consultation with an investment counselor at www.RealWealth.com/Schedule.     Source: https://www.scotsmanguide.com/news/uad-3-6-appraisal-overhaul-puts-mortgage-borrowers-on-the-hook-for-higher-costs/

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  Fannie Mae Raises Mortgage Rate Forecast to 7.5% Through 2027

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  Scammers Impersonate Real Estate Agents in Email Fraud

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  D.R. Horton Turns to AI Robots to Build Homes

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  Housing Market Slows as Rent Growth Picks Up

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  Mortgage Rates Hit 7.4%, Highest Since 2023

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  New Homes Are Now Cheaper Than Existing Homes in Many Markets

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  U.S. Job Growth Slows Sharply in September

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  El Niño Could Test Housing Markets This Winter

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  84% of SFR Investors Say Insurance Costs Are Hurting Cash Flow

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  Mortgage Delinquencies Rise, but Distress Remains Low

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  Coming Soon MLS Listings May Help Homes Sell for More

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  More Renters Struggle to Pay for Housing

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  Mold Lawsuits Are Becoming a Major Risk for Apartment Owners

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  New Home Sales Jump 6.4% as Prices Fall

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  Will Mortgage Rates Hit 8% or Fall Back to 6%?