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Home Warranty 101

Home Warranty 101 Written By: Soroya LaMastra, First American Home Warranty Area Manager DFW and Member of CCAR’s Affiliate Committee.    Prevent Buyer’s Remorse with a Home Warranty Buying a home can be daunting, especially for first-time buyers. When the sale finally closes, home buyers may feel relieved and a bit anxious. Your clients have…

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Why Now is a Golden Opportunity for Homebuyers

Why Now is a Golden Opportunity for Homebuyers Written By: Crystal Parkinson, Utopia Mortgage LLC and member of CCAR’s Affiliate Committee If your clients are considering buying a home, they may be hesitant due to the current higher interest rates. However, waiting might not be the best course of action. In today’s market, there are…

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We all Want a Better Collin County: More About Propositions D and E

We all Want a Better Collin County: More About Propositions D and E Elections are here and we want to educate everyone on two propositions that can impact Collin County in great ways. As a reminder, early voting is happening now until this Friday, November 3, and Election Day is Tuesday, November 7. For more…

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Softening Home Prices Fueled September Home Sales

Softening Home Prices Fueled September Home Sales Collin County Area Realtors (CCAR) reports that softening home prices fueled home sales in September despite reduced inventory. Even with limited supply, sellers remained negotiable as homes took an average of 38 days to go under contract and sold for 96.5% of the original listing price. As a…

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Texas A&M Real Estate Research Center: Texas Residential Mortgage Industry Optimism Wanes Through Rising Rates

Texas A&M Real Estate Research Center: Texas Residential Mortgage Industry Optimism Wanes Through Rising Rates   Optimism waned in Texas’ residential mortgage industry amid higher interest rates, according to the latest Texas Residential Mortgage Survey (TRMS). General business activity corrected downward after improvements during the first half of the year, and challenges persist heading into…

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What is “Non-QM” Lending?

What is “Non-QM” Lending? Written By: Don Thomas, Sales Manager for Synergy One Lending and Member of CCAR’s Affiliate Committee Non-QM lending, also known as non-qualified mortgage lending, is a type of mortgage lending that does not meet the qualified mortgage (QM) standards set by the Consumer Financial Protection Bureau (CFPB). This type of lending…

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