Will Toronto surpass New York as high-rise capital of North America



High-rises have long been considered the mark of a city and even a country that’s economically prosperous. These tall buildings shape the skyline, represent the best in living and office space, and make the densest urban areas in the world possible. Of the top 20 cities with the most high-rise buildings, six of them are […]

Quicken Loans ranked as top mortgage originator again



Borrowers say they’re slightly less satisfied with their mortgage originators, and it seems that too much technology might be to blame for it, according to a new study from J.D. Power. The newly published J.D. Power 2019 U.S. Primary Mortgage Origination Satisfaction Study shows that lenders have been increasingly adding new self-service features to their […]

Risky unconventional loans unlikely to cause another recession, economists say



Unconventional mortgages are on the rise, reaching their highest level in 2018 since the days of the Great Recession back in 2008. But these types of mortgages, which include subprime loans for borrowers with blemished credit records, are not going to cause a repeat of that economic crisis, experts say. While these more risky loans […]

What You Need to Know About a Mortgage Forbearance



A mortgage forbearance is not a good thing. For many people facing this dilemma, it can be the first step before foreclosure begins. Probably the most important two things you want to do as you face this prospect are 1) educate yourself about your options and 2) think long term. A mortgage forbearance is NOT […]

Study: Down payment assistance doesn’t mean a higher chance of defaulting



Common wisdom has it that home buyers who rely on down payment assistance are more likely to default on their mortgage repayments, but a new study has debunked that theory. The study, by the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, found that buyers who receive financial assistance with […]

Minor Home Improvement Projects Can Provide Major Returns



Home Improvement projects are a great way to increase the value of your home. Especially if you are getting ready to sell your home.  Granted, some remodeling projects can cost a fortune and take a lot of time to complete. Major projects like, finishing an unfinished basement or building an addition to your home are […]

La Crosse Insulation How it Can Boost Your Property’s Value



Insulation provides heat flow resistance for your home and lowers cooling and heating costs. This is done by utilizing materials that slow both convective and conductive heat flow. Proper insulation of your home decreases the flow of heat by providing an efficient heat flow resistance. A frequently asked question is if insulation improves the value […]

The Importance of Drafting In The Real Estate Industry



Drafting, also known as technical drawing, is the discipline or act of visually communicating the way you construct something. It’s essential to communicate ideas in engineering and other fields. In real estate, drafting gives customers and potential buyers all the necessary information that they need to know before making a decision. Professional drafting services, like […]

Fannie and Freddie introduce new standard mortgage application form



Fannie Mae and Freddie Mac say their redesigned mortgage application form came into effect last week. The new form removes certain questions over applicant’s language preferences and housing counseling information. The Uniform Residential Loan Application is a standardized form that needs to be completed by most borrowers when they apply for a mortgage. Last weeks’ […]

Unconventional loans grow in popularity



With home prices on the rise, a growing number of buyers are turning to unconventional types of loans to finance their purchases, especially in some western southern markets. Unconventional financing now accounts for around 28% of the new home build market, according to a new analysis of U.S. Census Bureau data by the National Association […]