MBA lowers 2025 mortgage forecast for refinances

The Mortgage Bankers Association (MBA) has revised its previous 2025 mortgage forecast, raising its projection for purchase originations while trimming projections for refinances from its January forecast. Its updated forecast, released Feb. 19, put this year’s total origination volume at a projected $2.055 trillion, up slightly from January’s $2.052 trillion forecast. The MBA still forecasts […]

The BRRRR Formula Has Changed (It Still Makes You Rich)

Think the BRRRR method (buy, rehab, rent, refinance, repeat) is dead because of high interest rates and rising home prices? Think again. We’re doing BRRRR deals right now that are making us cash flow and serious equity while most investors sit on the sidelines. But how do we FIND these money-making BRRRR deals? We’re sharing […]

What is PMI and Do You Need to Pay it?

If you’re a first-time homebuyer you’ve surely been putting pencil to paper to estimate what your future mortgage payment, taxes, insurance, and maintenance will be on a new home. But there’s one expense that often catches buyers by surprise: private mortgage insurance (PMI). So, what exactly is PMI, and how does it affect your home […]

eXp Realty rides Clear Cooperation to international growth

Sanford said that eXp’s own operation in Egypt is being set up in conjunction with an eXp agent who works in the U.S. but is originally from Egypt. “These findings really helped him validate the value of an MLS with his Middle Eastern counterparts,” Sanford said of the data. “Internationally, things are generally where they […]

How Much Are Closing Costs for Sellers?

Closing costs aren’t just a buyer’s responsibility – sellers have their own expenses to consider as well. On average, sellers can expect to pay between 6% to 10% of the sale price in closing costs, including agent commissions, transfer taxes, and title fees. These expenses add up quickly and vary widely by location. For instance, […]

NAR, Phoenix Realtors settle dispute over three-way agreement

The deal eliminates PAR’s MLS Choice membership option that allowed agents to become members of PAR without becoming members of the Arizona Association of Realtors or NAR while also having access to the Arizona Regional MLS (ARMLS). In its place is “non-member MLS access” in which PAR will continue to offer ARMLS access to non-Realtors, […]

3 Housing Market Trends That Will Shape 2025

Which real estate trends could make you wealthier in 2025? Every year, it’s something new. A few years ago, it was short-term rentals, then mid-term rentals and multifamily investing took over. Now, the housing market has changed once again, and those same real estate investing trends aren’t so hot. So, what can you invest in […]