Any affiliate links to products on this page are from partners who pay us a commission (see our advertiser disclosure and partner list for more information), but our opinions are our own. Find out how we rate mortgages and write an unbiased product review. For first-time homebuyers and borrowers with low credit scores or low incomes, FHA mortgages offer an affordable way to buy a home. Check out the latest FHA interest rates to see how much you could save on your monthly mortgage payment with one of these loans.Current FHA Mortgage RatesThe average 30-year FHA interest rate in May…
Author: Private Lending Agent
The adoption of AI is booming across all sectors, and the real estate industry is no exception. According to a January 2024 market intelligence report, the AI market in real estate is expected to be valued at $164.96 billion in 2023, reaching $226.71 billion by the end of 2024 and $731.59 billion by 2028. The report noted that machine learning, natural language processing, and computer vision are the most widely used AI techniques in the sector. Additionally, a Delta Media Group study found that 75% of U.S. real estate agents surveyed have adopted AI. The study, released in January, found…
Wells Fargo Savings Rates The best savings accounts act as a place to earn interest on money you don't need to access often, but also give you the ability to withdraw it quickly when you need it. The amount you earn on both the balance and the interest accrued over a year is called the Annual Percentage Yield (APY). Wells Fargo savings accounts offer a variety of interest rates that are compounded daily and paid monthly. The two main accounts are the Wells Fargo Way2Save Savings Account and the Wells Fargo Platinum Savings Account. Both accounts can be opened online…
Bank of America savings accounts start at 0.01% annual percentage yield (APY), a low rate by any standards — lower than other major banks and significantly lower than the best high-yield savings accounts. Bank of America does offer a rewards program that can help boost your APY, but it's only a small amount: To qualify for the Preferred Rewards program, you must have a linked personal checking account with Bank of America and a combined balance of at least $20,000 in your BofA banking and investment accounts. The program has four levels, each with a different corresponding APY. Gold: This…
The real estate sector is evolving as investors seek yield and users of real estate assets re-evaluate how they interact with the built environment. The composition of real estate portfolios is also changing, with increasing investor interest in what were previously considered niche asset classes, such as infrastructure and student housing. Many of the emerging asset classes are complex and operationally intensive, which is impacting return expectations, investor reporting obligations and staffing requirements of investment vehicles. According to MSCI, global transaction volume for income real estate in the first quarter of 2024 was $130.2 billion, down 19% year over year.…
Real estate agents deal with a huge variety of buyers. Every home buyer is different, and while there's no book or course that teaches you to say certain things, it's strange how so many different people say similar things during the home buying process. What's even more interesting is that many of the things they said they ended up regretting or doing a complete 180-degree turnaround over time… Here are the top five “famous last words” agents often hear from buyers: 1) “I know how much I can afford to pay…” Some buyers get annoyed when real estate agents ask…
The Federal Reserve left interest rates unchanged at its most recent meeting and is expected to cut rates just once this year. Housing costs have remained high as the Federal Reserve has been raising interest rates, preventing many people from buying a home despite high mortgage rates. Some lawmakers, including Sens. Elizabeth Warren of Massachusetts and John Hickenlooper of Colorado, have urged the Fed to lower interest rates, citing the impact interest rates have on housing costs and auto insurance premiums. Consumer prices rose 3.3% year over year, an unexpectedly low figure, but inflation is still too high for the…
Any affiliate links to products on this page are from partners who pay us a commission (see our advertiser disclosure in our list of partners for more information), but our opinions are our own. Find out how we rate student loans and write an unbiased product review.Student loans can help bridge the gap between the total cost of attending college and the amount of scholarship money a school offers. There are two types of student loans: federal loans, which have benefits and fixed interest rates available to all borrowers, and private loans, which have variable interest rates and terms.In most…
Any affiliate links to products on this page are from partners who pay us compensation and terms apply to the offers mentioned (see our advertiser disclosure in our partner listings for more information), but our opinions are our own. Find out how we rate products and services to help you make smart decisions with your money. The overall average interest rate for personal loans remains the same as last week at 21.14%. Personal loans can be used to pay for everything from weddings to home improvements to dental work to income taxes. But most borrowers use personal loans to consolidate…
Independent research firm recognizes JPAR Affiliate Network as top franchise with culture of excellence based on feedback from over 36,000 franchise owners PLANO, TX – June 18, 2024: Leading real estate brand JPAR® announced today that it has been named to Franchise Business Review’s fifth annual “Culture100” list, showcasing the top 100 franchise brands in 2024 known for their culture of excellence. The JPAR Affiliate Network excels in providing comprehensive support and innovative resources to its affiliated brokers and agents. Through strategic partnerships, cutting-edge technology, and extensive resources, JPAR fosters a vibrant and efficient community of real estate brokers and…