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At B & J APPRAISALS, INC. we keep up with the latest real estate news from feeds like the one below. Feel free to call us at 914-654-8849 when you need a local expert.
News from Appraisal Scoop:
 
Real Estate Appraisers Optimistic About Future: Appraisal Institute Survey
7/21/2013 6:51 AM
CHICAGO (July 17, 2013) – More than three-fourths of U.S. real estate appraisers are very or somewhat positive about the demand for their services over the next one to two years, according to an Appraisal Institute survey released today. Eighty... Read More
 
Solidifi successfully launches EXTRAordinary Appraiser Program to the mortgage industry
7/21/2013 6:51 AM
BUFFALO, N.Y., July 11, 2013 -- /PRNewswire/ -- Solidifi, the country"s third largest independent provider of residential real estate appraisals and appraisal service provider of choice for 50% of the top 50 lenders in the U.S., turned the spotlight on... Read More
 
Agencies Issue Proposed Rule to Exempt Subset of Higher-Priced Mortgage Loans from Appraisal Requirements
7/21/2013 6:51 AM
WASHINGTON— Six federal financial regulatory agencies today issued a proposed rule that would create exemptions from certain appraisal requirements for a subset of higher-priced mortgage loans. The proposed exemptions are intended to save borrowers time and money and to promote... Read More
 
Senate Bill to Abolish Fannie and Freddie Hits the Floor
7/21/2013 6:51 AM
A bill to abolish the two government sponsored enterprises (GSEs) Freddie Mac and Fannie Mae will finally be introduced today after months of preparation. Although not widely believed to be passable in its current form, any iteration is likely to... Read More
 
The appraisal profession - Looking ahead, the current system needs some enhancements
7/21/2013 6:51 AM
GUEST AUTHOR: William Pastuszek, MAI, SRA, MRA heads Shepherd Associates, Newton, Mass - See more at: New England Real Estate Journal Network. Do you remember how you became an appraiser? Did you have a friend in the business? A mentor?... Read More
 
10 Tips for Brokers to Help the Appraisal Process - Appraisal Insight Blog
7/21/2013 6:51 AM
REPRINTED FROM APPRAISAL INSIGHT BLOG - AUTHOR: Vic Knight has been a licensed real estate broker in North Carolina since 1984. He"s also a Certified General Appraiser in the state and is past president of the North Carolina Association of... Read More
 
Market Challenges - Adopting an Offensive Playbook
7/21/2013 6:51 AM
GUEST POST: Sally Carothers, SRA, FRICS, Chief Appraiser, CU Appraisal Services, LLC. Founding board member of the Ohio Coalition of Appraisal Professionals (OCAP) As we move towards the middle of 2013, there are there are several key economic indicators to... Read More
 
Stiffed Appraisers Go After Chase - Working RE Magazine
7/21/2013 6:51 AM
Guest Author Isaac Peck is the Associate Editor of Working RE Magazine and Marketing Coordinator at OREP.org, a leading provider of E&O insurance for appraisers, inspectors, and other real estate professionals in 49 states. He received his Bachelors in Business... Read More
 
Appraisal Institute: How Landscaping Can Impact Home Values
7/21/2013 6:51 AM
Source: Posted By susanne On May 19, 2013 @ 1:06 PM In Business Outlook,Real Estate Information,Real Estate News,Real Estate Trends,Today"s Top Story The Appraisal Institute recently advised homeowners to properly maintain their landscaping, which can significantly affect property values. “If... Read More
 
U.S. Senate Candidate FINALLY Pays 2005 Residential Appraisal Fee
7/21/2013 6:51 AM
Mass. GOP Senate candidate pays 2005 appraisal fee by Steve LeBlanc Associated Press / May 16, 2013 BOSTON (AP) — Republican U.S. Senate candidate Gabriel Gomez said he has paid an eight-year-old, $1,000 bill for an appraisal on his Cohasset... Read More




News from Appraisal Scoop:
 
FHFA Drops a Bomb; Your Refi Just Got Much More Expensive!
8/12/2020 8:04 PM
In what can only be described as a cash grab, Fannie and Freddie"s regulator just announced a new tax on refinances.  Granted, it"s not technically a tax, and it wasn"t probably even intended to hit the pocketbooks of the American homeowner, but that"s unfortunately exactly what it will do.  Let"s break it down... ...Read More
 
Mortgage Rates Move Higher Again, And They Might Not Be Done
8/12/2020 3:56 PM
Mortgage rates jumped yesterday at the fastest pace in more than 2 months.  While that isn"t necessarily the end of the world when a 30yr fixed can still be had in the high 2% range, it wasn"t fun for those with loans in process.  Today wasn"t great either.  While the pace of upward mo...Read More
 
Biggest Jump in 2 Months For Mortgage Rates
8/11/2020 4:10 PM
With most lenders still easily able to quote a 30yr fixed under 3%, mortgage rates are very low in outright terms.  But relative to the recent trend and the general level of volatility, today was a bit rough.  Rates rose as fast as they"ve risen since early June, ultimately hitting the...Read More
 
The Rate Also Rises
8/7/2020 5:24 PM
Years from now when scientists examine mortgage rates in July 2020, they"d be forgiven for coming to the conclusion that rates only ever move lower. As we"ve learned in the first week of August, rates also rise.  To be fair, there were a few days in July where more than a few lenders moved slightly higher in rate, but it really wasn...Read More
 
Most Mortgage Rate Headlines Are Wrong Today
8/6/2020 4:05 PM
There are quite a few more new stories than normal about mortgage rates today.  Most of them are wrong.  This one is not, and it"s pretty easy to see why. Freddie Mac releases its weekly mortgage rate survey every Thursday morning.  The survey accepts responses from Monday throug...Read More
 
Rates End 6-Day Streak at Record Lows
8/5/2020 4:18 PM
Mortgage rates cooled off today, rising for the first time since July 27th for the average lender.  Between now and then we"ve seen a string of what have mostly been new record lows with top tier 30yr fixed offerings well under 3%.  For more on what constitutes a "top tier scenario," check ...Read More
 
New Mortgage Rate Record; What Is a "Top Tier" Scenario?
8/4/2020 3:51 PM
Mortgage rates are on a tear, with the average lender easily hitting new all-time lows today.  How low is that?  At this point it"s safe to say that anything over 3% is too high as long as we"re talking about a top tier scenario.  So let"s take a moment to discuss what might separate one scen...Read More
 
Should You Wait For Lower Rates?
7/31/2020 4:09 PM
Mortgage rates have fallen more aggressively than ever and they"ve been remarkably willing to set record after record. So is there any reason you shouldn"t wait for them to go even lower? This is an age old question any time rates fall to long-term lows.  In the past, the answer has been pretty easy...Read More
 
Mortgage Rates Fall Nicely, But The Going Gets Tougher From Here
7/29/2020 3:34 PM
Mortgage rates improved nicely overnight.  The average lender"s morning rates were very close to the lowest levels ever.  This was a distinct possibility based on yesterday afternoon"s bond market movement.   Mortgage rates are most directly influenced by mortgage-backed b...Read More
 
Mortgage Rates Mixed, Depending on Lender
7/28/2020 4:05 PM
Mortgage rates did something over the past 3 days that they haven"t done since early June.  They moved sideways to slightly higher!  At the same time, interest rates in the broader bond market have been flashing a warning that the past 6 weeks of improvement might be meeting some res...Read More




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