Matterport Acquires VHT Studios

Matterport Acquires VHT Studios

The real estate digital marketing leaders will offer photography, drone imagery, floor plans, virtual tours and more on a single platform. CHICAGO – Two of the best-known companies in real estate photography have united, with 3D tech innovator Matterport announcing...
Good Renters May Qualify for Mortgages Sunday

Good Renters May Qualify for Mortgages Sunday

By Jeff Lazerson On July 10, renters who pay on time can get a home-buying boost even if they have thin credit scores – a big benefit for first-time buyers in underserved communities. PASADENA, Calif. – For years, many renters have struggled to qualify for a loan,...
FHA Will Ignore COVID-Era Employment Lapse

FHA Will Ignore COVID-Era Employment Lapse

By Kerry Smith By Sept. 5, lenders must update guidelines to make it easier for salaried/hourly workers and self-employed people to qualify for a loan if they lost work during the pandemic. WASHINGTON – On Thursday, the Federal Housing Administration (FHA) announced...
Hardest Place to Rent? Fla. and the Northeast

Hardest Place to Rent? Fla. and the Northeast

Study: Miami-Dade saw the fiercest renter competition in the first four months of 2022, with Orlando (2), Southwest Fla. (3) and Broward (10) also in the top 10. NEW YORK – Florida and the Northeast are the most competitive markets for renters in the United States,...
ARMs: Buyer Loan Option Tainted by Great Recession

ARMs: Buyer Loan Option Tainted by Great Recession

By Kerry Smith Zero-down, interest-only adjustable-rate mortgages (ARMs) played a role in the last recession, but today’s options are safe if buyers understand the pros and cons. WASHINGTON – A fixed-rate mortgage (FRM) holds the same interest rate for the life of the...