Founding Partner Stewart Hunter delivers a quick market update, including the $2 Trillion bailout package, shelter in place, and Benchmark's own market and operation status.
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Category: Real Estate Market
How to be a Real Estate Pro In Times of Uncertainty: Understanding Market Issues
Your knowledge, leadership, and ability to adapt quickly are all being tested. Master these tips to surge to the top of your client's minds when they go to recommend an expert. Here is Part 1 of our Client First video series: Understanding Market Issues.
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New appraisal and origination requirement changes announced due to COVID-19
Special measures have been taken to help account for challenges facing the real estate market due to COVID-19. Here are the temporary flexibilities in place to facility the continuation of transactions for buyers.
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Benchmark’s Express Hybrid E-Closing
As social distancing sweeps the nation, Benchmark offers our clients Hybrid E-Closes where you can sign up to 70% of your documents remotely! Watch the video to learn more.
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How to be a Real Estate Pro In Times of Uncertainty: Intro
How to be the professional that clients need during times of uncertainty. This is the introductory video to a series aimed at helping empower you to be a force for good in your market. When uncertainty abounds, be the voice of calm confidence.
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Market Update for March 17th
COVID-19, the Federal Reserve cuts rates, and Rate locks now good for 60 days. A lot is going on in the housing market and the country as a whole. Let's dive in, and see how this could affect you and your mortgage.
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2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?
In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.
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2018 Homeownership Profiles: Millennial Buyers
In 2017, Australian millionaire Tim Gurner famously attempted to blame millennial homebuyer obstacles on their inability to avoid frivolous spending on $19 avocado toast, in comments that were widely mocked throughout the internet. Many commentators are still quick to point the finger at extravagant spending to explain why homeownership among younger adults has declined compared …
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Mortgage Applications Rise 4.1% According to Most Recent Data
The Mortgage Bankers Association reported a 4.1% increase in mortgage applications from the prior week. Steve Remington, Benchmark’s Chief Operations Officer, noted that the increase in applications could be a consumer response to the recent trend in the market, indicating a shift from the prolonged period of low interest rates. “Mortgage Bankers Association Data indicates …
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Conforming Loan Limits Set To Increase For 2018
Last year, the conforming loan limit was set to increased to $424,100 for this year (2017). Now, most of the United States will see an increase for single unit properties to $453,100 for 2018. The HERA (Housing and Economic Recovery Act) indicates that the baseline conforming loan limit should be adjusted with the change in …
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