Mortgage prepayments rise and delinquencies fall in April, Black Knight says

  • By Interstate Abstract
  • •
  • 22 May, 2019

The prepayment rate on first-lien U.S. mortgages rose 17% from March to 0.99%, bringing the three-month aggregate increase to 67%, the company said in its “First Look” report. Compared with the year-earlier month, April prepayments were up almost 18%.

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Existing home sales rise 2.5% in May

By Interstate Abstract • June 27, 2019

In May, existing home sales rose for the first time since March, according to the latest report from the National Association of Realtors.

Total existing home sales – completed transactions that include single-family homes, townhomes, condominiums and co-ops – climbed 2.5% from April to a seasonally adjusted rate of 5.34 million in May. Sales were 1.1% below May 2018’s rate..

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The Dos and Don'ts of Cleaning Patio Furniture

By Interstate Abstract • June 19, 2019

Unlike your living room set, patio furniture  can’t just sit around looking good and feeling comfy. It has to stand up to the elements, from torrential downpours to bird deposits. Though materials can range from durable exotic hardwoods to delicate wickers , all patio furniture requires routine cleaning. Using the wrong products or techniques, however, could damage your outdoor tables, chairs, and lounges. Follow these guidelines to get the job done quickly and correctly.

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Who wants to be a real estate agent? A peek inside a Real Estate Academy

By Interstate Abstract • June 12, 2019

The group of students was just large enough to avoid obligatory chatter, but small enough for a brave somebody to break the silence.

“Is anybody else nervous, or is it just me?” asked Edbrook Joseph.

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