Castle Realty Team PatRick

Can a quitclaim deed remove someone from a mortgage? A quitclaim deed transfers ownership interest in a property, but it does not remove a borrower from the mortgage loan. That can create problems after divorce if the person later tries to qualify for a new mortgage. Question: My ex and I divorced last year, and she kept the house. I signed a quitclai...

Strong jobs report adds to rate discussion Employers added more jobs than expected in May, a sign of labor market strength that could keep mortgage rates in focus for buyers and sellers. Stronger-than-expected hiring in May points to a resilient labor market, but it could also keep mortgage affordability in focus if the Federal Reserve sees....

Sellers face higher costs, delays on pre-listing renovations Industry professionals said highly personalized upgrades and DIY projects often fail to deliver the resale boost sellers expect and may delay a home from reaching the market. With rising costs, labor shortages and project delays, pre-listing renovations are becoming more complicated for home sellers...