What Lenders Are Looking for: The 4 C's

Low mortgage rates are helping to bring home ownership within reach for some borrowers. But qualifying for a mortgage remains a big challenge for many, as tight underwriting standards persist in the wake of the financial crisis.

Christina Boyle, a senior vice president of single-family sales and relationship management for Freddie Mac, explains how your clients can be better prepared to qualify. Boyle writes at the mortgage giant’s website about the four C’s that lenders are evaluating when deciding whether to grant a borrower a loan. They are:

Ways To Help Central Texas Flood Victims

The severe storms and flooding this weekend have left many of our Central Texas neighbors suffering severely … our heartfelt prayers and wishes to all those experiencing loss and damage.

If you want to help, the link below from contains several organizations that are available to you. Whether you are looking to drop off items, donate funds, volunteer to help the flood victims or address the needs of the animals, you’ll find many options here.

Should Retirees Remodel or Relocate?

The decision on whether to renovate or relocate in retirement can be complex and emotional. A recent report revealed that as people edge towards retirement age, the more they value the emotional connection to their home rather than the financial value.

Tech hiring pushes Austin jobless rate to lowest point since 2001....

Austin's unadjusted unemployment rate has dropped yet again, falling to 3 percent in April, according to the latest data from the Texas Workforce Commission.

The surge in hiring by local companies of workers moving to the area from other cities is pushing the rate lower. The unemployment rate was 3.3 percent in March. The April figure is the lowest in the Austin region since January 2001.

The 15 Worst Restaurant Decisions You Can Make In Austin!

Saw this article about bad restaurant decisions in Austin and whether you like P. Terry’s or Hopdoddy, Homeslice or Gourdough’s, Chi-Lantro’s or Alamo Drafthouse. They’re all mentioned in this “No-No” list from Thrillist!

Do Listings That Reveal Energy Costs Sell for More?

Listings that disclose energy costs have a higher close rate, spend less time on the market, and sell at a higher percentage of the asking price than comparable homes that do not disclose such information, according to an analysis by Elevate Energy of homes for-sale in the Chicago area.

Austin home prices jump $20,000 in 30 days....

Here’s a sobering statistic: The median home price in Austin jumped $20,000 in 30 days.

Big Changes Coming To The Home Buying Process In August - Delay's Ahead!

Big changes coming to the home closing process that could slow your move-in date down by 15 days or so!

I'm sure you've heard of Dodd-Frank?! Well the home buying process is now seeing the benefit of the legal changes being implemented by the Goverment's Consumer Finance Protection Bureau.

Landlords Say They're Raising Prices Again

CEOs of the largest companies renting out single-family homes say they plan to raise rents up to 5.7 percent this year. Investors are switching their focus from buying properties to optimizing the revenue from the thousands of properties they bought, taking advantage of the increased demand for rental homes, Bloomberg reports.

Huge retail and mixed-use project in store for far southwest Austin....

A huge mixed-use development is planned on U.S. Highway 290 in far Southwest Austin adjacent to the Belterra master-planned community.

The proposed 275,000-square-foot retail, office and residential project will be a collaboration of Crescent Communities and Endeavor Real Estate Group.