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Your first tuesday real estate news
Week of October 21, 2019

Change the law: Phase in a Qualified Residential Mortgage requirement for a 20% down payment
first tuesday proposes to phase in a graduated down payment requirement for the qualified residential mortgage.

Law change helps solar homeowners rebuild after a disaster
Eligible homeowners in disaster areas may skip new PV requirements when rebuilding or repairing solar systems.

DBO Bulletin Digest, October 2019
This month’s DBO Bulletin Digest features an investment fraud case, public bank law and a cannabis banking guidance.

Recent Case Decision: Barnes v. Chase Home Finance
May an owner rescind a mortgage on a residential property awarded to them in a divorce proceeding when the mortgage was obtained to reacquire title they previously held?

Current market rates
The average 30-year fixed rate mortgage rose slightly to 3.74% in the week ending October 18, 2019.

Form udpates  form updates this month

No form updates this month.


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