Luba Osovets Realtor in Virginia

Happy Memorial Day!

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EveryONE Matters, EveryONE has a Voice ❤️🖤💛 www.realtyONEgroupCapital.com #realtyonegroup #ROGcapital #unbrokerage #winatone #everyoneisawesome #untraditional #zeroBS #wakeuptowin #realtors #coolture #onelove #realtyonegroupcapital

Coming Open Houses in Fairfax County : https://matrix.brightmls.com/Matrix/Public/Portal.aspx?k=3303026X0cZJ&p=DE-196834470-519

Email from Oct 30 2020 - Luba Osovets - Matrix Portal © BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuat...

Some people wonder Why Do Mortgage Lenders Ask For Reserves For Borrowers
https://www.mortgagecalculator.org/helpful-advice/mortgage-reserves.php

What Are Mortgage Reserves? Learn About Cash Reserve Requirements After Closing on Your Home Loan

Market Activity in Fairfax County

Rates are still very low. It's a good time to improve your living conditions.
Call us . We will be glad to help you.
703-380-3331

https://www.theburn.com/2020/10/08/buildings-in-old-ashburn-torn-down-for-new-residential-project/?fbclid=IwAR18eY29lkURTUyIudXjlMyWJQNPkpkryLoqUvoQSUtB_6bxMwa_rkg4gN8

Buildings in Old Ashburn torn down for new residential project

The most unique aspect of this remarkable waterfront condominium is your home itself. Open living spaces with 9’ ceilings, wide plank hardwood flooring, and oversized windows to bring the views in. A showcase kitchen with Italian Cucina Craft cabinets, Bosch appliances, and Quartz countertops. And thoughtful shared spaces, including an elegantly appointed lobby and rooftop terrace with sweeping waterfront views.

Open houses in Fairfax County :
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?k=3303026X0cZJ&p=DE-188715500-183

Email from Oct 11 2020 - Luba Osovets - Matrix Portal © BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuat...

Perhaps the most unique aspect of this remarkable waterfront condominium is your home itself. Open living spaces with 9’ ceilings, wide plank hardwood flooring, and oversized windows to bring the views in. A showcase kitchen with Italian Cucina Craft cabinets, Bosch appliances, and Quartz countertops. And thoughtful shared spaces, including an elegantly appointed lobby and rooftop terrace with sweeping waterfront views.

Luba Osovets Realtor in Virginia updated their website address.

Make your house beautiful.

Great House in Fairfax Station
6916 Winners Cir, Fairfax Station, VA 22039

https://www.keepingcurrentmatters.com/2020/09/24/home-equity-gives-sellers-options-in-todays-market/

Home Equity Gives Sellers Options in Today’s Market Homeownership is one of the best ways to invest in your financial future, especially as your home equity grows.

https://www.bobvila.com/slideshow/14-plants-shrubs-and-trees-that-can-help-you-sell-your-house-577452?utm_content=buffer303f9&utm_medium=social&utm_source=facebook.com&utm_campaign=buffer&fbclid=IwAR2pqv1NEHZah2C7I1JHWPJsbsm5Y4ilJCSTw4MCzhzMkt1LspKM0Qr698s

14 Plants, Shrubs, and Trees That Can Help You Sell Your House

https://magazine.realtor/daily-news/2020/08/27/homes-are-going-under-contract-in-record-time?hs_social=facebook&hs_profile=realtor%20magazine&hs_sid=6b76ab3b-863a-40d5-84a5-b9a8ddf7e26d

Homes Are Going Under Contract in Record Time NAR’s Chief Economist Lawrence Yun says there are no indications that contract activity will wane anytime soon, particularly in the suburbs.

Have a Happy Labor Day Weekend !

I love to see my clients Happy !

https://newsletter.homeactions.net/archive/share_article/16763/7522701/4494048/104165

7 Factors That Affect Your Home Insurance Rates Insurance rates are anything but static. In reality, a number of factors can influence the details of your home insurance package. Click through for important details about how insurance policies work.

Dynamics 30-Year Fixed Mortgage Rates

The fallout from the COVID-19 pandemic continues to be the main driver behind the American economy. Another 1.48 million Americans filed initial unemployment claims over the last week, according to the Labor Department. Dow Futures sank on the news but gained back a little ground due to continuing jobless claims — that’s unemployment claims filed for two weeks in a row or more – dropping by more than 700,000.

But two major developments regarding the banking industry sent Wall Street on a 24-hour rollercoaster ride.

Bank stocks rallied across the board on Thursday morning after United States regulators announced they would make it easier for banks to invest in some riskier avenues, such as venture capital funds. Banks also no longer have to build up significant cash safeguards against certain derivative trades.

That same day, the Federal Reserve released its annual stress test, and it wasn’t good news for banks. The Fed decided to place harsher restrictions on banks after the test showed many banks could come dangerously close to minimal capital scenarios. Beyond that, for Q3 the Board is “requiring large banks to preserve capital by suspending share repurchases, capping dividend payments, and allowing dividends according to a formula based on recent income. The Board is also requiring banks to re-evaluate their longer-term capital plans.” Also, for the first time, banks are going to have to resubmit their payout plans at the end of the year.

After the announcement, bank shares — which had surged early in the day — sank back with Wells Fargo back 3.3% and Goldman Sachs dropping 3.9%. Futures were flat following the release of the Fed’s stress test. Early Friday the 10-year Treasury note yield was trading around 0.671%

Purchases continue their rally, but what about Forbearances?
This week we got two different reports on the total number of forbearances for existing mortgage loans. On Monday, the Mortgage Bankers Association’s report showed the percentage of loans in forbearance dip from 8.55% to 8.48% last week. That would be the first time since March we saw the number of home loans in forbearance go down.

According to the MBA, loans backed by Ginnie Mae (FHA, USDA, VA) are still the highest share of loans in forbearance with more than 11%. It should be noted that before the COVID-19 pandemic, just 0.25% of home loans were in forbearance.

Friday morning, mortgage data and technology firm Black Knight released its report showing that forbearances had actually gone up. The group’s report showed the total number of active loans in forbearance moving from 8.7% up to 8.8%. Both reports show loans from Ginnie Mae have the highest percentage of forbearance rates.

Another bit of data that might seem confusing is the latest report on existing home sales. The National Association of Realtors shows that sales were down 9.7% in May compared to April, and down more than 26% year-over-year. However, you have to keep in mind that the data deals with closed sales in May that had contracts signed in April or March. Those two months bore the brunt of the pandemic. That’s why the NAR believes this specific set doesn’t tell the full story, and that the numbers in June will much better reflect the upward trajectory.

“Well into the month of June, I think people are much more relaxed, knowing that there is a massive stimulus package in the economy,” said Lawrence Yun, chief economist for the NAR. “I am very confident that this will be the cyclical low point. Buyers are coming back and listings are coming back.”

If you are considering buying or refinancing, you should absolutely call a Movement Mortgage loan officer. This week’s Freddie Mac 30-year fixed-rate mortgage average came in flat at 3.13% — the lowest average in the history of Freddie Mac’s reporting going back to 1971.

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ABOUT THE AUTHOR:

MOVEMENT STAFF
The Market Update is a weekly commentary compiled by a group of Movement Mortgage capital markets analysts with decades of combined expertise in the financial field. Movement's staff helps take complicated economic topics and turn them into a useful, easy to understand analysis to help you make the best decisions for your financial future.

https://matrix.brightmls.com/Matrix/Public/Portal.aspx?k=3303026X0cZJ&p=DE-142076804-645
Leesburg location

Every House has something special !

Email from Jun 18 2020 - Luba Osovets - Matrix Portal

Luba Osovets

Every House has something special !

Under the contract within 3 days !!!
Open floor plan.
Great view.
Gorgeous!
https://matrix.brightmls.com/Matrix/Public/Portal.aspx?k=3303026X0cZJ&p=DE-133469510-274

https://matrix.brightmls.com/Matrix/Public/Portal.aspx?k=3303026X0cZJ&p=DE-133469510-274

Every house has something special

https://matrix.brightmls.com/Matrix/Public/Portal.aspx?k=3303026X0cZJ&p=DE-131959077-38

Email from May 20 2020 - Luba Osovets - Matrix Portal

The house has all 3 acre homesites with spectacular views!
View Listing

Wells Fargo, Bank of America, U.S. Bank and JPMorgan Chase have been accused of shuffling the order of stimulus loans in order to maximize their own profits.

Patio Paving Mold - Patio Building Tool

Everything for your home !!
https://www.frizzybear.co/products/paving-mold

frizzybear.co The Patio Paving Mold fulfils your dream of designing your own patio or path and then make it a reality. No special skills are needed to use this tool.

Stunning residence ideal for large scale entertaining and comfortable everyday living! The home sits on a beautifully manicured acre lot with fenced rear yard, stone patio, and inground sprinkler system.
Awesome house! Unusual design! Convenient location! Great school pyramid! 4 Br + 3,5 Bth, 2 car garage + driveway( space for 10 cars)
For additional information or a private tour contact us, we always here to help!

View Listing

1001 Dranesville Manor Dr, Herndon

Many thanks to all of you !!!!!

Fed to add $1.5 trillion in 'temporary liquidity' to Wall StreetHomeNews
by Ryan Smith13 Mar 2020

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The Federal Reserve has announced that it will inject more than $1.5 trillion in “temporary liquidity” into Wall Street following the market’s worst week since the 2008 financial crisis.

The Fed is making the emergency cash infusion in an attempt to head off a sharper economic contraction, according to a Wall Street Journal report.

“These changes are being made to address highly unusual disruptions in Treasury financing markets associated with the coronavirus outbreak,” the New York Fed said in a statement Thursday.

With investors spooked over both the COVID-19 outbreak and oil prices, Wall Street has had a rocky week. On Monday, trading was temporarily halted when the Dow plunged nearly 1,900 points moments after the opening bell. On Thursday, the market plunged 5% in premarket trading, triggering yet another temporary halt, according to an NBC News report. Minutes after the opening bell, the S&P plummeted another 7%, triggering the third trading halt of the week. Thursday was the worst day for the Dow since the 1987 market crash, according to NBC News.

The continued tumble is putting pressure on the Fed to intervene in ways not seen since the 2008 meltdown, according to WSJ.

The Fed said that the terms of its emergency relief operations would be “adjusted as needed to foster smooth Treasury market functioning and efficient and effective policy implementation.”

The Fed has already implemented an emergency interest-rate cut in an attempt to stem the COVID-19 outbreak’s economic effects.

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