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REAL Tools

Online Fintech companies are rapidly entering the Real Estate and Mortgage space, with one goal in mind, to eliminate us. It’s now more important than ever to make sure we are adding value and advising our clients, so we can’t be replaced by technology.

We have several tools, including a Real Estate Report Card, Buy vs Rent Comparison, Cost of Waiting Analysis, and many more that can position us as true advisors. 

Complete this form to request a custom Buy vs. Rent scenario or Real Estate Report Card for your clients! 

In the Market

Additional unemployment benefit has dropped from $600 per week to $400 and requires the state to kick in $100 of the $400. States can choose whether or not to participate and contribute the additional $100, so it may be $300 in some states. The added benefit will last until at least the end of the year. 

Payroll taxes can be deferred through the end of the year if you are earning less than $100,000 per year, but it has to be paid back. 

Student loan payments are now deferred through the end of the year. 

As appropriate and consistent with applicable law, landlords are encouraged to avoid eviction or foreclosures resulting from financial hardships. 

The rest of the week looks like this:

Tuesday: NFIB Small Business Optimism Index, Producer Price Index (PPI), 3-Year Note Auction

Wednesday: Mortgage Applications, Consumer Price Index (CPI), 10-Year Note Auction

Thursday: Initial Jobless Claims, 30-Year Bond Auction

Friday: Retail Sales

Make it a great one!

ReMi & Emily

804.286.1406

rivercitylending@movement.com