Times are tough for the US home buyer, and not getting much better for sellers either. With mortgage rates at an all-time, 20-year high, according to the Wall Street Journal, it’s no wonder why so many potential homeowners are finding themselves frustrated at every turn in this current market environment. Of course, that’s not the […]
Finance
Understand and analyze the current financial conditions affecting buyers and sellers within the U.S. housing market.
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What Lower Mortgage Rates Say About the 2019 Housing Market
HousingMarket Report: How Falling Mortgage Rates Will Affect the 2019 U.S. Housing Market Mortgage rates have been going through a steady decline, with home buyers getting more and more opportunities at locking excellent rates. Homeowners are looking at opportunities for refinancing their mortgages – making it more affordable for their budget in the long run. […]
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FHFA Director moves forward on housing finance reform
Calabria: We must grab this opportunity for reform. Mark Calabria has officially taken office having been confirmed as the new director of the Federal Housing Finance Agency by the Senate. The role of the agency is to oversee Fannie Mae, Freddie Mac, and the majority of the US housing finance system. Calabria replaces Joseph Otting, […]
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Before You Sign: 3 Mortgage Loans to Know About
Navigating the home mortgage maze can be challenging, particularly for first-time home buyers. Adding to the confusion is the fact that several types of mortgage loans can fit into multiple categories used to define home finance. To sort through the types of home mortgages available to you and ensure you understand terminology, here is a […]
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3 Things to Know About Rising Interest Rates
Unless you have been living in a cave all year, you know that the Federal Reserve is about to raise interest rates, which might affect your pocketbook as you prepare to apply for a mortgage loan or a refinance. However, the way it has played out isn’t quite what experts predicted. Here are three things […]
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The Know Before You Owe Rule: What You Need to Know
New closing forms are designed to make home buying less confusing and better protect home buyers. Here’s what you need to know as a prospective home owner from the new “Know Before You Owe” rule going into effect October 3, 2015. According to the Consumer Financial Protection Bureau, the U.S. government’s agency responsible for consumer protection related […]
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3 Ways to Relieve Home Financing Related Stress
As the housing market headlines of the last few years read, some home buyers forgot about the great financial responsibility of purchasing a home to their own demise. If you have been contemplating buying a home with financing, here are a few tips for dealing with borrowed dollars that will help you take down that “for sale” sign […]
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How-to Get a Mortgage Even if You Have Shaky Credit
Bad credit can trigger all sorts of financial stress and issues, especially having trouble buying a home and getting a mortgage. If your credit is shaky, the safest and best route to purchasing a property is to save money and wait for your finances to improve. While that is not always feasible, there are a […]
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How-to Choose a Home Mortgage Loan Like A Pro
Now that you have decided to buy your dream home, it’s time to consider how you will pay for it. You could always just write a check for the total purchase price and be done with it… Right? 😉 While paying cash may be a possibility for some, the reality for most is that buying a […]