Source: Daily Record — Desperate Scots are flocking to an advice website for information on their mortgage payments during the cost of living crisis. Citizens Advice Scotland said there had been a 223 per cent increase in use of their mortgage calculator to...
Source: Houston Agent Magazine — Foreclosures continue to rise toward pre-pandemic levels, according to new data from CoreLogic, but mortgage delinquencies are down. This is a positive sign, indicating that foreclosures will likely trend downward soon....
Source: El Paso Inc. — The El Paso area is among the U.S. housing markets expected to grow the most in 2023, according to a national housing forecast. With mortgage rates and home prices rising and lending standards tight, many markets have slowed and some are...
Source: Insider — With the new year is another chance to make housing more affordable for all. Right now, it’s harder than ever to buy a home. In 2022, an astronomical rise in mortgage rates coupled with already steep home prices pushed many out of the...
Source: CNBC — There’s a lot that goes into the home buying process, especially if you’re a first-time home buyer. One criteria mortgage lenders use to assess your mortgage application is the debt-to-income ratio (DTI). Your debt-to-income ratio is a comparison...
Hits and Misses for the Real Estate Week of March 23-27
