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Scots worried about soaring mortgage rates as demand for advice on bills rises

Scots worried about soaring mortgage rates as demand for advice on bills rises

by Third Party | Jan 3, 2023 | International Real Estate News, Real Estate News

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...
CoreLogic: Mortgage delinquencies are down

CoreLogic: Mortgage delinquencies are down

by Third Party | Jan 3, 2023 | Current News & Events, Mortgage Information, Real Estate News

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....
El Paso housing market ‘positioned for growth’

El Paso housing market ‘positioned for growth’

by Third Party | Jan 3, 2023 | Real Estate News, U.S. Housing Market

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...
5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing

5 ways to make affordable housing for all in 2023 — from construction laws to mortgage financing

by Third Party | Jan 3, 2023 | Real Estate Agent Tools, U.S. Housing Market

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...
Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours

Your debt-to-income ratio is crucial to getting approved for a mortgage — here’s how to calculate yours

by Third Party | Jan 3, 2023 | Mortgage Information, Real Estate Agent Tools

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...
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