Source: Entrepreneur — Reverse mortgages let older homeowners cash out their home equity without selling their residences or taking on debt payments. However, the loans have costs and eligibility restrictions that can cause other solutions to be more favorable....
Source: The Motley Fool — Buying a home can be challenging for low- and moderate-income mortgage applicants for a number of reasons. First, those who don’t earn a lot of money often struggle to come up with funds for a down payment....
Source: Bloomberg — US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve. The consumer price index increased 0.1% from July, after no change...
Source: Yahoo Finance — Home sellers may face a closing window on today’s still-warm — but cooling — real estate market. While sellers can still take advantage of low inventory, they should also know that inflation, rising interest rates and perceptions about...
Source: Cleveland.com — Greater Cleveland Habitat for Humanity is celebrating its 35th anniversary of building homes and empowering families with safe and affordable homeownership. Since 1987, we’ve helped more than 325 families purchase safe and affordable...
Hits and Misses for the Real Estate Week of April 6-10
