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The Absolute Cheapest State to Buy A House Is…

The Absolute Cheapest State to Buy A House Is…

by Third Party | Jan 6, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Apartment Therapy — When you’re buying a new home, it’s all about location, location, location. Based on where you decide to live, you may have lower home costs, but pay more in utilities. Or, you could pay a higher mortgage but your property taxes will...
Manhattan real estate breaks record in 2021, reaching $30 billion in sales

Manhattan real estate breaks record in 2021, reaching $30 billion in sales

by Third Party | Jan 6, 2022 | News/Current Events, Real Estate News

Source: CNBC —  Manhattan real estate posted its best year ever in 2021, rebounding from the pandemic with $30 billion in sales, according to real estate reports. The 16,000-plus signed contracts were also a record, according to a report from Corcoran.  ...
Virginia launches mortgage relief plan for distressed borrowers

Virginia launches mortgage relief plan for distressed borrowers

by Third Party | Jan 5, 2022 | Mortgage Information, News/Current Events

Source: National Mortgage News —  Virginia began accepting applications on Monday for its mortgage relief program, with financial assistance provided through the federal government’s Homeowner Assistance Fund. The state received more than $258 million from the...
Home affordability plummeted in fourth quarter

Home affordability plummeted in fourth quarter

by Third Party | Jan 5, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: Housing Wire—  Homeownership continues to swerve into unaffordable territory, with median-priced single-family homes becoming less affordable in three-quarters of the nation’s market, a report published by ATTOM Data Solutions last week said.  ...
Red-Hot Housing Market Fuels Mortgage Borrowing Record

Red-Hot Housing Market Fuels Mortgage Borrowing Record

by Third Party | Jan 5, 2022 | Mortgage Information, News/Current Events, Real Estate News

Source: The Wall Street Journal —  Americans borrowed more than ever to buy homes in 2021. Mortgage lenders issued $1.61 trillion in purchase loans in 2021, according to estimates by the Mortgage Bankers Association. That is up slightly from $1.48 trillion in...
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