Source: The Guardian — Q I know every lender is different but how long does my husband need to be in his new job before we can apply for a mortgage? We only need a £50,000 mortgage as we are buying my childhood home from my parents. How do we go about us buying...
Source: Post Independent — This is an issue we revisit periodically, because everybody else does. The question is regularly raised, “With stratospherically spiking home prices, and so called ‘Non-QM (Nonqualifying mortgages, meaning not conforming to Fannie Mae...
Source: CNBC — Mortgage rates are projected to decline next year — but that doesn’t mean prospective homebuyers should necessarily delay a purchase for the prospect of lower financing costs. The rate on a 30-year fixed mortgage will fall to an average 4.5% in...
Source: Investopedia — What Is a Lis Pendens? A lis pendens is an official notice to the public that a lawsuit involving a claim on a property has been filed. Lis pendens is connected to the concept that a property buyer must assume any litigation that exists...
Source: Yahoo Finance — Many people dream of being their own boss. And with good reason –multiple studies link self-employment with higher job satisfaction and enhanced physical wellbeing. As of July 2022, 16.4 million out of 158.1 million Americans were...
Source: CBS News — Shopping around for a mortgage can be more than a little confusing. With all the variables to consider and industry lingo to learn, it’s almost like the home buying process was designed to leave you scratching your head. Like with any...
Hits and Misses for the Real Estate Week of May 11-15
