Source: Housing Wire — Although there are 4% fewer owned homes in the United States than there were in 2010, an increasing share belongs to highly educated people. And, with Millennials cementing their status as a driving force during the last decade, the life...
Source: Redfin — About half (51%) of U.S. homeowners with mortgages have a mortgage rate under 4%—substantially below today’s level of 5%. About one-third (32%) of all homeowners—including those without mortgages—have a mortgage rate under 4%. With rates now...
Source: Housing Wire — The Federal Housing Administration told mortgage servicers that they can now offer a 40-year loan term as a COVID-19 recovery option. Servicers for FHA-insured mortgages can offer the modification immediately, according to the latest...
Source: Forbes — For many homebuyers, saving up for a down payment can seem like a massive roadblock, especially with home prices skyrocketing. But there are mortgage options designed specifically for those who can’t save the standard 20% down of the loan...
Source: Market Watch — We asked home and mortgage experts and economists what they predict will happen in the housing market this spring and further into 2022. Here’s what they told us. (You can find the lowest mortgage rates you might qualify for here.)...
Debbie Bloyd is a contributing author to Weekly Real Estate News and can be contacted at 469-768-0337 or [email protected] How do you buy a house when you have a house to sell – need to pay off bills and it all has to be done now!!!! And why is it...
