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How to buy a house with a low income

How to buy a house with a low income

by Third Party | Oct 21, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Bankrate —  If you have a stable job but are earning less than you’d like, you might be concerned that this can impede your ability to purchase a home. The good news: There are mortgages and assistance options that can help you become a homeowner, even...
Mortgages tied to ‘green’ home improvements considered by UK

Mortgages tied to ‘green’ home improvements considered by UK

by Third Party | Oct 21, 2021 | Mortgage Information, News/Current Events

Source: The Guardian —  The government is exploring plans to link mortgages to green home improvements by imposing targets for lenders, to help decarbonise the UK’s ageing and leaky housing stock. Highlighting the move in its net zero strategy, published on...
Current mortgage rates for Oct. 19, 2021: Rates cool off

Current mortgage rates for Oct. 19, 2021: Rates cool off

by Third Party | Oct 21, 2021 | Industry Updates, Mortgage Information, Real Estate Agent Tools

Source: CNET —  Today a number of important mortgage rates declined. Let’s see how that could affect your home loan payments. A few closely followed mortgage rates fell today. Average 15-year fixed mortgage rates climbed, while average 30-year fixed...
What happened when the SBA ran out of small-business real estate loan money

What happened when the SBA ran out of small-business real estate loan money

by Third Party | Oct 20, 2021 | Mortgage Information, Real Estate Agent Tools

Source: North Bay Business Journal —  For the first time in its history, the U.S. Small Business Administration ran out of money to lend for real estate and equipment acquisitions. The funds in the 504 program were exhausted as of Sept. 7 for the 2020–2021...
Zillow takes a break from flipping houses

Zillow takes a break from flipping houses

by Third Party | Oct 19, 2021 | Industry Updates, Mortgage Information, News/Current Events

Source: LA Times —  Zillow Group Inc. is taking a break from buying U.S. homes after the online real estate giant’s pivot into tech-powered house flipping hit a snag. Zillow, which acquired more than 3,800 homes in the second quarter, will stop pursuing new home...
Reverse Mortgage Refinances Remain Near 50% of Volume in August

Reverse Mortgage Refinances Remain Near 50% of Volume in August

by Third Party | Oct 19, 2021 | Mortgage Information, Real Estate News

Source: Reverse Mortgage Daily —  Home Equity Conversion Mortgage (HECM)-to-HECM refinances remained at nearly 50% of total reverse mortgage industry endorsement volume in September 2021, according to the newest HECM Endorsement Analytics report published late...
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