Source: QDT — Many people think that all debt is bad and should be avoided or paid down as quickly as possible. However, you should break down debt into two types: good and bad. It’s essential to understand their differences so you stay away from bad debt as...
Source: NJ.com — Q. I recently read an article that said you should refinance before you retire rather than plan for a reverse mortgage as long as you plan to stay in your home for at least five years. That’s my situation. My current 15-year mortgage will be...
Source: Fox Business — The Federal Housing Finance Agency (FHFA) raised its conforming loan limits significantly across the U.S., even allowing for loans of up to nearly $1 million in some parts of the country, the agency announced Tuesday. In most areas of the...
Source: Senior Housing News — Hispanic homeownership in the U.S. climbed significantly in 2020 – there are now 8.8 million Hispanic homeowners in the country, according to a report released this week by the National Association of Hispanic Real Estate...
Source: Bakersfield.com — Q: After I was divorced, the court awarded our home to my ex-spouse and ordered him to refinance the mortgage to get me off of it. He has not refinanced the property several years later and pays the mortgage inconsistently, leaving my...
Source:KSL — HOOPER, Utah — Interest rates are still near record low levels, and that has many homeowners considering a mortgage do-over by refinancing. But when a Hooper woman tried to swap out her old home loan with a new one so she could tap into her...
Hits and Misses for the Real Estate Week of Aug. 3-7
