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Buying a home is a goal for many Americans. How this bank is helping members of low- and moderate-income communities achieve that

Buying a home is a goal for many Americans. How this bank is helping members of low- and moderate-income communities achieve that

by Third Party | Oct 24, 2021 | Industry Updates, Mortgage Information

Source: CNBC —  Even as prices for homes soar, the American Dream of owning a home is still alive and well. Yet that can be a high hurdle for first-time home buyers to reach. New data from the National Association of Realtors shows sales of previously owned...
Buying a home or refinancing? A 30-year mortgage may not be your best option

Buying a home or refinancing? A 30-year mortgage may not be your best option

by Third Party | Oct 23, 2021 | Industry Updates, Mortgage Information

Source: CNN —  If you’re thinking of buying a home or refinancing one, a big question will be whether to get a 30-year mortgage or opt for a shorter term loan. Most people get a 30-year fixed rate mortgage, which offers lower monthly payments. But there...
BBB expert explains potential pitfalls of reverse mortgages

BBB expert explains potential pitfalls of reverse mortgages

by Third Party | Oct 23, 2021 | Mortgage Information, Real Estate Agent Tools

Source: Fox 2 Now —  ST. LOUIS – Reverse mortgages have been around for 60 years now and they are advertised to seniors as a way to access the equity of their home quickly. Since the pandemic began more than a year and a half ago some have been turning to these...
Q3 real estate market trends report

Q3 real estate market trends report

by Third Party | Oct 23, 2021 | Mortgage Information, Real Estate News

Source: Colorado Biz —  With fall winding down and winter on the horizon, the traditional seasonal market tempering is also following suit – if just a bit. Buying opportunities still remain and for those looking to make a move and sell, it’s still a good time.  ...
The Market for Single-Family Rentals Grows as Homeownership Wanes

The Market for Single-Family Rentals Grows as Homeownership Wanes

by Third Party | Oct 22, 2021 | Industry Updates, Mortgage Information, News/Current Events, Real Estate Agent Tools, Real Estate News

Source: New York Times—  The lawns are manicured. The swimming pools sparkle in the sun. And the homes, all of them turnkey and smelling of fresh paint, are lined up in tidy rows, an army of cookie-cutter porches standing at attention. Covid-19 inflamed the real...
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...
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