Source: US News — An underwater mortgage, also called an upside-down mortgage, occurs when the loan’s principal balance is higher than the home’s fair market value, resulting in negative equity. In other words, a mortgage becomes underwater when you...
Source: Fox Business — When it comes to researching which purchases best fit their finances, buyers said they spent more time browsing for cars and vacations than they did mortgages, a recent survey by Zillow Home Loans said. Seventy-two percent of prospective...
Source: WRAL Tech Wire — RALEIGH – Navigating the Triangle real estate market will be tougher at the beginning of 2023 between the higher cost of homes and the higher costs of borrowing to buy a home compared to the beginning of 2022. And the region’s real...
Source: Money — There’s been a rising demand for real estate careers within the last few years. With the increasing number of students in related programs, the competition for the best paying jobs in real estate is getting tougher. It’s no wonder either —...
Source: Marketplace — The housing market is ending 2022 on a pretty sour note. Pending home sales in November dipped to their second lowest level since the National Association of Realtors started tracking that stat 20 years ago. And though mortgage rates have...
Source: Fortune — Retirement planning often includes the goal of eliminating mortgage payments before leaving the workforce behind. This approach is based on the idea that it’s easier to make ends meet in retirement by reducing expenses and not having to deal...
