Mortgage Industry News
Skyrocketing inflation is raising mortgages, putting first homes out of reach
Source: The Hill --- A new report showing inflation rising again in September is just the latest bad news for new homebuyers, who are increasingly seeing the cost of a first home pushed out of their reach. The latest news puts lenders, already on edge amid a grim...
Dave Ramsey Warns of a Dangerous ‘Plot Twist’ You Could Face With Rent-to-Own Homes. Here’s What It Is
Source: The Motley Fool --- Rent-to-own is one approach to buying a home, but it's not a conventional approach. Basically, if you opt for a rent-to-own arrangement, you enter into an agreement with a property owner that enables you to purchase the property you are...
‘Selling Sunset’ Star Shares Tips on How to Boost the Value of Your Home
Source: Newsweek --- s millions of Selling Sunset fans lap up a fresh batch of office drama on the Netflix show's newly released fourth season, they will also be treated to the visual delight of viewing one opulent California property after another. Dollar signs are...
Understanding Reverse Mortgages
Source: Physician's Weekly --- Many physician homeowners have been roped into watching a commercial for a company selling reverse mortgages, usually presented by a stalwart actor that we like and trust. Whether a reverse mortgage is right for you or not, it’s a good...
Is there a mortgage stimulus program and how much can you get?
Source: The Sun --- STRUGGLING homeowners may be wondering what support is available - and whether there's a mortgage stimulus program. It comes as Americans have got used to receiving stimulus checks during the coronavirus crisis. We explain what you need to know....
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