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The 7 Best Reverse Mortgage Alternatives
Source: Entrepreneur --- Reverse mortgages let older homeowners cash out their home equity without selling their residences or taking on debt payments. However, the loans have costs and eligibility restrictions that can cause other solutions to be more favorable. If...
Citi to Expand Program Making Homeownership More Attainable
Source: The Motley Fool --- Buying a home can be challenging for low- and moderate-income mortgage applicants for a number of reasons. First, those who don't earn a lot of money often struggle to come up with funds for a down payment. Also, mortgage applicants with...
US Inflation Tops Forecasts, Cementing Odds of Big Fed Hike
Source: Bloomberg --- US consumer prices were resurgent last month, dashing hopes of a nascent slowdown and likely assuring another historically large interest-rate hike from the Federal Reserve. The consumer price index increased 0.1% from July, after no change in...
Should I sell my house before prices really crash — or wait for the next big real estate boom?
Source: Yahoo Finance --- Home sellers may face a closing window on today’s still-warm — but cooling — real estate market. While sellers can still take advantage of low inventory, they should also know that inflation, rising interest rates and perceptions about...
Overcoming the housing crisis is going to take all the tools in the toolbox: John Habat
Source: Cleveland.com --- Greater Cleveland Habitat for Humanity is celebrating its 35th anniversary of building homes and empowering families with safe and affordable homeownership. Since 1987, we’ve helped more than 325 families purchase safe and affordable homes --...
Home prices are falling in these 98 major housing markets—only 50 markets remain at the peak
Source: Fortune --- Not long after mortgage rates spiked this spring, the U.S. housing market slipped into what the industry likes to call a housing recession. It means housing activity levels, like home sales, are contracting sharply. That’s hardly surprising:...
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Median Asking Rent for Los Angeles County at 5-Year Low- Work Halted on Another NYC Office-to-Residential Conversion Project
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- Ground Broken on Affordable Senior Housing Development in Salt Lake City
