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How long must my husband be in his new job for us to get a mortgage?
Source: The Guardian --- Q I know every lender is different but how long does my husband need to be in his new job before we can apply for a mortgage? We only need a £50,000 mortgage as we are buying my childhood home from my parents. How do we go about us buying it...
What does ‘housing recession’ even mean? Economists don’t really know
Source: Inman --- The phrase “housing recession” has exploded in popularity, according to an analysis of search terms. But pinning down what it means and where it originated is surprisingly difficult, experts told Inman.
Real estate: A looming end to the long boom
Source: The Week --- The "booming housing market is stalling out," said David Harrison and Nicole Friedman in The Wall Street Journal. Trapped between near-record prices and soaring mortgage rates, buyers are pulling back. In July, figures released last week show,...
US home price growth ‘to stall completely,’ Goldman warns
Source: New York Post --- The US housing market still has “further to fall” in a recent downturn that has sparked fears of a recession, Goldman Sachs analysts warned in a note to clients on Tuesday. The bank’s analysts expect home price growth in the once-booming...
Bankers’ Hours column: Changes coming to the housing market
Source: Post Independent --- This is an issue we revisit periodically, because everybody else does. The question is regularly raised, “With stratospherically spiking home prices, and so called ‘Non-QM (Nonqualifying mortgages, meaning not conforming to Fannie Mae or...
Want to Sell Your Home Quickly? Follow These 5 Dave Ramsey Tips
Source: The Motley Fool --- There was a point last year (and even during the first part of 2022) where all you had to do to sell a home quickly was get a listing up. For months, the housing market lacked inventory in a serious way, and that led to a period of homes...
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