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Study finds Hispanic homebuyers most likely to use risky, nontraditional financing
Source: Bankrate --- Rising home prices and mortgage rates have made it more difficult for many first-time homebuyers and have pushed some to consider alternative forms of financing. A survey out of Pew Charitable Trusts found that Hispanic homebuyers are the most...
10 first-time homebuyer tips
Source: Bankrate --- These days, the real estate market can seem quite literally all over the map—still super-hot in some areas while cooling off in others. Regardless of where you live, first-time home ownership can be an attainable goal with the right research and...
What’s The Latest With UK Mortgage Rates?
Source: Forbes --- The ever-tightening cost of living crisis and continued soaring inflation – which stood at a staggering 9% in the 12 months to April – is fuelling the likelihood of more interest rate rises this year, putting further pressure on the monthly budgets...
The housing market has peaked, top economist says
Source: MPA --- The US has officially gone from a housing boom into a “housing correction”, according to Mark Zandi (pictured), chief economist at Moody’s Analytics. In an interview with Fortune magazine last week, the economist and co-founder of Economy.com said all...
Winning Streak Comes to an End For Mortgage Rates
Source: Mortgage News Daily --- As of last Friday, mortgage rates had enjoyed 3 of their best weeks in a long time. Sure, there were caveats that argued against celebrating the gains as evidence of a broader reversal, but they were nonetheless a welcome change of...
Is the hot housing market showing signs of cooling down?
Source: abc4 --- (NewsNation) — New home construction continues at a rapid pace, but new sales data shows the market may be cooling down, slightly. In April, sales dropped by 17%, the biggest dip in nearly a decade, according to data released last week by the Census...
