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Volume-hungry mortgage lenders loosen credit standards
Source: Housing Wire --- Mortgage credit availability increased by 2.2% in April as mortgage lenders fight for borrowers in an increasingly competitive market. The Mortgage Bankers Association said Tuesday that the Mortgage Credit Availability Index (MCAI) — which...
3 Graphs Showing Why You Should Sell Your House Now
Source: Keeping Curren Matters --- There’s no doubt that 2021 is the year of the seller when it comes to the housing market. If you’re a homeowner thinking of moving to better suit your changing needs, now is the perfect time to do so. Low mortgage rates are in your...
Experts Say Home Prices Will Continue to Appreciate
Source: Keeping Current Matters --- It’s clear that consumers are concerned about how quickly home values are rising. Many people fear the speed of appreciation may lead to a crash in prices later this year. In fact, Google reports that the search for “When is the...
Demand for Second Homes Is More Than Double Pre-Pandemic Levels
Source: Redfin --- Second-home buyers are out in full force as affluent Americans continue to work remotely from vacation destinations. The number of buyers who locked in mortgage rates for second homes soared 178% year over year in April, marking the 11th straight...
Housing Affordability Still Facing Significant Challenges in U.S.
Source: The World Property Journal --- The National Association of Home Builders is reporting U.S. housing affordability weakened slightly during the first quarter of 2021 as rising material costs and supply shortages along with expected increases in mortgage rates...
Three Tips To Help You Become A Successful Real Estate Developer
Source: Forbes --- Real estate development can be one of the most lucrative small businesses out there. A savvy businessperson who can navigate reasonable risks can build an empire that will finance a comfortable, rewarding lifestyle. Plus, who doesn't look good in a...
