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What’s Next for the Overheated Housing Market?
Source: Housing Wire --- According to the National Association of Realtors, March’s existing-home sales came in at 6.01 million.Because March 2020 sales were slightly weaker due to the start of COVID-19, the year-over-year growth in sales for March 2021 came in...
Rudiments of Success
I started playing drums when I was 8 years old and took weekly lessons from some great teachers. The first thing the teacher had me do was to learn drum rudiments, the definitions of drum rudiments is “in percussion music, a...
The Little-Known Mortgage That Doesn’t Require a Down Payment
A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer, however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down payments, but...
Remote Working to Affect Housing Demand
Fitch Ratings, New York, said while remote working in the U.S. accelerated as a result of the coronavirus pandemic, and is reducing the importance of proximity to offices and causing migration from urban to suburban and exurban areas, it does not expect any material effect on the credit quality of its rated U.S. residential mortgage-backed securities pools. Continue Reading Remote Working to Affect Housing Demand
More Than 6 Million Renters & Homeowners Missed September Payment
More than six million households did not make their rent or mortgage payments, and 26 million individuals missed their student loan payment in September, according to third quarter research released today by the Mortgage Bankers Association’s Research Institute for Housing America. Continue Reading More Than 6 Million Renters & Homeowners Missed September Payment
Will the 2020 Election Change Mortgage Rates?
If you want to buy a house or refinance within the next few months, you should already be strategizing about how to lock the lowest interest rate. Which might leave you wondering: How will the presidential election impact mortgage rates? Continue Reading Will the 2020 Election Change Mortgage Rates?
