Many Home Buyers Apply For Family Backed Mortgages As Interest Rate Hikes

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In: New Home Mortgage News

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It’s not the best time to buy a home, with home prices hovering near all-time highs and mortgage rates continuing to rise.  The average mortgage rate on a 30-year loan was 5.54% on July 21, according to St. Louis FedContinue Reading

New Homebuyers Are Spending Two Times the National Average on Remodeling

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In: Home Equity News

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With inflation at a 41-year high in May and rising interest rates and mortgages, buying a home has become more expensive for many Americans.  And now it seems that repairing one is even more expensive, especially for new home buyers,Continue Reading

Few First-Time Homebuyers Did Well During the Pandemic Reports Nerdwallet Analysis

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In: Realtor News

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A new report by Nerdwallet has found that during the third quarter the property prices dropped 1% and inventory rose 31% on average across the country showing some ray of light for first-time homebuyers. In its quarterly report the companyContinue Reading

How To Buy A Home After Bankruptcy

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In: New Home Mortgage News, Realtor News

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Last updated on February 3rd, 2021 at 11:41 amIf you’re one of the millions of Americans who have declared bankruptcy financial recovery can seem difficult but don’t give up.  According to a study by the Consumer Financial Protection Bureau, People’s creditContinue Reading

COVID-19 Situation Making Homebuyers Change Their Preference Says Survey

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In: New Home Mortgage News

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Last updated on February 3rd, 2021 at 11:04 amThe current lockdown situation has led to new consumer trends that have been noticeably altering the homebuyer’s preference. TD Bank surveyed more than 1,000 borrowers in June about how quarantine measures changed theirContinue Reading

Is Coronavirus Leading Homebuyers to Leave Cities for the Suburbs?

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In: New Home Mortgage News, Realtor News

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Last updated on December 26th, 2022 at 09:35 pmIn big cities, apartment-living and dense urban environments have made the coronavirus pandemic more intimidating. According to one of the largest real estate listing websites  realtor.com – as the real estate market isContinue Reading

Is Coronavirus Leading Homebuyers to Leave Cities for the Suburbs?

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In: Mortgage News, New Home Mortgage News

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Last updated on February 2nd, 2021 at 11:48 amIn big cities, apartment-living and dense urban environments have made the coronavirus pandemic more intimidating. According to one of the largest real estate listing websites  realtor.com – as the real estate market isContinue Reading