Homepoint Offers $500 Appraisal Credit to Homebuyers

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In: Mortgage News

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Homepoint offers borrowers a $500 loan to cover appraisal costs, making it “convenient” for homebuyers to buy now rather than wait. The wholesale giant announced Monday that it will offer $500 appraisal credits to prospective homebuyers in all 50 statesContinue Reading

Does Current Home Prices Bring Relief To Homebuyers?

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In: New Home Mortgage News

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There is a terrible house price adjustment in the US. It may sound like déjà vu, but the causes of the recent housing market booms and busts are different from those of the 2000s.  This time, the American financial systemContinue Reading

Top 5 Things To Consider Before You Go Home Shopping

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In: New Home Mortgage News

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Finding a home can be overwhelming for anyone from first-time buyers to veterans. There are so many things to consider: square footage, property, location, bedroom, bathroom, mortgage interest, property tax – the list goes on!  Before you start shopping forContinue Reading

Some Homebuyers See Potential In The Distrustful Housing Market

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In: New Home Mortgage News

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Steadily rising home prices and fluctuating mortgage rates have created the cheapest housing market in decades, but few consumers believe now is the right time to buy a home. According to Fannie Mae’s recent Home Buyer Sentiment Index, 19 percentContinue Reading

Is This The Right Time To Buy New Construction As Investment Property?

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In: New Home Mortgage News

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The good thing about real estate investing is that it can lead to a steady stream of passive income. And while there are several ways to achieve this goal (for example, real estate investment trusts, or REITs), the proven strategyContinue Reading

New CashPass Program By Guild Mortgage Assist Buyers Match Up To All Cash Offers

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In: Mortgage News

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Last updated on June 17th, 2022 at 09:16 amGuild Mortgage (NYSE: GHLD), a growth-originated mortgage organization that has begun and overhauled residential loans starting around 1960, presented CashPass, another program to assist homebuyers to match up to all-cash offers inContinue Reading

As Interest Rates Surge Homebuyers Choose ARM over Conventional Mortgages

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In: New Home Mortgage News

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As mortgage rates quickly rise, a few purchasers get evaluated out except if they secure an adjustable-rate mortgage (ARM), which might have an early on rate today that is nearer to the degree of fixed-rate mortgages they delighted in whenContinue Reading

How to Make Your Offer Eye Catching – The Homebuyer Guide

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In: Realtor News

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In the current economically tight market, homes selling quickly, above the asking cost. The private housing market across the U.S. is more cutthroat than it’s been in years. Homes are being recorded and sold in practically no time, and dealersContinue Reading

First Time Home Buyers In The State Of California To Receive Forgivable Loans

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In: New Home Mortgage News

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Last updated on May 12th, 2022 at 03:09 pmCalifornia is currently offering forgivable loans to working-class home purchasers who battle to make initial installments amid spiraling house costs. The new Forgivable Equity Builder Loan program permits qualified, first-time purchasers toContinue Reading

Bidding War Between Homebuyers Dropped for First Time in Last Six Months

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In: New Home Mortgage News

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As per public property dealer Redfin, 65% of the home offers composed by Redfin specialists confronted contest on an occasionally changed premise in March 2022. That is down from an amended rate of 66.7% in February 2022, denoting the principalContinue Reading