Recession: Likely Correction: Maybe Crash: Unlikely Recession Housing Recession = Loss in Construction Jobs In the last 10 years, home builders have been busy. But, housing supply doesnât have a cartel like oil suppliers have OPEC. So, most builders & many city councils got overzealous…
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Whether youâre an existing homeowner, or a desperately prospective one, you probably already know that the housing market is absolutely bonkers. The topics du jour are bidding wars, skyrocketing home prices, expensive lumber, and a lack of homes for sale. And it doesnât seem to be getting any better for those who wish to buy… Read More »The Housing Market Is Nuts, But Probably Has a Lot More Upside
The post The Housing Market Is Nuts, But Probably Has a Lot More Upside appeared first on The Truth About Mortgage.
There’s no shortage of beautiful spots in Oregon.
The post The Best Places to Live in Oregon in 2022 appeared first on Apartment Living Tips – Apartment Tips from ApartmentGuide.com.
If you’re the owner of a condo or townhouse, you probably know how difficult it can be to make improvements. However, it’s not impossible – and you can even add value to your home by changing things up on the inside. In this article, we’ve outlined our top five risks and condo improvement tips that… View Article
The post How To Boost Your Condoâs Value Without Hurting Your Wallet first appeared on Total Mortgage.
Today’s mortgage and refinance rates Average mortgage rates barely moved yesterday, just inching higher. On Thursday, Freddie Mac published its weekly average for conventional 30-year, fixed-rate mortgages. It was 6.33% […]
With every New Year, you may find yourself considering homeownership as a future goal. Whether you’re looking to get a mortgage now or in several months, it’s never too late – and in many cases, the home-buying process may be faster than you think. In this article, we’ll outline just how quickly you can close… View Article
The post Reasons to Get a Mortgage for the New Year first appeared on Total Mortgage.
In a bid to help more renters become homeowners, Fannie Mae has introduced a new âinnovationâ that will incorporate rental history into its automated underwriting system. The added feature, which will launch on September 18th, 2021 via Fannie Maeâs Desktop Underwriter (DU), automatically identifies recurring rent payments in an applicantâs bank statement data. This will… Read More »Your Positive Rental History Will Now Help You Qualify for a Mortgage
The post Your Positive Rental History Will Now Help You Qualify for a Mortgage appeared first on The Truth About Mortgage.
Figure teams up with Ready Life to offer home loans with no credit … Mortgage Professional
These plans, which have been in the works for the past three years, aim to advance racial equity and “provide flexibility to address customer needs more quickly.” Wells Fargo said it will replace minority homeownership lending commitments it made seven years ago and expand its existing $150 million Special Purpose Credit Program (SPCP). Initially focused … [Read more…]