Today’s mortgage and refinance rates Average mortgage rates fell yesterday. And suddenly they’re back within their uberlow range. Indeed, one more drop like yesterday’s and they’ll be at their all-time […]
Thanks to a new policy, FHA is now accepting DACA home loans. Learn about the pros and cons of FHA loans and whether you qualify for financing.
Looking for the perfect home on the real estate market? Unfortunately, it can be tricky if you have unpaid taxes. Failing to pay your federal income taxes can lead to the Internal Revenue Service placing a lien on your property or your assets. These legal tools protect the government’s ability to get its money. They also set off alarm bells for… Read More
The post Can You Buy a House if You Owe Taxes? appeared first on Credit.com.
The homeownership rate of millennials is 8% lower than it was for Gen Xers and Baby Boomers when they were the same age, according to a new report by the Urban Institute. So why are younger generations struggling to obtain a home at the same rate as their parents were? In its Millennial Homeownership report, […]
The post This is why millennials struggle to buy homes appeared first on RealtyBizNews: Real Estate News.
Single and ready to buy a home? According to a new analysis, single homeownership is at its highest rate since at least 1900.
While you might be mentally ready to buy a home, your financial situation might tell a different story and will indicate if you’re ready to buy a house.
The post 5 Telltale Signs That You May Not Be Ready To Buy a Home appeared first on Real Estate News & Insights | realtor.com®.
You don’t have a separate rating called a mortgage credit score, but lenders do look at your score, credit history and several other factors when deciding whether to approve you for a home loan. Contrary to what some people think, though, you don’t necessarily need an excellent or good credit score to get a home loan. How high your score… Read More
The post What Should My Mortgage Credit Score Be? appeared first on Credit.com.
Housing prices are on the rise in Colorado making it more challenging than ever to become a first-time homeowner. Thankfully, the Colorado Housing and Finance Agency (CHFA) has several home buyer programs and grants for down payment and closing cost assistance for first-time homebuyers. Get Pre-Approved for a Mortgage and Check Rates National First-Time Homebuyer […]
The post Colorado First-Time Homebuyer Programs appeared first on The Lenders Network.
Affordability issues generally affect renters more than homeowners. More than 40% of renters pay more than a third of their household income on rent compared to just 24% of homeowners on their mortgage, according to a February 2020 survey by … Continue reading →
The post Where Rent Has Become More Affordable – 2020 Edition appeared first on SmartAsset Blog.
Workers younger than age 40 make the most money in these metro areas.