FHA - backed mortgages — a favorite
among younger homebuyers who don't have much money saved up for a down payment, and who are willing to pay additional mortgage insurance premiums — are in most cases off limits for borrowers with DTIs exceeding 43 percent.
The real estate agents of yesteryear led with their local market wisdom, a strategy that remains very relevant, especially in the midst of an ever - increasing «live where you play» mindset
among younger homebuyers.
The 15 year - fixed rate mortgage is popular
among younger homebuyers with sufficient income to meet the higher monthly payments to pay off the house before their children start college.
Not exact matches
Term life plans are popular
among parents of
younger children, people with debt, potential
homebuyers or people who own a business.
Term life plans are popular
among parents of
younger children, people with debt, potential
homebuyers or people who own a business.
Fire pits consistently poll well
among potential
homebuyers (especially
younger ones), and came in first in expected popularity of design elements, according to the Residential Landscape Architecture Trends Survey.
Among the top differences between the «
younger» and «older»
homebuyers was how far they moved from their previous home.
Despite visual content growing in popularity and importance, older
homebuyers found virtual tours more useful than
younger buyers (45 percent
among the Silent Generation and baby boomers compared to 36 percent
among millennials).
Redfin's Q1
homebuyer survey found that these rising debt loads are delaying homeownership
among young Americans.