Not exact matches
Post-recession,
as interest rates have decreased and lending restrictions have
become less strict for most
homebuyers, the same has happened for people trying to get jumbo mortgage loans.
As we flourished post-bust, we
became the kind of lender that really can do it all, providing
homebuyers with the service and integrity of a hometown bank right alongside the low rates and product selection of one of the big guys.
As financial institutions are cutting credit lines and refusing to issue consumer credit, it seems that FHA's willingness to consider alternative credit documentation may
become more important for
homebuyers who have not established traditional credit lines.
From an article by Rob Chrisman on Mortgagenewsdaily.com, I
became aware of a new Fannie Mae program that allows a limited number of first time
homebuyers in Massachusetts, Wisconsin, Minnesota, and Idaho to purchase homes with
as little
as $ 1000 down.
The government - backed loans from FHA (Federal Housing Administration) were once viewed
as only for first - time
homebuyers, but since the housing crisis, FHA loans have
become the go - to option for even subsequent homeowners.
As momentum gathered for registering the location of sex offenders, the question
became, Who would be responsible for providing this information to homeowners and prospective
homebuyers?
A shorter loan period would mean the lifetime cost of the home is lower, and some households may be able to absorb the extra monthly cost on their mortgage, but in the nearer term, first - time
homebuyers or buyers on the margin could feel a real pinch
as homeownership
becomes significantly less affordable.»
«Searching home listings while on the go has
become a top - priority for today's
homebuyers and sellers,
as they're
becoming more interested in convenience,» says John Smiley, RE / MAX Technology Strategy Officer.
Women's success in homeownership is an inspiring feat —
as they've had to balance the gender wage gap and higher mortgage rates — and, despite these developments that have assisted women
homebuyers, their personal willingness and sacrifice to
become homeowners is where the credit is due.
As more parents contribute to a higher stake in their adult children's home purchases, not only do they
become a stronger influencer, they also find themselves exposed to higher risks of loss, if the
homebuyers do not have a fool - proof exit plan for the home in this unpredictable market.
Some industry experts predicted that
as home prices
become too heated in the most expensive markets in America and far outpace wage growth,
homebuyers will give up on those markets and buy in the city outskirts, or in other more affordable markets.
Post-recession,
as interest rates have decreased and lending restrictions have
become less strict for most
homebuyers, the same has happened for people trying to get jumbo mortgage loans.
«In addition to knowing about counseling programs, it's important for you to shepherd buyers through the process — especially
as the country's
homebuyers become more diverse,» says Maples.
Here's how it works: • A member of the real estate community pays $ 50 a month to
become a Giveback Homes member • When they sell a house they can donate any portion of their commission to Giveback Homes • 100 percent of their donation goes to the build of a home • Once someone is a member, they receive a digital package so they can use the Giveback Homes logo in advertising and on business cards
as a way to differentiate themselves from other REALTORS ® • REALTORS ® are testifying that
homebuyers and sellers have chosen to work with them over other Realtors ® because of they are a Giveback Homes member.