The housing market is feeling the effects of rising mortgage rates, with pending home sales pulling back to year - lows last month
as homebuyers struggled to put purchases in play, according to the National Association of REALTORS ® (NAR).
Not exact matches
Mortgage rates have already risen in Canada in the past month and more is likely to come
as potential
homebuyers are already
struggling with more stringent qualifying criteria and particularly non-bank lenders are confronted with new mortgage insurance rules.
Homebuyers are
struggling to find affordable housing on the North Shore, in Richmond, in Burnaby even
as far
as Langley.
As a seller's market emerges,
homebuyers are
struggling to find houses for sale.
That said, I was rather intrigued to find out that mortgage loan insurance providers, such
as Genworth and CMHC, provide ongoing solutions to
homebuyers struggling to make payments.
In hot markets, salespeople are
struggling to fill shrinking inventories
as homebuyers line up at their doors.
JPMorgan announced a 3 % down mortgage this week
as well, giving prospective
homebuyers, especially first - time
homebuyers who are
struggling to save up for a down payment, have a new, and significant, outlet that they can now turn to.
A USDA loan, formally known
as the USDA Rural Development Guaranteed Housing Loan program, is an attractive program for
homebuyers struggling to overcome one of the largest obstacles to achieving homeownership: down payment.
Homebuyers are
struggling to find affordable housing on the North Shore, in Richmond, in Burnaby even
as far
as Langley.
This should not be a surprise,
as many
homebuyers are reported to have been
struggling in today's overheated housing climate.
JPMorgan announced a 3 % down mortgage in late May
as well, giving prospective
homebuyers, especially first - time
homebuyers who are
struggling to save up for a down payment, have a new, and significant, outlet that they can now turn to.