Sentences with phrase «most average home buyers»

It's a system that most average home buyers will never have any direct contact with but which nevertheless helps fuel the entire home - loan industry.

Not exact matches

But this also means that potential buyers can now find deals in some of Vancouver's most expensive neighbourhoods — as long as you don't mind an average home price that creeps up to the $ 2.8 million mark.

Vancouver topped the survey as the most expensive city, with buyers there saying they're going to shell out an average of $ 539,000 for a home, followed by Calgary at $ 474,000 and Toronto at $ 446,000.

Most current home buyers would cringe at a 5 percent home loan, but it wasn't that long ago that 8 percent was the average.

The retreat of first home buyers — who typically have smaller deposits and borrow more — from the country's most expensive markets was also likely to be pushing the average figure lower, Equifax's general manager for commercial and property products Neil Shilbury said.

Since the average time people stay in home is seven years, a 5/1 or a 7/1 ARM is ideal for most buyers.

London has one of Ontario's most affordable average home price which makes it attractive to new home buyers.

At the same time, the average interest rate on a 30 - year, fixed - rate mortgage (the type of mortgage most commonly used by U.S. home buyers) was 4 percent, according to Freddie Mac — roughly half the prevailing rate from the past 45 years during periods of full employment.

At the same time, the average interest rate on a 30 - year, fixed - rate mortgage (the type of mortgage most commonly used by U.S. home buyers) was 4 percent, according to Freddie Mac.

This article assumes that a potential home buyer earns an above average salary, has a comfortable standard of living, plans to borrow most of the money for the home purchase and will, as a result, «trap» themselves into at least a decade of mortgage payments.

But this also means that potential buyers can now find deals in some of Vancouver's most expensive neighbourhoods — as long as you don't mind an average home price that creeps up to the $ 2.8 million mark.

This means that buyers can quite often purchase a character home — one of the most sought - after housing purchases in Winnipeg — for slightly more than the core's average housing price.

For example, the average 30 - year fixed - rate mortgage, which is the most popular among home buyers, is 3.59 percent, according to Freddie Mac — just above its record low set on July 26 of 3.49 percent average.

Chinese buyers spent the most on their U.S. home purchases, averaging $ 831,800.

When a home Seller is counselled to offer a lower than average amount of selling commission to a Cooperating Brokerage, are they being advised as to how this may possibly interact negatively with a prospective Buyer's «Buyer's Agency Contract», and if so, why would such a Seller agree to proceed as such — especially, if they've been made aware of any discounts that may apply to their List Price, later, as a result of extended market time?The aforesaid is fundamental to a fiduciary responsibility — yet, I believe that most Provincial Regulatory Authorities would be reluctant to prosecute such a negligent Registrant or Practitioner because the accused would hide behind the argument they were being wrongly persecuted for offering a «competitive business model»!

Top 10 Most Important Property Listing Features for Home Buyers (Cumulative Averages, 1 = Least important, 5 = Most important):

In addition to identifying the average credit score for home buyer mortgage loans, the company's reports show which types of loans are used most, average interest rates, loan - to - value ratios and more.

Scores on most successful applicants remain well above historical averages, but significant numbers of home buyers are squeaking through with subpar scores.

Although average price is the barometer for housing values in most major centres, first - time buyers looking to achieve home ownership consider starting prices a more meaningful gauge of affordability, says the report.

Real estate is good when there are strong first time buyers shopping for houses but unfortunately most first time buyers don't have the financial means to qualify for a loan for the average San Diego detached home.

Which made Scott wonder: How much are foreign buyers and investment firms — two of the most common sources of all - cash transactions — impacting the average California family's ability to buy a home?

Hispanic buyers were willing to pay the most — an average of $ 9,146 more for a home with such features, according to the survey.

As a REALTOR ®, knowing what the average buyer values most in a home is important.