The lack of small-dollar mortgages is preventing Americans from purchasing affordable homes
The lack of small-dollar mortgages is preventing Americans from purchasing affordable homes
Families on a more modest income are finding it harder to buy smaller houses with smaller mortgages.
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Families on a more modest income are finding it harder to buy smaller houses with smaller mortgages.
Families on a more modest income are finding it harder to buy smaller houses with smaller mortgages.
For decades, Americans have relied on mortgages to purchase a home. But experts say that several aspects of today's mortgage market including cost, the lack of small-dollar loans and lender bias have all greatly hindered Americans from owning their own property.
For decades, Americans have relied on mortgages to purchase a home. But experts say that several aspects of today's mortgage market including cost, the lack of small-dollar loans and lender bias have all greatly hindered Americans from owning their own property.
The Department of Housing and Urban Development said it wants to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal.
The post HUD’s small-dollar mortgage plan still hazy appeared first on HousingWire.
The Department of Housing and Urban Development said it wants to make it easier to finance small-dollar mortgages, but has yet to spell out how it will accomplish that goal.
The post HUD’s small-dollar mortgage plan still hazy appeared first on HousingWire.
A drop in refinance activity for rate-term refis and cash-outs meant purchase locks accounted for 82% of all rate locks in May.
The post About 82% of origination comes from purchase mortgages appeared first on HousingWire.
A drop in refinance activity for rate-term refis and cash-outs meant purchase locks accounted for 82% of all rate locks in May.
The post About 82% of origination comes from purchase mortgages appeared first on HousingWire.
A gated community is a collection of properties that are only accessible to residents and their guests due to (you got it) a gate or wall across any entrance or exit roads. Gated communities may be found all over the United States, so if you're seeking to buy a property, you might wonder: Would you wish to live behind those gates?What you should know about gated communitiesWhile it may sound luxurious, gated living has both benefits and drawbacks. So, before you buy a house inside one, consider ...
A gated community is a collection of properties that are only accessible to residents and their guests due to (you got it) a gate or wall across any entrance or exit roads. Gated communities may be found all over the United States, so if you're seeking to buy a property, you might wonder: Would you wish to live behind those gates?What you should know about gated communitiesWhile it may sound luxurious, gated living has both benefits and drawbacks. So, before you buy a house inside one, consider ...
We’re keen to hear from homeowners in the UK who would like to downsize but have not felt able to do so.Whether you’ve been feeling unable to move to a smaller home because of financial concerns, practical or emotional reasons, or any other reason, we’d like to hear from you.Share your experienceTell us what prevents you from downsizing to a smaller home if that is something you'd like to do.Please share your story if you are 18 or over, anonymously if you wish. For more information please...
We’re keen to hear from homeowners in the UK who would like to downsize but have not felt able to do so.Whether you’ve been feeling unable to move to a smaller home because of financial concerns, practical or emotional reasons, or any other reason, we’d like to hear from you.Share your experienceTell us what prevents you from downsizing to a smaller home if that is something you'd like to do.Please share your story if you are 18 or over, anonymously if you wish. For more information please...
Lenders can utilize blockchain technology to originate fully digital, tokenized mortgage assets on the chain. How does it work, and how can mortgage companies benefit from integrating with this technology?
Lenders can utilize blockchain technology to originate fully digital, tokenized mortgage assets on the chain. How does it work, and how can mortgage companies benefit from integrating with this technology?
They're $20 each, only 5% convert - that's $400 per qualified lead! With quality like that, maybe Zillow should be paying YOU - not the other way around. There is a better way - and today, award-winning real estate coaches Tim & Julie Harris present a 12-step plan to overcome buyer-lead addiction. If you're powerless over buyer leads - if your life has become unmanageable - then start your road to recovery on today's show!
Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTu...
They're $20 each, only 5% convert - that's $400 per qualified lead! With quality like that, maybe Zillow should be paying YOU - not the other way around. There is a better way - and today, award-winning real estate coaches Tim & Julie Harris present a 12-step plan to overcome buyer-lead addiction. If you're powerless over buyer leads - if your life has become unmanageable - then start your road to recovery on today's show!
Schedule A Free Coaching CallVisit Tim & Julie Harris OnlineListen on iTu...
Kwasi Kwarteng and Liz Truss have expended a lot of political capital by abandoning their policy to abolish the 45% top rate of income tax after a week of increasing hostility from MPs and economists. But how has Monday morning’s humiliating U-turn gone down with markets, and has it reversed some of the mini-budget’s turbulent impact on home loans, government debt and the pound?What does it mean for mortgages?Last week’s “carnage” in the home loans market resulted in 40% of all product...
Kwasi Kwarteng and Liz Truss have expended a lot of political capital by abandoning their policy to abolish the 45% top rate of income tax after a week of increasing hostility from MPs and economists. But how has Monday morning’s humiliating U-turn gone down with markets, and has it reversed some of the mini-budget’s turbulent impact on home loans, government debt and the pound?What does it mean for mortgages?Last week’s “carnage” in the home loans market resulted in 40% of all product...
While editing this issue, I haven’t been able to get Joni Mitchell out of my head. Yes, that Joni Mitchell—specifically, her 1970 hit “Big Yellow Taxi” and the line “You don’t know what you’ve got till it’s gone.” I miss my small garden. Sure, when I had less than 2,000 square feet of green space I would complain constantly because it seemed like I never had enough room for the plants I wanted. And it was maddening. But more than a decade ago I moved, and gained more space—a ...
While editing this issue, I haven’t been able to get Joni Mitchell out of my head. Yes, that Joni Mitchell—specifically, her 1970 hit “Big Yellow Taxi” and the line “You don’t know what you’ve got till it’s gone.” I miss my small garden. Sure, when I had less than 2,000 square feet of green space I would complain constantly because it seemed like I never had enough room for the plants I wanted. And it was maddening. But more than a decade ago I moved, and gained more space—a ...