Category Archives: Mortgage
Student loan debt is hurting the housing market, survey finds
Source: Washington Post Nearly three-quarters of people who are repaying student loans say their debt is hindering them from buying a home. The survey found that many would-be homeowners are increasingly burdened by student debt, according to the...
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Baby Boomers in Position to Control Market’s Direction
Source: DSNews.com Baby boomers control about two-thirds of the nation’s aggregate home equity, which computes to about $8 trillion. This sizeable number indicates this demographic group is in a position to greatly influence where the housing...
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Renters value homeownership but face affordability challenges when it comes to...
Source: C.A.R. Current renters value homeownership and want to buy a home but many are encountering affordability and financial obstacles that prevent them from buying, according to the CALIFORNIA ASSOCIATION OF REALTORS®’ (C.A.R.) “2016...
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Talking Points …
• In May, more people than ever say it is a good time to sell your home, according to Fannie Mae’s Home Purchase Sentiment Index, an index which polls 1,000 Americans to assess their attitudes towards various aspects about owning and renting a...
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U.S. Houses Are 61 Percent Bigger Than 40 Years Ago and...
Source: Builder The median size of a new single-family house was 2,467 square feet last year, the biggest on record, according to Census Bureau data released recently. With all that floor space, homes are 61 percent larger than the median from 40...
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There’s a Major Change to Mortgages Coming This Summer
Source: Yahoo Finance Fannie Mae announced back in October that it wants to simplify the mortgage lending process for lenders and borrowers alike. Those changes are about to take effect, so here's a quick brush-up on what to expect as you begin...
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