A Better Homes and Gardens Real survey said that 71% think home ownership earned, not deserved. One in three people would like a fixer upper to save money. People also want a home that has a thermostat and security system. Millennials like transparency when you are selling them a house. Key Takeaways: Alliance Credit Counseling 8000 Corporate Center Dr …
Lately, there has been an upward trend in the amount of credit available to mortgage applicants. This is a continuation of the increase that has been seen throughout the year so far. Meanwhile, lending standards have seemed to have tightened. The increased availability of credit has been attributed to jumbo loan programs and loan programs for those with lower credit …
In the article, “Single Family Home Vs. Condos: How to Know Which One is Right for You”, covers the few things everyone needs to know when deciding to choose between a small home or a condo. It shows the things one must take into consideration when deciding and even gives a guide for those who need it most. Key Takeaways: …
In the U.S., going through primary and secondary education is a walk in the park. Almost everything is being paid for by the government. However, once a student steps into college, things cannot be the same. That person, along with the parents, need to pay for his college tuition. This is where things can get a little rough. Most parents …
In a recent blog series on housing finance reform, the U.S. Treasury Department discussed the need to allow access to mortgage credit when the economy is both thriving or stagnant. Another topic covered was the need for finance reform in order for all Americans to have access to affordable housing. A third area covered by the Treasury was about creating …
Rent prices have been on the rise as seen from data from the past year. This is generally true for the entirety of America but there are some exceptions to this trend. An example is New Jersey whose average monthly cost dropped by 1.3%. The largest increase in monthly average rent occurred in Rhode Island with 7.1%. Average rent is …
It’s hard to balance your needs, wants and finances—almost every aspect of your life—when buying a new home. The sheer range of choices and decisions can lead to “paralysis by analysis” for prospective home buyers. Over analyzing when buying a home is perfectly understandable, but the crucial question is: How can you get past it? Key Takeaways: 9 Tips Home …
A dramatic drop in bank foreclosure activity in 2016 brought the national level of foreclosure filings down to a level unparalleled since 2006. According to ATTOM Data Solutions filings dropped month on month in 2016, despite the traditional push in the final quarter of 2016 from banks to clear out legacy foreclosures, predominantly for loans originating between 2004 and 2006. …
Consumer confidence fell further in November as Britons grew more anxious about their financial situation and the country’s economic prospects over the coming months, a survey published in the U.K. Wednesday showed. The long-running barometer of consumer confidence, conducted by market researchers GfK U.K. Ltd. for the European Union’s executive, fell by five points in November, after a two-point decline …
The house you purchase is likely to have a mortgage on it. If you take out a new mortgage to fund your purchase, the new lender will make sure that the old mortgage is paid off. But if there is no new lender, you must do this yourself to make sure you are getting a lien-free property. If you don’t, …