A recent TD bank survey reveals that just one in five homebuyers are familiar with affordable loan programs. Findings from the survey fuel growing concerns among real estate professionals that lenders are not providing enough information to borrowers about the programs. Of the 150 real estate professionals surveyed, 70 percent expressed a desire for lenders to make affordable loans, such …
According to a recent survey by BMO Harris Bank, the majority of Americans (80 percent) across all ages say they are knowledgeable about how to achieve a good credit rating. Half check their score once a year, while 30 percent check it every few years or less. One fifth do not know their score. On average, Americans believe a good …
Moving is one of the most difficult things you’ll ever do, with most feeling the stress build from the moment the decision is made. Find out how to cope with the move in this infographic filled with tips and suggestions for the whole family.
From indecisive, lazy, narcissistic and boomerang generation, these are all names given to millennials who are unwilling or unable to leave their parents’ home. They have even been labeled the Peter Pan generation – they just don’t want to grow up. However, what is becoming more apparent to marketers is the fact that these consumers will drive the economy in …
The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for July 2014 shows mortgage applications for new home purchases increased by 2 percent relative to the previous month. This change does not include any adjustment for typical seasonal patterns. By product type, conventional loans composed 68.8 percent of loan applications, FHA loans composed 16.1 percent, RHS/USDA loans composed 1.5 …
So you think you are going to get your dream house if you have the highest bid. These days you might not find this to be true. In today’s real estate market, having the highest big isn’t enough. Many buyers do believe this to be true, but this is not always the case. Sellers nowadays want other things rather than …
Five Ways to Save for Your First Home Loan Buying a house is always an exciting time, you have found the perfect place and can’t wait to finalize the move so you to start looking for the best home loan to suit you and your family. This can be a long drawn out process – but given the correct information …
You might have heard that this year the real estate market belongs to the sellers and buyers do not have much edge this time around. We talked to an industry expert and he had something totally opposite to suggest. If you are a first-time home buyer, you should buy a house in the next five months. Indeed, both the rates …
Finally decided to be a homeowner? Great move, but before you step into the housing market, be sure to consider your finances and get them in order. Ascertain that your financial situation is stable enough and that you are a serious buyer. We talked to some of the industry experts and here is what they advised. Assess your cash flow …
