Articles Tagged with ''homebuyer''

Direct homebuyer OfferPad expanding to Charlotte

Will become company’s 8th market
OfferPad, which buys homes directly from homeowners through its own platform, is expanding again and plans to keep growing. The company currently operates in Atlanta, Phoenix, Tampa, Orlando, Las Vegas, Salt Lake City and Los Angeles. And now, OfferPad is expanding to Charlotte.
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Fannie Mae CEO: We’re focused on reducing appraisal turnaround times

Pleased with pilot valuation programs
Access to smartphones is redefining consumer expectations and getting a mortgage is a “wildly different” experience for homebuyers when compared to other online transactions. And not in a good way, according to Fannie Mae CEO Timothy Mayopoulous. “With Amazon shopping one click away and streaming Netflix on your smartphone, looking for a mortgage is a wildly different digital experience,” he said in an interview this morning after reporting another profitable quarter.
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Trulia: Buying a home still cheaper than renting

Price to rent still outpaces rising home prices
Trulia’s new study shows that despite rising home prices, it is still cheaper to buy a home than to rent. While there’s talk about a rate hike this year, Trulia explains why potential homebuyers shouldn’t be concerned.
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Why mortgage lenders don't yet grasp Millennials

The truth is out there and you're getting closer
Millennials represent a huge population of untapped potential when it comes to homebuyers. As Millennials get older and start thinking about buying a home, lenders struggle to connect with this generation. This is the perfect example.
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Radian launches homebuyer education website for consumers

Mortgage insurer provides information for buyers, sellers
It’s no surprise that various entities maintain homebuyer education tools available for consumers, including the Consumer Financial Protection Bureau, Fannie Mae, the Mortgage Bankers Association, and others. But a new homebuyer education tool is coming, from another source – a private mortgage insurer.
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Survey: 45% of non-homeowners say finances keep them from buying

Nearly 30% say they can’t afford a down payment
Nearly half of all non-homeowners say that their financial situation is preventing them from buying a home, a new report from Bankrate.com showed. According to Bankrate’s survey, nearly 30% of all non-homeowners say that they can’t afford a down payment, despite only needing to save 3%.
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Four reasons why 2016 is a good time to buy a home

"All key economic indicators are ripe"
Given the recent history of the housing market and Americans’ increasing need to stay mobile, it is understandable that it can be nerve-wracking to invest your hard-earned money in a home. However, unlike years past, all key economic indicators are ripe and there are two major changes to the mortgage process that help make 2016 a good year to buy a home.
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