Items Tagged with 'Homeownership'

ARTICLES

  • Help prospective homebuyers leave renting behind — partner with a mortgage broker

    A mortgage broker can help underscore the financial benefits of homeownership
    Potential buyers interested in making the switch from renting to buying a home often hesitate due to worries of more costly monthly payments or having to be ready with a big down payment. But these fears are often grounded in misinformation. And that’s where real estate professionals can provide guidance by partnering with an independent mortgage broker.
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  • From HW Magazine

    Life of loan premium policy hurts borrowers and FHA

    Life of Loan has outlived its usefulness
    For 85 years, American families of modest means looked to the Federal Housing Adminstration for affordable mortgage loans to attain the dream of homeownership. But these homeowners, many of whom are minority and first-time homebuyers, now face a rude awakening. They will be saddled with years of excessive premium payments amounting to tens of thousands of dollars.
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  • More renters than ever before say renting is cheaper than buying, but are they right?

    Freddie Mac survey reveals more than a third believe homeownership is less accessible
    Most Americans who rent their homes think this option is more affordable than buying. According to a recent survey by Freddie Mac, 82% of renters now view renting as more affordable than homeownership, that’s up 15 points from last year and an all-time high for the survey. But are they right?
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  • Expert: Here’s how lenders can reach the Hispanic market

    And what the benefits are of doing so
    Over the past 10 years, Hispanics counted for 62.7% of net U.S. homeownership gains – and that trend isn’t expected to die down soon. There are several things that lenders can do in order to reach this expanding market, according to Marisa Calderon, National Association of Hispanic Real Estate Professionals executive director and 2018 HousingWire Women of Influence winner.
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  • Ellevest CEO: Women are not a niche market

    Women are half of the population, how come they don't invest like it?
    Women are half of the world's population, but you wouldn't know that by looking at how they invest their money. In a fireside chat at the Lendit Fintech Conference in San Francisco, Ellevest CEO and Co-Founder Sallie Krawcheck detailed what it takes to get women more involved with investing their money and wealth.
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  • Homeownership rate rises to four-year high as Millennials are finally buying homes

    More renters appear to be buying
    What so many in the housing industry have waited years for appears to be finally happening: Millennials are buying homes. Back in September, after existing home sales fell to a three-year low, it appeared that many younger would-be buyers were turning to renting instead of buying. But things look much different just a few months later.
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  • [Pulse] Housing industry reacts to Gary Vaynerchuck's homeownership slam

    Ryan Serhant, Casey Crawford, Mat Ishbia, Kristy Fercho and Anthony Casa weigh in on the controversy
    Recently, I wrote an article about a video of Gary Vaynerchuk slamming homeownership during an appearance on the Cannonball Mindset podcast. His comments sent ripples through the housing industry as professionals working in the real estate and mortgage worlds weighed in on a topic that directly effects their bottom line. I reached out to some of the best in the business to get their opinion on homeownership. Is Vaynerchuk right, or does homeownership represent not only the American Dream, but the American Opportunity? Here’s what they had to say.
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  • [Pulse] Gary Vaynerchuk says homeownership is BS, but I don't care

    It may have gone viral, but pay no attention to the high-profile entrepreneur's remarks
    Industry interweb locales were on fire this past week when Gary Vaynerchuk – a sought-after motivational speaker, best-selling author and respected tech entrepreneur – slammed homeownership in a podcast interview that went viral. "I do not think the American dream should be buying a home anymore… It's a bad use of upfront capital, and it ties you up and it’s just not smart," he said. Are you enraged yet? If so, you're not alone.
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  • FICO: Student debt creates a pull on credit scores

    Practices of consumers who see an increase in credit score
    In today’s competitive housing market, there are many factors that help determine whether a person is ready to buy – rather than rent – their next home. To better understand the profile of individuals who are taking the next step in their financial journey, FICO researched how previous financial milestones impact the readiness to open a mortgage among Millennials.
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  • Student debt crushes homeownership dreams

    Survey reveals women and Millennials are most impacted
    Student loan debt has racked up a collective $1.5 trillion bill for 44 million Americans, and its crushing people’s homeownership dreams. According to a recent survey by NeighborWorks America, people with student loans are delaying purchasing a home, with many worried about their debt most or all of the time.
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