Items Tagged with 'home buyers'

ARTICLES

  • The rise of renter nation and why it's here to stay

    High rents, home prices and interest rates should keep people renting for a while
    Nationwide, the percentage has been growing for the last 10 years, and though homeownership has been making a small comeback lately, escalating rents and continually rising home prices are keeping many households on the lease life. And it looks like it's going to stay that way for a while.
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  • Pen pals with your mortgage lender? Yeah, it's a thing

    Life is complicated. When underwriters have questions, they might reach out to you
    Did you know that underwriters often reach out to borrowers via letter? According to a piece in the Wall Street Journal, borrowers shouldn’t be surprised if they are asked to provide a letter of explanation or “comfort letter” to underwriters who are curious about mushy spots in their knowledge of the borrowers’ situations.
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  • Decreasing home sales signal homebuilder pessimism

    New home sales decrease 5.3% in June
    New home sales decreased in June but slightly increased from last year, according to the new report from the Census Bureau and the Department of Housing and Urban Development. Zillow Senior Economist Aaron Terrazas questions if sputtering permits in the first half of 2018 could possibly reflect growing homebuilder pessimism.
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  • Ryan rejects Trump’s looming trade war

    Trade war could potentially make mortgage rates unaffordable for homebuyers
    House Speaker Paul Ryan rejected President Trump’s recent trade policies, warning of the potential harm tariffs could have on the U.S economy, according to an article by Ana Edgerton for Bloomberg. Trump’s trade war has the potential to negatively impact the housing market because surging inflation could result in higher mortgage rates.
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  • Freddie Mac: Mortgage rates finally settle down

    Rates continue to decline
    Mortgage rates declined in four of the past five weeks, according to Freddie Mac’s latest Primary Mortgage Market survey. Freddie Mac Chief Economist Sam Khater says that over the past two months mortgage rates have stabilized and are finally starting to settle down.
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