A combination of strong demand, low inventory of existing homes, and constraints on new construction due to labor and supply shortages have se…
Q: We live in a west coast Florida beach town. We applied for a cash out refinance in June 2021, so that we could consolidate our finances and pay off our mortgage on a long-held home in the north.
With prices rising so rapidly, some observers fear that houses are overvalued and that if the bubble bursts, the economy could see a prolonged…
Sales of previously owned U.S. homes rose in September by the most in a year, suggesting a slight easing in home-price growth and lower mortgage rates a month earlier provided a tailwind for demand. Contract closings increased 7% from the prior month, the most since September 2020, to an annualized 6.29 million, figures from the National Association of Realtors showed Thursday. The median ...
Q: I divorced my husband two years ago. He signed a quitclaim deed giving me the house. There is a loan on the home, but my name was never on the loan.
The Tunnel to Towers Foundation paid off a Midland Gold Star Family's mortgage in full along with 50 other families' mortgages across the country.
Less likely to be tied down by family and mortgages, young people tend to be more mobile than their older counterparts. Cheaper cities where p…
Pent-up demand from the pandemic, low interest rates, and a shortage of properties have created a booming housing market with near record leve…
Q: I inherited 20% of a home with a mortgage. The person who owns 80% wants to keep the house. How do we divide the property? Should I get 20% of the appraised value or 20% of the equity of a house? There are enough other assets in the estate to pay me either way.
When COVID-19 hit America and sent people fleeing from small apartments in the biggest cities, it immediately propelled rent and home prices i…
Q: The way the real estate market is going, if my husband and I sell our house, we will more than likely sell high and be buying high, making it a “wash.” I know that no one can predict the future, but if we are buying high this year, do you think that we will get our money back on the “new” house in 8 to 10 years?
Q: I sold a house and paid off my mortgage. I received a satisfaction letter but no return of my original note from my big box servicer lender. I called several weeks later to request the return of the promissory note and was informed it is not their policy to return notes. How can I get my note back from these thieves?
Mortgage interest rates are hitting historic lows. In order to take advantage of them, make sure your credit score is in order. Source by: Stringr
Selling your house and buying another home at the same time is the ultimate feat in multitasking, and it comes with a tricky timing challenge. If you have a mortgage…
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a new segment we’re calling Buzzwords, where we discuss terms you’ve probably…
Welcome to NerdWallet’s Smart Money podcast, where we answer your real-world money questions. This week’s episode starts with a new segment we’re calling Buzzwords, where we discuss terms you’ve probably…
When the COVID-19 pandemic reached the U.S. in 2020, the public health crisis was accompanied by an economic disaster as well. For many, one of the biggest worries was housing, with homeowners concerned about falling behind on mortgage payments.
What could the President's affordable housing plan mean for you and your family? A discussion with Natalie Campisi, Mortgage and Housing Analy…
Despite high demand in both home purchases and mortgage refinancing, many lenders have tightened up their borrowing standards due to the economic uncertainty of the pandemic, and hopeful loan applicants may find it hard to get approved.
PennyGem’s Elizabeth Keatinge tells us how you can save for a down payment on your dream home.
Buying a home is a very complicated transaction, making it easy to fall for some of the most common and costly home buying myths. PennyGem’s J…
The Federal Housing Finance Authority (FHFA) and Department of Housing and Urban Development (HUD) announced on Dec. 2 it will extend its foreclosure and eviction moratorium through Jan. 2021—the moratorium was originally slated to expire at the end of December. This means that if you have a federally backed mortgage, you can’t be foreclosed on […]
The COVID-19 pandemic will continue to touch every corner of the housing market in 2021. It will keep mortgage rates low and affect who will be able to buy homes.…
In many cities, construction workers—the people building the new supply of homes—are being priced out of the housing market.
Amid record-breaking unemployment numbers resulting from COVID-19, millions of Americans are struggling to make their mortgage payments in 2020.
