The market gyrations following the United Kingdom’s vote to leave the European Union have an upside for mortgage lenders, as already-falling interest rates are expected to boost home purchases and refinancing.
There are many people in today’s society that not only want to own property in a given area, but feel that if they don’t buy up a home or a residence, then they will literally fall behind in the financial side of their lives.
By Brian Collins May 25, 2016 The head of the Federal Housing Administration has informed lenders that loans receiving down payment assistance can continue to benefit from government insurance, despite past questions over the legality of certain assistance programs. Ed Golding, HUD’s principal deputy assistant secretary for FHA, wrote in a recent letter to […]
New-home construction rose in April, extending a pattern of gains and losses that signals the homebuilding industry is contributing little to economic growth.
Finding an experienced contractor to handle my remodeling job was the smartest thing I’ve ever done. I spent many years wasting my time and money on hiring friends and cheap handymen to handle my remodeling needs.
Mortgage applications for new home purchases slipped 11% in April from the month before, according to the Mortgage Bankers Association’s Builder Application Survey. The decline can be attributed to a surge in applications for new homes in February and March, said Lynn Fisher, MBA vice president of research and economics, in a news release Friday. […]
Caris and Jon Li were doubtful when they first heard about the home buyer assistance program NeighborhoodLIFT. “It seemed too good to be true,” Caris Li said. But after receiving $15,000 in 2012 to help pay for their duplex in St. Paul’s Hamline-Midway neighborhood, the couple is encouraging others to give it a try. On […]
Consumer confidence in the housing market rebounded in April from an 18-month low the month prior, Fannie Mae reported Monday.
Our home is our castle, and it’s important that it makes us feel comfortable. I shopped around for months before making my decision, so it only makes sense that I put equal care into remodeling.
Home builders in Ocala or prospective homeowners may have many reasons for opting to build a newer home rather than buy a much older, existing home.