Both the FHFA and FHA announced loan limits will be increasing starting first of the year. What does this new limit mean for prospective home buyers and home owners?
According to the Mortgage Bankers Association, there was an increase in mortgage applications to a 1.7 percent gain from the previous week, after consecutive declines. Positive mortgage activity [...]
The housing market has seen stable recovery, but a flood of foreclosures to hit the industry is in anticipation of 2021. About one-third of all Americans
What is home equity and why do I need it? This is a common question, but an important one. Building equity is a large part of owning a home because it can build wealth over time.
Consumers and homeowners are taking advantage of some of the lowest rates the housing industry has seen in years. Real estate is expected to hold strong through to 2021 while mortgage rates are [...]
Demand saw 25 percent above ‘pre-pandemic levels’ as eager buyers entered the summer market during state re-openings. Redfin reported that purchase applications for mortgages had a nine-week [...]
Home equity is a leading factor in the housing market. Currently, homeowners today have more value in their homes, than what they owe.
Is Forbearance Relief Meant to Help, Unintentionally Hurting Homeowners? Ventura County homeowners suffering from the economic fall out caused by the coronavirus were told they could delay their [...]