Housing Market Archives - Page 2 of 2

Mortgage Companies Are Antsy for People to Buy Again. Look Who’s Covering Appraisal Costs.

Nov 29, 2023

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United Wholesale Mortgage (UWM), a major lending company, is now offering free appraisals for some borrowers. The perk is part of an oh-so-tempting 1-0 temporary rate buydown package, available to local mortgage consultants itching to help buyers break through the current housing standstill. “So,” you ask… “What is a 1-0 buydown mortgage?” Successful loan applicants can…

Home Buying Today, for Millennials

Nov 22, 2023

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by

Deeds.com

in Real Estate

Millennials now range in age from their late 20s to early 40s. Most of the ones who can buy homes are getting to the older edge of that range. They need more money than buyers of the past. Maybe that’s why they’re waiting until later in life to buy. In short, this generation’s home buying…

Investment Opportunities to Promote Affordable Mortgages: Ginnie Mae Introduces Social Bonds

Nov 20, 2023

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by

Deeds.com

in Real Estate

Hopeful home buyers, take heart. Investors in stocks and bonds, take note. Ginnie Mae has launched Social Bonds. Ginnie Mae has published new information for investors pointing to the “significant social impact” of its bonds, as they back mortgage funding for home buyers in historically underserved communities. Its new updates should attract attention, and further…

Again, the White House Encourages Homeowners to Sell, and Renters to Buy. Is This Helping Anyone?

Nov 15, 2023

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by

Deeds.com

in Real Estate

“For millions of Americans homeownership is a foundation for so many parts of their lives,” says the White House. “And for many it is also their primary source of wealth.” With this statement, the Biden administration has announced new actions to support homeownership. Last year, the administration called its Housing Supply Action Plan “the most…

Another Shot at a Cheap Mortgage? Builder Offers 4.25% Rate in Some Cities

Oct 25, 2023

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by

Deeds.com

in Mortgage

The massive building company Lennar has been giving out 30-year mortgages fixed at a 4.25% rate in Denver. Too good to be true? No, it’s a real offer, from a company doing what it must to attract customers when it’s so hard to afford a home. Colorado buyers have to close by Halloween 2023 to…

Did They Really Just Say That?

Oct 17, 2023

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by

Deeds.com

in Blockchain

“A glut of mediocre Realtors is screwing over homebuyers,” says Entrepreneur.com. Is that just clickbait, or a serious remark? And hey! If we didn’t have agents, what exactly would home buying look like?

Latest in House Hacking: The Influencer Edition

Sep 27, 2023

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by

Deeds.com

in Real Estate

Back in 2020, it seemed to be everywhere. But we wondered just how persistent “house hacking” would be. Turns out the trend has stayed popular on real estate investment websites, in spite of (or maybe because of) a hard-to-crack housing market. House hacking is really just about buying and renting out real estate. Yet it…

“Hustle Culture”: Is This the Trouble With the Housing Market?

Sep 25, 2023

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by

Deeds.com

in Fraud

Some people are fed up with the “hustlers” of the U.S. real estate market. They criticize celebrity investors such as Grant Cardone, the host of a podcast titled “This Is Not Your Daddy’s Economy,” accusing him of promoting a get-rich-quick philosophy that exposes small investors to extreme risk.but the The hustle mentality in general, they…

Arizona and Florida Buyers: Now There’s a 1% Down Payment Option

Sep 13, 2023

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by

Deeds.com

in Arizona, Florida, Mortgage

Interest on a 30-year mortgage has topped 7%, bringing rates up to levels not seen since 2002. And with the prices of homes as high as they are right now, it’s harder to buy a home today than at any time in the past 40 years. Prices will stay high because of demand for homes…

Tag: Housing Market