With record levels of mortgage debt in the United States, paying off the money for a home can be a daunting task. This is especially true in recent months, when the coronavirus (COVID-19) pandemic has left millions of Americans without jobs and income, writes MSN. To find out where in the US the monthly ...
Buyers are rapidly returning to the housing market, lured by record-low mortgage rates and a greater need than ever to build a nest caused by the coronavirus pandemic, CNBC writes. Mortgage applications for home purchases rose 4% in the second week of June compared...
As part of the economic fallout from the coronavirus pandemic, mortgage rates have reached their lowest levels in history and refinance applications are piling up—three to four times higher than they were at this time last year, Yahoo Finance writes. If you have...
Low mortgage rates are generally the best time for potential home buyers. In addition, many Americans have recently gained easy access to mortgage loans. The Home Mortgage Development Act (HMDA) is contributing to the rise in mortgage loan denials...
The US is re-starting to issue mortgages to people who cannot provide standard proof of their income. More and more such loans are being issued, despite the fact that rising interest rates and rising house prices are limiting the demand for mortgages. Ten years ago this ...
Both U.S. home buyers and sellers will face new market conditions in the coming year. How will mortgage rates and American real estate prices change? Most likely, competition among buyers will decrease - but this does not mean that buying real estate will become...
Prices are rising, interest rates are rising—and it's becoming increasingly difficult for many in the U.S. to plan to buy a home. The most resourceful and desperate are taking a bold step: more and more Americans are falsifying certificates of work and income. According to research, the percentage of misinformation about...
The unpredictable changes in the global economy and sluggish economic growth in the US could be good news for homeowners looking to refinance their mortgages. They are currently dealing with the lowest 30-year fixed rate mortgage. On average, in the country ...