The average credit rating for those looking to buy a home looking for a 30-year fixed-payment mortgage is 755. These are mortgages that cover 80% of the value of the property, up to $ 453 nationally ...
Buying your first home is an important step in the life of every US resident and is often the biggest purchase of their lives. For decades, people have saved money for years to put off the 20 percent down payment that was needed ...
U.S. home sales fell unexpectedly in June, the third straight monthly decline, as home prices rose to record levels as a result of persistent tightness in the real estate market. The National Association of Realtors (NAR) reported that the housing market is lagging...
Owning a home is a dream for many Americans, but high real estate prices make it difficult to achieve. The average American buying a home in America will take about 6 and a half years to set aside money to cover the 20% mortgage payment, and in some places ...
If you want to know how to get a mortgage with bad credit, you should first find out what credit rating is considered bad. It starts with an FICO score of 579 and below. Loans for people with bad credit history are available in the USA, ...
In California, a court sentenced 10-year-old mortgage specialist Alexander Kovalev to three years and 54 months in prison for fraud involving financial institutions, according to a press release from the US Department of Justice. Kovalev has been developing, building and selling real estate in Sacramento, Fairfield ...
Two scammers from Miami-Dade, Florida pleaded guilty in federal court to pulling off a fraud that cost the bank $ 10 million. Michelle Cabrera, 48, and Pelia Melian, 39, committed mortgage fraud to get money from the bank. The maximum penalty for ...
The US Federal Reserve System is raising interest rates for the second time. This happened 3 months after the last increase. According to the nbcbayarea.com TV channel, this decision speaks of the stability of the US economy. At the same time, the next increase in the FRS will lead to higher rates on ...
The leadership of the US Federal Reserve System announced an increase in the interest rate by 0,25 percentage points. Economists are confident that one way or another, a change in one of the key macroeconomic parameters will affect all spheres of life. Prices will rise, mortgages will rise in price, loan rates will rise. But…
To buy a house, it takes about a year to get your finances in full order, experts say. So - if you plan to purchase a new home in the next 6 months (for example, in the spring), you need to start preparing now. If you start financial planning earlier,...