The homeownership rate has reached its lowest point since 1995. Capital Economics predicts further declines before a rebound occurs. The analytics firm predicts that the homeownership rate will fall to a low of 64 percent. If and when it does, ...Read More »
It’s very unlikely that a significant housing bubble is forming, most experts say. For example, reports from Capital Economics and Redfin asserted no such bubble is forming – at least not on a national level. Capital Economics recently addressed concerns ...Read More »
Many homeowners are unsuspecting victims of medical problems, ranging from asthma attacks to lung cancer, caused by components and conditions in their residences. This was revealed in a new study by the Environmental Protection Agency and the Department of Housing ...
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Does homebuyer counseling really lead to significantly lower mortgage default rates? The answer is yes, according to several recent studies. One such study by NeighborWorks America found that borrowers who went through a prepurchase counseling program were nearly one-third less ...
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Homeowners and investors are asking a key question: How much will home values rise in coming months and years? Highly credible analysts and organizations are projecting varying degrees of value appreciation. Here’s a sampling: One bullish projection comes from JPMorgan ...
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The hottest seasons for vacation home sales are spring and summer. You may now be planning such a purchase, but be aware of the challenge you may face when shopping for a mortgage loan. Many vacation-home buyers are finding tougher underwriting requirements and other obstacles when seeking a financing loan, tougher than loans to finance primary-residence homes.
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