Buying a turnkey property can often max out a borrower’s budget. But a renovation loan like a 203(k) can help borrowers get the home of their dreams without breaking the bank
With job growth stable, office space will be in demand
One measure would require servicers to provide certain borrowers with foreclosure protections more than once over the life of the loan.
The FDIC has released a set of instructional videos that aim to help mortgage professionals understand how to comply with these rules.
Homes priced $1 million or higher rose in October, as did the U.S. stock market. Is there a correlation?
“Buyers continue to be encouraged by interest rates at lows not seen since last summer, improving levels of inventory and stabilizing price growth,” said Lawrence Yun, NAR chief economist.
The President’s plan, which is expected to grant legal status to millions of illegal immigrants, could help the nation’s fastest-growing demographic purchase homes.
After a judge granted the bank and the FHA four months to reach a settlement, lawyers from both sides they no longer think it is within reach.