HUD could see $8.8 billion slashed from its budget under Trump proposal



The Department of Housing and Urban Development is facing budget cuts that could impact, and even force it to close some of its programs. President Donal Trump’s proposed fiscal year 2019 budget would cut the HUD’s funding by $8.8 billion,

Airbnb hosts can now use rental income for refinance applications



With many major U.S. cities busy trying to work out what kind of impact Airbnb has on local rental markets, the home sharing company is forging ahead with a new initiative that could further weave itself into the homeowner’s mindset.

Buyers rush through mortgage applications ahead of expected interest rate increase



Mortgage rates are moving higher, and that has some home shoppers rushing to locking in rates before they edge up even more, according to a report in CNBC.

The 6 Steps for getting A Home Loan



Having a home to your name is the best thing you can have but getting from the homeownership dream to actually owning a home is a tough journey. With financial trouble right in the middle of home ownership and the fact that home ownership isn’t cheap or getting cheaper,

Buyers drop bigger down payments to gain a competitive edge



As buyers face increased competition in U.S. housing markets, some are attempting to gain a competitive edge by offering a larger down payment. “In many purchase situations, there are multiple offers, and the buyers who have the bigger down payment are more likely to win out,” Daren Blomquist, ATTOM Data Solutions’ senior vice president, told […]

Buying REO is different; learn the steps that make it a challenge



People have been buying and selling REO, otherwise known as foreclosures, for decades. There used to be huge real estate courses specifically designed on how to make millions buying foreclosures

The tide is turning as ‘underwater’ homes dry up



While most homeowners are enjoying seeing the value of their properties appreciate, there’s also good news for some of those who were previously underwater, or owing more on their mortgages than their homes are worth. New data from ATTOM Data Solutions’ third quarter 2017 Home Equity & Underwater report shows that there are now just […]

Tinkering With Mortgage Qualifications



It had to happen sooner or later. The lower volume of mortgage applications is resulting in some tinkering to find more consumers that can qualify. Fannie Mae, Freddie Mac, and major lenders aren’t necessarily

California wildfire victims to get mortgage relief



Homeowners whose properties have been lost or damaged by the wildfires in California this year might be able to defer their mortgage payments

Parents are refinancing their homes to help their kids win ‘bidding wars’



With bidding wars becoming increasingly prevalent in a housing market that’s plagued by low inventories, some parents and their adult children are teaming up to help them better compete.

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