A growing number of Americans who work from home are leaving big cities for smaller, more affordable towns in order to be able to buy a home. Indeed, the growth of remote work means many people have far more options about where they choose to live, the Wall Street Journal reported in an article this
Lack of affordable rental homes causes homelessness to rise
December 20, 2018 by
Homelessness in the U.S. increased by 0.3 percent this year, which is the second consecutive year in which this figure has risen, according to the U.S. Department of Housing and Urban Development’s annual report to Congress. The increased number of homeless people comes at a time when unemployment is at a near 50-year low and
The top 3 most and least affordable metro areas in the U.S.
November 15, 2018 by
Mortgage rates comparison website HSH.com has just published a new analysis showing the required annual salary needed to afford a median priced home in the nation’s top 50 metro areas. There’s good news for anyone living in Pittsburgh, Oklahoma City and Cleveland, which were rated as the top three cheapest metro areas for those looking
Freddie Mac entices landlords to keep their properties affordable
May 8, 2018 by
Freddie Mac is launching a new initiative that will see it provide low-cost loans to owners of multifamily properties in order to help them keep their rents affordable for middle class families
Fannie Mae & Freddie Mac to create more affordable housing opportunities
March 23, 2018 by
With rising home prices making it increasingly difficult for those with lower incomes to buy, mortgage giants Fannie Mae and Freddie Mac are taking it upon themselves to provide more opportunities.
Manufactured homes: The answer to America’s affordable housing shortage?
March 7, 2018 by
Manufactured homes seems to be getting serious consideration as a solution to the U.S.’s growing affordable housing shortage, if recent news reports are anything to go by.
Which is the most affordable city for software engineers?
April 5, 2017 by
North America’s demand for software engineers and other technology specialists is showing no signs of slowing down.
Affordable homes still exist in high-cost markets
January 30, 2017 by
Even in metros where homebuyers have the biggest mortgage burdens, some cities within those metros provide relatively affordable housing options.
Obama administration makes one last push for affordable housing
September 29, 2016 by
The Obama administration is rapidly coming to an end, but that hasn’t stopped the White House incumbents from making one last push for states and municipalities to boost affordable housing.
Affordable Mortgage Ideas for New Homeowners
July 14, 2016 by
Are you interested in buying a home but unsure if you can afford it? It may surprise you that getting an affordable mortgage isn’t comparable to mission impossible. With the right information, you can enter the real estate market with confidence.
