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Mortgage, US Real Estate

Unconventional loans grow in popularity

By Mike Wheatley | October 22, 2019
With home prices on the rise, a growing number of buyers are turning to unconventional types of loans to finance their purchases, especially in some western southern markets. Unconventional financing now accounts for around 28% of the new home build market, according to a new analysis of U.S. Census Bureau data by the National Association […]
Mortgage, US Real Estate

Low/No Cost Mortgages Are Expensive

By Brian Kline | December 2, 2015
There are still low and no down payment mortgages on the market but buyers need to be aware that these tend to actually be expensive options in the long run. For instance, FHA loans are among the most popular low down payment guaranteed loans. Due to insurance losses over the previous seven or so years, […]
Mortgage, US Real Estate

FHA Set To Raise Premiums on Mortgages

By Mike Wheatley | February 1, 2013
The Federal Housing Administration has just announced plans to raise premiums on most new mortgages by 10 basis points (0.1%), meaning that the average borrower can expect a $13 increase on their monthly repayments, according to reports.
Featured News, US Real Estate

Fannie Mae Report: Housing Market Transitions to a New 'Normal'

By Mike Wheatley | January 31, 2013
Most real estate watchers are in agreement that markets are getting better, but whether or not we can say that means things are returning to ‘normal’ remains to be seen. We’re seeing a recovery of sorts, but a closer look at the stats reveals numerous anomalies in the state of the real estate market’s health that would seem to suggest that we’re far from a return to ‘normal’ conditions.
Investing, US Real Estate

Using FHA to Pay for your Investment Rehab

By Daniel Doran | June 29, 2012
Short sales and foreclosures are the two most prevalent vehicles for investors looking to purchase distressed properties at a discount. However they are not easy on either the nerves or the wallet. Almost all of them require some amount of rehabilitation and remodeling, along with bringing current any deferred maintenance the property may have suffered while it was sitting empty
Mortgage, Real Estate, US Real Estate

Lending Options for Buyers in the Military

By Guest Author | June 14, 2012
For the vast majority of Military homebuyers, the VA Loan program is the most powerful and cost-effective mortgage program available. This government-backed program comes with benefits directly catered to military veterans and a procurement process that is second to none.
Featured News, Investing, Real Estate, Residential, US Real Estate

Real Estate Money Basics - 10 Ideas For Financing a Home

By Donna S. Robinson | June 11, 2012
There are many different ways to find financing to buy a home. But most folks are only aware of just one or two options. Generally, financing for a home can be broken down into two major categories: "Traditional" and "Non-Traditional".
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