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Mortgage, US Real Estate

Millenials more likely to tap into their home's equity

By Mike Wheatley | August 29, 2016
Millenial homeowners in the 30-34 year old age bracket are twice as likely to take out a home equity loan as baby boomers, according to a new survey by the Discover Home Equity Loans organization
Mortgage

The Question for a Home Mortgage Loan: Understanding Your Many Options

By Guest Author | August 2, 2016
If you are applying for a mortgage and think that it is a straightforward choice of just choosing your preferred lender that is offering the best rate of interest, you may well be in for something of a surprise when you start the process.
US Real Estate

Non-Traditional Loans Are Increasing but Still Difficult to Obtain

By Brian Kline | July 21, 2016
It's true that traditional loans are still difficult to obtain but other more non-traditional loans are becoming easier to obtain from nom non-traditional lenders. A review of deals analyzed by Morningstar Credit Ratings, LLC finds that rebounding home prices and in the instance of reperforming and nonperforming transactions, repaired borrower credit, have reduced credit risk […]
US Real Estate

How Total Debt Affects the Housing Market

By Brian Kline | July 11, 2016
By far, home mortgages remain the biggest share of American consumer debt at $8.854 trillion. However, total consumer debt is at $12.252 trillion. After homes mortgages, the largest debt owed by consumers is college loans at $1.261 trillion. Next comes car debt that stands at $1.071 trillion, followed by credit card debt at $712 billion. […]
Commercial Real Estate

Commercial Real Estate Loans Explained

By Brian Kline | May 3, 2016
Commercial real estate loans are very different from residential loans. They are much more complicated and carry terms and conditions different from residential loans. These are reasons that many investors never venture in the commercial real estate market. Smaller residential real estate investors are typically limited to somewhere between four and ten properties valued in […]
Mortgage, US Real Estate

Foreclosure firms are becoming an endangered species

By Mike Wheatley | March 31, 2016
So-called foreclosure firms, essentially those companies that specialize in handling foreclosure sales, may be forced to offer alternative services in order to survive.
Featured News, Mortgage, US Real Estate

1/4 of first-time buyers seek down payment assistance

By Mike Wheatley | October 27, 2015
With younger buyers increasingly finding themselves locked out of the real estate market by rising prices that make it difficult to save for a down payment, many are turning to mom and dad.
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