Real Estate Marketing & Beyond

Canadians raise concerns over stricter mortgage regulations

By Mike Wheatley | January 13, 2020

Mortgage, US Real Estate

Study: Down payment assistance doesn't mean a higher chance of defaulting

By Mike Wheatley | November 8, 2019

Common wisdom has it that home buyers who rely on down payment assistance are more likely to default on their mortgage repayments, but a new study has debunked that theory. The study, by the Center for Household Financial Stability at the Federal Reserve Bank of St. Louis, found that buyers who receive financial assistance with […]

US Real Estate, Zillow

Report: Home affordability "unnervingly low' for lower-income buyers

By Mike Wheatley | September 9, 2018

The double-whammy of of rising home prices and interest rates is creating a tough environment for would-be home buyers, making monthly mortgage payments on even modestly priced homes more of a financial burden. A monthly mortgage payment for a typical U.S. home requires 17.5 percent of the median income, up from 15.4 percent a year […]

Wave of foreclosures could hit Puerto Rico

By Mike Wheatley | January 31, 2018

Puerto Rico could be hit with a fresh wave of foreclosures as a three-month moratorium on repayments that followed the devastation of Hurricane Maria comes to an end.

Mortgage, US Real Estate

Low income earners struggling to pay off their mortgages

By Mike Wheatley | July 21, 2016

People with low incomes spend nearly 23 percent of their income on monthly mortgage payments, compared to high-income earners, who spend 11.5 percent of their income on monthly house payments, according to a new Zillow analysis.

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