Tag Archives: mortgage payments

Mortgage delinquency rates continue their descent: CoreLogic

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The number of homeowners who are more than 30 days late on mortgage payments dropped for the 11th straight month in February. Continue reading →

Is now a good time to buy a home? Agents confront mortgage riddle

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Buyers have watched mortgage rates shoot from 3 percent to 5 percent this year alone, and that common refrain — “Is it really the best time to buy?” — is always top of mind for clients, agents told Inman. Continue reading →

Home prices see double-digit price surge across almost 80% of metros in Q3: NAR

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The median sales price of single-family existing homes increased in 99 percent of the 183 markets measured by the National Association of Realtors, while 78 percent of markets saw double-digit price gains. Continue reading →

Housing affordability improves for second consecutive month

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Despite market headwinds, housing affordability improved for the second consecutive month, according to the National Association of Realtors’ August Housing Affordability Index. Affordability improved on a national and regional basis, with the greatest… Continue reading →

Fears of pandemic-induced foreclosure wave ease

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Two-thirds of the 7.1 million homeowners who were granted forbearance during the pandemic have already left. Most of this “bellwether” group have either resumed payment on their loans or paid them off. Continue reading →

5 pandemic mortgage strategies for the self-employed 

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Self-employment has advantages, notably the home office deduction and eliminating commute time. Getting a mortgage, however, is not one of them. Here are a few tips that address the newly stiffened requirements for approval. Continue reading →

How far $1,200 will go for renters and homeowners in 50 US cities

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Over 75 percent of U.S. renters and almost 50 percent of homeowners could pay one month of housing expenses with a $1,200 stimulus check, according to data from Redfin Continue reading →

The Real Word: Why iBuyers are pressing pause

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Watch Byron Lazine and Nicole White give a real estate agent’s perspective on industry-related topics. This week, they discuss delayed mortgage payments and iBuyers’ decision to suspend instant offers. Continue reading →

Homeowners may delay mortgage payments up to 1 year due to virus

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The move by Fannie Mae and Freddie Mac came days after President Trump announced that delayed mortgage payments may be an option for borrowers amidst the coronavirus pandemic. Continue reading →

Trump may allow homeowners to delay mortgage payments

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The administration did not make clear how borrowers might catch up on payments in the future, however. Continue reading →