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A housing boom doesn’t portend a bust

Housing Wire

Homes that reach the market sell quickly, bidding wars are the new normal and the investor share of sales continues to rise. Various mortgage finance innovations facilitated larger loans at the same monthly payment to keep up with growing home values – which is one reason why house prices kept going up.

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State governments push to scrap the new LLPA fee changes

Housing Wire

A coalition of fiscal officers from 27 state governments called on the Biden administration and the Federal Housing Finance Agency (FHFA) to scrap the loan-level pricing adjustment (LLPA) fee changes that went into effect on May 1. Their agenda of equity over equality defies common sense and will endanger the stability of the housing market.

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Bridge Loans in Michigan: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging. You can then make a strong offer on your next home with no home sale contingency. Bridge loans are sometimes referred to as gap financing or swing loans.

Equity 93
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Bridge Loans in Connecticut: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency. Now, let’s talk numbers.

Equity 89
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Unlock Your Home’s Equity in Pennsylvania: Bridge Loans Explained

HomeLight

Navigating the real estate market in Pennsylvania, especially when you’re trying to coordinate the sale of your current home with the purchase of a new one, can be a challenging balancing act. You can then make a strong offer on your next home with no home sale contingency. What are the benefits of a bridge loan in Pennsylvania?

Equity 94
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Bridge Loans in Atlanta: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. A bridge loan is a short-term financing solution, giving you the necessary income to purchase a new home, even before you’ve sold your current one.

Equity 92
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Bridge Loans in Washington, D.C.: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Enter the bridge loan – a short-term financing option. Bridge loans allow you to purchase a new home before selling your current residence, alleviating pressure and uncertainty while unlocking the equity in your current home. You can then make a strong offer on your next home with no home sale contingency.

Equity 97