Remove articles housing-completions-key-to-lower-mortgage-rates
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What’s On Your Real Estate Mind For 2024? (Pt2)

Toronto Realty Blog

Let me throw some skin in the game here: my mortgage comes due in November of 2024. Let me throw some skin in the game here: my mortgage comes due in November of 2024. It’s been at the back of my mind since the spring of 2022 when interest rates started increasing, but it’s not something that I think about every day.

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Home Equity Loans and Rates: Your Complete Guide to Exploring Options

Realty Biz

Understanding home equity loans and their associated interest rates is critical for making informed financial decisions. In this article, we'll guide you through the steps to explore and understand home equity loans and rates. As you pay down your mortgage and your home's value increases, your home equity grows.

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Rent vs. Buy Calculator: The Devil’s In The Details!

Toronto Realty Blog

Did you read this article in the Globe & Mail last month? I had a few TRB readers email me the above article and ask for my opinion. One of the TRB readers, who we’ll call “ MVC, ” emailed me a lengthy retort to the G&M article, complete with graphs! TorontoRealtyBlog.

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Why an Economic Downturn Represents the Best Time to Invest in Real Estate

The Close

But for value-seeking investors like myself, the scariest time to invest is actually in a good economy, when housing prices are rising at a blistering pace. Kate Evans recently did a deep dive into why the market is so hard for first-time buyers to get into, but she also noted that there are positive signs around inventory and interest rates.

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Avoid the Biggest Mistakes First Time Buyers Make

Realty Biz

The partial truth is that buyers who take out a conventional loan can avoid paying private mortgage insurance by making a 20% down payment. But the bigger fact is that almost everyone (including those taking out a conventional loan) qualifies for a mortgage with much less than a 20% down payment. That is true.

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What Can Be Done With Student Loans to Help Homebuyers?

Realty Biz

That’s discouraging when you consider the long streak we are experiencing for historically low-interest rates. With low-interest rates and low or no-down payment programs available, people saddled with large student debt should be doing everything they can to take advantage of these opportunities. Here we look at lowering your DTI.

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Housing Market Tracker: Purchase apps surprise

Housing Wire

Mortgage rates were near 7% last week but purchase applications were still able to pull out an 8% week-to-week gain. Active housing inventory grew while new listing data fell. Mortgage rates hardly budged last week, even with the Federal Reserve ‘s announcement it was pausing rate hikes and CPI inflation reports.

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