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Housing Wire
SEPTEMBER 22, 2023
The Federal Reserve ‘s effort to temper inflation has cooled the housing market that remains subdued with mortgage rates north of 7%. While the central bank left the benchmark rate unchanged in the target range of 5.25%-5.5% However, a silver lining in the subdued housing market is the strength in new-home sales.
Realty Biz
MARCH 16, 2023
If qualifying for a conventional loan is difficult, and you aren't eligible for VA or USDA loans, an FHA loan could be the answer. FHA loans allow you to pay 3.5% But there are also downsides to FHA-insured loans. So is this type of loan right for you? What are FHA Loans?
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Rent, Buy & Sell
FEBRUARY 7, 2021
Great credit allows people to get the best interest rates on various types of loans. Bad credit is usually the result of late bill payments, bankruptcy, foreclosure and loan defaults. These loans are backed by the Federal Housing Administration and only require a minimum credit score of 500.
Real Estate Finance HQ
AUGUST 25, 2017
This guide outlines the types of, as well as the necessary qualifications for, FHA loans. What is a FHA Loan? The FHA, a unit of the Department of Housing and Urban Development, was created in 1934 specifically to help low- and moderate-income families obtain financing for home ownership. Cash in the bank.
HomeLight
DECEMBER 2, 2021
Short sales aren’t common in the current market, according to Helali, but can occur when competitive buyers have overbid due to low inventory and high demand. Helali advises consulting your loan servicer, as requirements vary amongst lenders. Typically, it’s best to list it at market value to recoup as much money as possible.
HomeLight
APRIL 14, 2023
Enter an appraiser, a licensed, independent professional who assesses a home’s market value. Our tool analyzes the records of recently sold homes near you, your home’s last sale price, and other market trends to provide a preliminary range of value in under two minutes. What's Your Florida Home Worth Now?
HomeLight
SEPTEMBER 30, 2021
For example, top California agent Jenny Rosas recalls working with a single mom who reached out to her during fall of 2020 and wanted to purchase a home in the Sacramento area, but felt there wasn’t much available in such a competitive real estate market. Federal Housing Administration loans. NACA is the largest U.S.
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