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Cause for concern? FHA, VA delinquencies are rising quickly

Housing Wire

New data released Thursday by the Mortgage Bankers Association (MBA) revealed that the delinquency rate for mortgages on one- to four-unit residential properties increased to a seasonally adjusted rate of 3.98% of all loans outstanding at the end of 2024. Department of Veterans Affairs loans.

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What Can Be Done With Student Loans to Help Homebuyers?

Realty Biz

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. It’s About Your Debt-to-Income Ratio. Student loans count the same as a car loan or credit card.

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The Best Mortgage Blogs From 2017 | Advice For Home Financing

Rochester Real Estate

Either way, it’s always wise to shop around and compare interest rates and just as importantly, compare how much in fees you might have to pay to get a particular loan. Did you know if you file a Chapter 13 bankruptcy, you can immediately apply for an FHA loan? Here are some of Anita’s thoughts on the subject.

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How to Qualify for an Owner-Occupied Home

Realty Biz

Real estate investors often can’t find the same types of attractive home lending terms as those who are purchasing a residential home exclusively to live in. However, with an owner-occupied home, you’ll still have opportunities to create rental income by providing unused spaces to tenants for rent.

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Mortgage delinquencies are rising. FHA borrowers are feeling the impact

Housing Wire

Certain borrower groups are especially vulnerable, including those with lower credit scores , higher debt-to-income ratios and those who opted for more affordable loan products. Walsh said that there’s a “big question mark” related to FHA loans, which recorded a 10.46% delinquency rate in Q3 2024, up from 9.5%

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