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With Home Values Surging, Is it Still Affordable to Buy Right Now?

Keeping Current Matters

Realtor.com just reported that there are 39% fewer homes for sale today than there were last year. According to NAR, the index: “…measures whether or not a typical family earns enough income to qualify for a mortgage loan on a typical home at the national and regional levels based on the most recent price and income data.”.

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On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. Shop around for a mortgage. They’re all set.

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On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. Shop around for a mortgage. They’re all set.

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With Mortgage Rates Rising, Is an Adjustable Rate Right for You?

Lighter Side of Real Estate

Which means you’ve probably been reading or hearing about adjustable rate mortgages making a comeback. The 30-year fixed rate mortgage has been so historically low, they haven’t been all that necessary to consider. So your rate isn’t fixed for the life of the loan.

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Is Strong Equity Enough to Hold Back Foreclosures?

RIS Media

“An analysis of our McDash loan-level mortgage performance dataset back to 2007 shows that holding equity in one’s home might not be a blanket backstop to foreclosure activity,” said Graboske in a statement. That brings the average monthly mortgage payment to its highest level since late 2007.

Equity 98
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What Happens to My Mortgage if the Housing Market Crashes?

Marco Santarelli

Due to the crash, there may also be short sales and foreclosures, offering you the opportunity to acquire a deal. Many homebuyers may feel that obtaining a mortgage is too risky. Recessions are temporary pauses in an otherwise booming economy, but they have an impact on the housing market and interest rates. recessions.

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5 predictions for the 2022 housing market

Housing Wire

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. for 30-year fixed-rate loans. for 30-year fixed-rate loans.

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