A mortgage is not just about owning your dream home or owning a home for your family. There is a part of you that wants to live the life of your favorite Hollywood stars and celebrities. Do you want to own famous celebrity homes and real estate? Mansion Global shares some of the famous
In a recent research, Fannie Mae in its third-quarter National Housing Survey® revealed very interesting details about Gig Economy workers. According to the survey, it is most likely that gig economy workers will consider buying a home compared to non-gig economy workers.
Millennials compose most of the US population, in fact they had been the turning tides for politics as well but why are Millenials also important for the real estate industry? According to a report by Down Payment Resource, 61% of first-time homebuyers purchased their homes under the condition of low downpayment (6% or less). This […]
Currently it might seem that mortgage regulations had been a bit stricter for non-bank mortgage lenders. Presently about 99% of banks or those with assets of less than $10billion are exempt from the Consumer Financial Protection Bureau (CFPB) regulation. This situation is the reverse when it comes to non-bank mortgage lenders which are subject to […]
This is good news for those who had been affected by recent disasters because Freddie Mac issues MORTGAGE RELIEF offer to those affected by disasters. The latest relief recipients are those affected by the wildfires in California. Although, we know that what happened was really terrible it is timely to gab this opportunity. Mortgage borrowers […]
Equifax, one of the most trusted credit reporting agency in the world just announced that they might have been hacked again. The latest Equifax breach might have compromised a total of over 150 million users. Just a month ago, the same company admitted another breach. Being the oldest of the three largest credit agencies, this […]
Should the use of Alternative FICO Credit Scores be allowed in determining whether a borrower is credit worthy or not? Senators from both parties are pushing for a bill which aims to introduce the use of alternative credit scores. Housing industry supports the bill and endorses it as well. If the bill is passed it […]
Will Bitcoin eventually be the ruling currency of the world? How will this change affect mortgage and lending? What is the status of this electronic currency and how can we prepare for it? These are just some of the questions that we all want to know considering that it is really gaining progress and ground. […]