Posts Tagged ‘mortgage’

While the recent rental trend has been consistent spikes in rent, it appears the tide might finally be turning. According to Zillow, rents grew an annual 4.5 percent in October, which was down from 5.3 percent in September. This is also a significant decrease from their reported high of 6.6 percent in July. This data...

Throughout the last few years, the interest rates on loans, including car and home, have been kept low by means of the efforts of the U.S. Federal Reserve. As the economy has begun to show signs of improvement, there have been discussions about when the Federal Reserve is going to take the bridle off and let the...

For those who are renting, the number of mortgage applications does not seem to personally affect them. Yet when there are few mortgage applications, it can often translate into a large number of families remaining renters. When demand remains high, renters feel the pinch in terms of reduced inventory and higher...

The most recent housing market data seems to support the position that renters should stay renters. While the sale of foreclosures has continued to drop, pending sales and rates overall have remained flat. Still, the overall growth has improved since 2014, in small but measurable increments. But what could be holding...

A credit score can be the difference between receiving credit or finding yourself unable to finance anything from a car to a home. Building credit takes time, with you paying the rent on time being consistently reported to the various credit agencies. As an individual, it is important to regularly check your credit...

For many in the housing industry, there are a myriad of discussions as to why Millennials are not making the move into home ownership. Reasons listed include the economy, student loan debt and struggling to save for a down payment. While these might have some bearing on their decision to remain renters, others have...

I love this question. Browsing through different websites, I always see the same articles regarding home rentals: “Buying a home is much cheaper than renting!”, “Why people continue renting, if their monthly rent can cover mortgage payments?” and “American dream is to own a home, not rent it!” I don’t disagree with...

This question has been a topic of many conversations for a quite some time right now. It seems that the American dream of owning a home is becoming just that, a dream. More than 35% of Americans are renting rather than owning a home and that number keeps increasing at fast pace. In a perfect world, everyone would own...