The racial gap in housing returns means that Black and Hispanic homeowners aren’t able to generate wealth from buying property as well as their white neighbors, a report finds.
The post Not All Homeowners Fetch the Same Return on Their Investment—and There’s One Big Reason Why appeared first on Real Estate News & Insights | realtor.com®.
Category: mortgage
I’ve Handled More Than 2,000 Mortgage Refinances. Here’s What You Should Know Before You Refi
Refinancing your mortgage can save you a lot, but it’s not always the right choice. A mortgage broker, and other finance pros, share top tips.
The post I’ve Handled More Than 2,000 Mortgage Refinances. Here’s What You Should Know Before You Refi appeared first on Real Estate News & Insights | realtor.com®.
Buying a Home Can Hurt Credit Scores. So How Long Do They Take To Rebound?
Buying a home in today’s hot market is stressful enough. But many new homeowners may not realize it can also take a toll on their credit scores.
The post Buying a Home Can Hurt Credit Scores. So How Long Do They Take To Rebound? appeared first on Real Estate News & Insights | realtor.com®.
Why More Homebuyers Now Are Turning to This Much Riskier Type of Mortgage
Mortgage payments that grew more expensive over time were one of the culprits of the mid-2000s housing bust. Now one of those loans is staging a comeback.
The post Why More Homebuyers Now Are Turning to This Much Riskier Type of Mortgage appeared first on Real Estate News & Insights | realtor.com®.
Why More Homebuyers Now Are Turning to This Much Riskier Type of Mortgage
Mortgage payments that grew more expensive over time were one of the culprits of the mid-2000s housing bust. Now one of those loans is staging a comeback.
The post Why More Homebuyers Now Are Turning to This Much Riskier Type of Mortgage appeared first on Real Estate News & Insights | realtor.com®.
The Fed Doesn’t Expect Rate Hikes Until 2023, but They Could Affect Today’s Housing Market
While this wonky monetary policy change may sound like a long way off, it could have an impact on the hot housing market today.
The post The Fed Doesn’t Expect Rate Hikes Until 2023, but They Could Affect Today’s Housing Market appeared first on Real Estate News & Insights | realtor.com®.
‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers
The American dream of homeownership is not an equal opportunity ambition. Blacks and Hispanics are more likely to be denied mortgages or get pricier loans.
The post ‘How Can We Catch Up?’ Mortgage Denials Stack the Deck Against Black and Hispanic Buyers appeared first on Real Estate News & Insights | realtor.com®.
Foundation Paying Off Mortgages of Fallen FBI Agents To Help Their Families
A Sept. 11, 2001, charity will pay off the mortgages held on the homes of slain FBI agents Laura Schwartzenberger and Daniel Alfin.
The post Foundation Paying Off Mortgages of Fallen FBI Agents To Help Their Families appeared first on Real Estate News & Insights | realtor.com®.
Lots of Homes Under $100K Are for Sale, but Most Buyers Can’t Get One for This Reason
The COVID-19 pandemic has made it more difficult for borrowers to find lenders willing to make small-dollar mortgages of $100,000 or less.
The post Lots of Homes Under $100K Are for Sale, but Most Buyers Can’t Get One for This Reason appeared first on Real Estate News & Insights | realtor.com®.
Where Trump and Biden Stand on Mortgage Finance
The incumbent administration eyes returning Fannie Mae and Freddie Mac to private ownership. Democrats would use them to promote affordable housing.
The post Where Trump and Biden Stand on Mortgage Finance appeared first on Real Estate News & Insights | realtor.com®.