A mortgage is usually the most significant monthly expenditure that people have. The 28 percent rule is that a mortgage makes up about 28 percent of a monthly income. That makes keeping that monthly payment down a priority. There is a way to temporarily lower a monthly mortgage. A mortgage rate buydown can help. But…
Save Money With a Mortgage Rate Buydown
January 13, 2023
admin
BrightbudgetingBuydownDebt Managementinterest rateinvestingmonthly paymentmortgagepersonal financereal estate
0 Comment
Record Rental Evictions: Florida Lawmaker Blames Corporations, Economy Expert Blames Government Policy
January 12, 2023
admin
Business & MarketseconomyFloridaLocal NewsMarketsPolicies & Impactsreal estateRegional-Local NewsRental EvictionsSocial IssuesUSUS FeaturesUS NewsUS Real Estate
0 Comment
As eviction rates climb across the United States, one Florida lawmaker blames corporate buy-ups of homes in low-income housing areas. However, an economist with the Heritage Foundation blames government policy. Data collected through a 2022 U.S. Census Bureau survey from March 30 to April 11 showed that about 35 percent of respondents were “very” or “somewhat” likely…
New South Wales Labor to Address Affordability Crisis With $30 Million Build-to-Rent Scheme
January 11, 2023
admin
AustraliaBusiness & MarketsChris Minnseconomic policieseconomyGlobal Real Estatehousing affordabilityInternationalreal estateWorld
0 Comment
New South Wales (NSW) Labor has promised to deliver a $30 million (US$21 million) build-to-rent pilot scheme to increase the supply of rental homes to tackle the growing affordability crisis ahead of the next state election. “Teachers, doctors, and tradies are forced to live in cars in the regions because they can’t find rentals,” NSW…
Rental Growth Slows Down Across Australia, but Market Outlook Remains Uncertain
Australia’s housing rental growth is slowing down from record highs in 2022, reducing the pressure on struggling renters. However, housing experts warn that the future outlook of the rental market is uncertain. According to the real estate data provider CoreLogic, the Australian rental market entered the highest upswing period in the company’s 18-year record during…
Three Ways to Make a Home Video Tour
Dear Monty: We will sell our home on our own in the spring. We want a video so people can preview the house first to see if it will work for them. It saves us from showing the house to someone that walks away because they didn’t like the floor plan. We save time getting…
Mortgage Buy-downs—A New Trend for 2023?
January 9, 2023
admin
Business & Marketsinterest ratesInvestmentmortgagepersonal financereal estateUSUS NewsUS Real Estate
0 Comment
With interest rates currently hovering around 7 percent, many lenders across the country have seen a resurgence of the mortgage buy-down—a plan that allows potential homeowners to save money on monthly mortgage payments. The National Association of Mortgage Brokers (NAMB) describes a mortgage buy-down as a type of financing that provides lower interest rates for…
State Opposition Locks Horns With Government Over Housing Affordability
January 8, 2023
admin
AustraliaBusiness & MarketsChris Minnseconomic policiesGlobal Real EstateNew South Walesreal estateWorld
0 Comment
Housing affordability has become the next political battleground in Australia’s most populous state as the state Labor Party offers to cut stamp duty (a one-off tax to the government) for 46,000 first-home buyers. New home buyers around the country have struggled to keep up with rising property prices over the last decade; and while there…
National Housing Accord Needs Renovation
New laws to set up a Housing Australia Future Fund aren’t expected to save people from tipping into housing stress or homelessness. “The Commonwealth has gone from an F on housing to a C-minus, and they should be aiming for an A,” Joel Dignam, executive director at advocacy organisation Better Renting, told AAP. Australians have…
Money Mistakes Many People Make Before Refinancing Their Home
January 5, 2023
admin
BrightbudgetingDebt ManagementEstateinvestingmortgagepersonal financereal estaterefinancingWealth Management
0 Comment
Just as deciding when to take advantage of 4th and goal, refinancing a home has many opportunities and pitfalls. The reason you might consider a refinance is that you want to pay less interest. Or, if you need to put some money towards another expense, you can take some money out of your house. It’s…
Mortgage Demand Drops to Lowest Level in 26 Years as Housing Market Slump Continues
January 5, 2023
admin
Business & MarketseconomyMarket Composite Indexmortgage applicationsmortgage demandmortgage ratesreal estaterecessionU.S. home pricesU.S. home salesUSUS Real Estate
0 Comment
Mortgage demand has fallen in the past two weeks to its lowest level since the 1990s as elevated mortgage rates and fears of a recession take a toll on the market, according to latest data from the Mortgage Bankers Association (MBA). The Market Composite Index, which measures the volume of mortgage loan applications, fell 13.2…
US News
RSS Error: A feed could not be found at `https://www.theepochtimes.com/c-us/feed`; the status code is `200` and content-type is `text/html; charset=utf-8`