It’s no secret that rents are rising. But for residents in hot vacation spots? Rent prices are growing even more. In fact, in hotspots like Orlando rents jumped upwards of 6 percent over last year.
Atlanta, Dallas and Houston are some of the fastest-growing metros in the nation. And according to new data, they’re also some of the most affordable in terms of housing.
It’s a good time to be an American homeowner. Not only has home equity topped $6 trillion, but foreclosures have now dropped to 0.5 percent — their lowest point in more than a decade.
The 5 percent mortgage rate is here, and borrowers may want to re-think their mortgage options. But don’t worry. There are strategies to reduce mortgages rates and interest costs.
Though the recent 0.1 percent dip in national rents may seem like a reason for optimism, it turns out things are pretty bad for today’s renters. In fact, according to new data, nearly half of all U.S. renters are cost-burdened, spending more than 30 percent of their monthly income on rent.
Can you unlock a mortgage if interest rates fall before your closing day? How much commitment does locking a mortgage require from you and your lender?
October 2018 will be an important month for mortgage rates. All factors point to rates trending higher, but with rates still in the 4s, mortgage shoppers are still finding great value in today’s rates.
You can get approved for a mortgage after bankruptcy in as little as one year. But there are a lot of details to get through. Here are your FAQs about getting a mortgage after bankruptcy.
Today’s Federal Reserve (FOMC) meeting ended with a .25 percent increase in interest rates, surprising no one and having little impact on markets.