Mortgage News - Page 22

Millennial homebuyers are big on fixer-uppers. But what exactly are the projects they’re gravitating toward? According to a new report, closet overhauls, craft rooms and landscaping projects are among the tops.

It seems Americans are taking the country’s housing woes into their own hands. With construction down and inventory still low, new data shows homeowners are investing more in remodeling and building accessory dwelling units to make up for it.

It pays to have a great credit score — especially if you’re buying or refinancing a home. According to new data, buyers with premium credit scores save more than $30,000 over the life of their loan compared to those with scores on the lower end of the spectrum.

The Northeast is a great place for single, career-focused women, apparently. According to new data, all of the nation’s top three markets for single female homebuyers are in this region.

Despite a downturn in September, national rent prices have once again jumped, according to new data. More than half of the country’s biggest metros saw an increase in rents last month, with Orlando’s rents rising the most.

Single women have been a growing section of home buyers for the last few years. But just how much of today’s home sales do they account for and what kind of cash do they bring to the table? A new analysis reveals it all.

Struggling to save for a down payment? You might be in luck, According to new data, average down payment are decreasing across the country — particularly in the South.

It’s no secret that crippling student loan debt keeps many Millennials from buying a home. But according to new data, Millennials with student loan debt aren’t just less likely to own a home. When they do buy? They face more expensive mortgage loans and lower home values, too.

Buying a home in Cincinnati? Then make sure to shop around for your mortgage rate. According to a new analysis, it could save you nearly $24,000.

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.

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.

The mortgage process is getting more and more digital. In fact, according to a new study, a whopping 92 percent of recent mortgage borrowers did online research before even speaking to a lender. Just 57 percent of borrowers did the same five to 10 years ago.

If buying a home is anywhere in your sights, you’ll probably want to act fast. According to a new forecast, average mortgage payments will jump nearly 10 percent by early next year.

Home equity topped $1 trillion in the U.S. last month, and American homeowners are certainly taking advantage of it. According to a new study, Home Equity Lines of Credit (HELOCs) are becoming especially popular – especially with Generation Xers and homeowners in the Midwest.