Rising Credit Card Debt Could Be Obstacle to Homeownership

Rising Credit Card Debt Could Be Obstacle to Homeownership American credit card debt continued to creep higher in 2017, with the average American household now owing a balance of $15,654, according to a new analysis by NerdWallet. For a bit of context, NerdWallet’s study also found that the average American household holding any debt at all … Continue reading Rising Credit Card Debt Could Be Obstacle to Homeownership

The Only U.S. State Whose Name Can Be Typed on Just One Row of Keys

The Only U.S. State Whose Name Can Be Typed on Just One Row of Keys You already know which letter of the alphabet is not in any U.S. state name. (What’s that? You don’t? Learn what it is.) But that’s not the only bit of letter-related trivia that our list of 50 state names is … Continue reading The Only U.S. State Whose Name Can Be Typed on Just One Row of Keys

LGBT and Mortgage Leaders Collaborate to Better Diversity and Inclusion

LGBT and Mortgage Leaders Collaborate to Better Diversity and Inclusion On Thursday, the American Mortgage Diversity Council is partnering with Bank of America to host an LGBT roundtable Town Hall in Dallas, Texas. The roundtable is the first of several such events planned across the country during 2018, designed to spur communication between the mortgage … Continue reading LGBT and Mortgage Leaders Collaborate to Better Diversity and Inclusion

Six apps and trackers to find your lost gadgets

~ Not home related, but life related 😉 ~ Six apps and trackers to find your lost gadgets Finding yourself out and about without your smartphone can make you feel naked. We rely on these devices so much that losing them creates a huge problem, preventing you from messaging friends for aid or mapping your … Continue reading Six apps and trackers to find your lost gadgets

Silver Lining to Rising Home Prices . . .

Silver Lining to Rising Home Prices . . . Home prices continue to climb both year-over-year and month-over-month, according to the October 2017 Home Price Index (HPI) released by CoreLogic Tuesday Morning. Nationally, prices increased by 7 percent from October 2016 to October 2017—representing the second consecutive month of 7 percent year-over-year increases. Meanwhile, month-over-month … Continue reading Silver Lining to Rising Home Prices . . .

US homeless people numbers rise for first time in seven years

~ a very strong evidence in Riverside in the last year ~ US homeless people numbers rise for first time in seven years The number of homeless people in the United States has increased for the first time since 2010. Just under 554,000 people were homeless, a report from the department of housing and urban … Continue reading US homeless people numbers rise for first time in seven years

The most and least affordable states for millennials to buy homes

first time home buyer

The most and least affordable states for millennials to buy homes Millennials' financial picture today is a mixed bag. Yes, unemployment is low across the country, but wage growth hasn't picked up. Young workers have to contend with billions of dollars' worth of student loan debt. On top of that, millennials are now reaching the … Continue reading The most and least affordable states for millennials to buy homes

Converted Malls Could Provide Alternative Housing Solution

~ I have posted this before, because I believe this is a good beginning solution to our housing epidemic ~ Converted Malls Could Provide Alternative Housing Solution According to a June 2017 report by Credit Suisse, as many as 25 percent of America’s malls will shuttered by 2022. That’s a lot of empty real estate, … Continue reading Converted Malls Could Provide Alternative Housing Solution

Borrowers: Increase Your Buying Power

Borrowers: Increase Your Buying Power In an effort to empower consumers by providing additional information on how their credit profile affects their loan prospects, LendingTree.com  recently released its November Mortgage Offers Report with their Chief Economist Tendayi Kapfidze’s analysis of November’s mortgage offers. Utilizing data from actual loan terms offered to borrowers by lenders,  Kapfidze finds … Continue reading Borrowers: Increase Your Buying Power

HUD Secretary on Homelessness: “It’s Everybody’s Problem”

~ agree? ~ HUD Secretary on Homelessness: “It’s Everybody’s Problem” On a single night, 553,742 people experience homelessness in the U.S. According to the latest national estimate by the Department of Housing and Urban Development (HUD) 2017 Annual Homeless Assessment Report to Congress, this number represents an increase of .7 percent since last year. Despite … Continue reading HUD Secretary on Homelessness: “It’s Everybody’s Problem”