How high can home prices go? A lot, say experts

How much higher can home prices go? A lot, say experts By Jeff Collins | JeffCollins@scng.com and Fielding Buck | fbuck@scng.com | Orange County Register PUBLISHED: July 11, 2017 at 4:28 am | UPDATED: July 11, 2017 at 9:09 am Roberto Macias did his best to stay in Riverside. The supervisor for county social services … Continue reading How high can home prices go? A lot, say experts

The Psychology Behind Why People Buy, And Where

~ I think this is pretty interesting ~ The Psychology Behind Why People Buy, And Where Homebuyers within the last two years are buying homes in certain areas for a variety of reasons, according to a recent poll conducted by Redfin. The survey—which began back in May 2017 and has since asked approximately 3,350 U.S. … Continue reading The Psychology Behind Why People Buy, And Where

How Long Does It Take to Buy a House? Use This Handy Timeline to Plan Ahead

How Long Does It Take to Buy a House? Use This Handy Timeline to Plan Ahead By Cathie Ericson | Jul 10, 2017 inxti/iStock How long does it take to buy a house? It's a big question, especially for people who hope to time their home purchase with when their rental lease is up. Or before … Continue reading How Long Does It Take to Buy a House? Use This Handy Timeline to Plan Ahead

How high can Southern California housing prices go?

How high can Southern California housing prices go? Sky’s the limit, experts say While housing prices continue to rise in Southern California, experts say there is no sign of a bubble at this time. (ANA VENEGAS, ORANGE COUNTY REGISTER) By Jeff Collins, JeffCollins@scng.com, @RegJeffCollins on Twitter Posted: 06/26/17, 9:21 AM PDT | Updated: 2 hrs … Continue reading How high can Southern California housing prices go?

50 Worst Cities to Live In

~ Unfortunately we have 3 cities in CA 😦 ~ 50 Worst Cities to Live In Quality of life in an American city often depends on the neighborhood one lives in, as abject poverty and crime can be found just blocks away from prosperity. Still, as much as a city can be judged on the … Continue reading 50 Worst Cities to Live In

Homeownership education is evolving and it’s good for business

Homeownership education is evolving and it's good for business June is National Homeownership Month and that gives us an opportunity to think about why we do the work we do. Helping our lender partners serve borrowers in every market is at the center of Fannie Mae’s mission, so we’re always trying to find new ways … Continue reading Homeownership education is evolving and it’s good for business

Lower Down Payments Make Homeownership More Accessible

Lower Down Payments Make Homeownership More Accessible Although DownPayment Resource is reporting in their Down Payment Report for June that homeownership is struggling—63.9 percent of the population and falling—newer “super low down” loans are starting to become more popular with millennials to get their foot in the home-ownership door. The standard 20 percent down payment … Continue reading Lower Down Payments Make Homeownership More Accessible

According to Millennials, now’s the Time to Buy

Millennials: Now’s the Time to Buy Author: Aly J. Yale in Daily Dose, Data, Headlines, Market Studies, News June 7, 2017 0 Nearly all millennial homeowners think now is a good time to purchase a home—and about half are actually ready to take the plunge, according to the Mortgage Service Index released by TD Bank on … Continue reading According to Millennials, now’s the Time to Buy

Saving for down payment biggest obstacle to homeownership

~ a little bit of a no-brainer. But saving and obtaining a down payment is not as big of a hurdle that many anticipate. There are lots of programs that can help ~ Saving for down payment biggest obstacle to homeownership Posted by Carrie B. Reyes | Jun 6, 2017 | Finance and Mortgages, Home … Continue reading Saving for down payment biggest obstacle to homeownership

Fannie Mae will ease financial standards for mortgage applicants next month

Fannie Mae will ease financial standards for mortgage applicants next month  Fannie Mae will ease financial standards for mortgage applicants next month The top reason mortgage applicants nationwide get rejected is because they’re carrying too much debt relative to their monthly incomes. Fannie Mae will be raising its DTI ceiling from the current 45 percent … Continue reading Fannie Mae will ease financial standards for mortgage applicants next month