Month: February 2021

Mortgage Rates vs. Presidential Inaugurations: Is There a Correlation?

Let’s get political – just kidding. Let’s talk about data that involves presidential elections and mortgage rates, more specifically, what happens to rates during an election year and the subsequent year to find out if there are any trends that pop out. I went ahead and scoured Freddie Mac’s 30-year fixed-rate mortgage data, which dates [&hellip

The post Mortgage Rates vs. Presidential Inaugurations: Is There a Correlation? first appeared on The Truth About Mortgage.

There Will Be a 3-Month Waiting Period to Get a Mortgage After Forbearance

We’ve finally got some clarity regarding what happens after mortgage forbearance in terms of obtaining a subsequent home loan. The Federal Housing Finance Agency (FHFA), which oversees Fannie Mae and Freddie Mac, announced temporary guidance regarding the matter today. Waiting Period After Mortgage Forbearance for Fannie and Freddie No wait to buy a home or [&hellip

The post There Will Be a 3-Month Waiting Period to Get a Mortgage After Forbearance first appeared on The Truth About Mortgage.

Will Mortgage Rates Go Up or Down If Trump/Biden Wins the Election?

As everyone knows, we have a very important U.S. presidential election just around the corner. In fact, it’s now less than three weeks away. It could be the biggest in U.S. history, at least in terms of drama and friction, and possibly an unknown or disputed outcome come November 3rd. Unfortunately, not everyone takes the [&hellip

The post Will Mortgage Rates Go Up or Down If Trump/Biden Wins the Election? first appeared on The Truth About Mortgage.

Why Joe Biden and Kamala Harris Haven’t Paid Off Their Mortgages

You’d think presumably wealthy politicians like Joe Biden and Kamala Harris would own their homes free and clear. But that’s not the case, per their 2019 tax returns. Both individuals disclosed their returns on the JoeBiden.com website, and each paid tens of thousands of dollars in mortgage interest last year. But why would they pay [&hellip

The post Why Joe Biden and Kamala Harris Haven’t Paid Off Their Mortgages first appeared on The Truth About Mortgage.

Value of U.S. Housing Market Hits Another All-Time High

In the second quarter of 2020, the U.S. housing market hit an all-time high of $32.8 trillion, per The Federal Reserve’s Flow of Funds Report, as referenced in the latest Monthly Chartbook from the Urban Institute. That was up from roughly $32.4 trillion in the first quarter of 2020, thanks to an increase in home [&hellip

The post Value of U.S. Housing Market Hits Another All-Time High first appeared on The Truth About Mortgage.

6 Factors to Consider When Seeking a Family-Friendly Rental

Family-friendly rentals are more abundant than you might think. Keep these factors in mind to find the perfect one.

Factors Driving The Housing Market Moving into 2021

According to a study done by Eyul Tekin, “After adjusting for inflation over time the future of the American Dream seems rather gloomy. Median home prices inc

How We Bought a House That Wasn’t for Sale (and How You Can, Too)

This summer we ended up buying a house that wasn’t even listed—and learned that this home-buying strategy is a smart way to beat the competition.

The post How We Bought a House That Wasn’t for Sale (and How You Can, Too) appeared first on Real Estate News & Insights | realtor.com®.

Moving Rituals from Around the World

By Al Harris, Web Editor, SpareFoot.com Moving to a new home is a new beginning. What better way to make sure your new beginning starts off right than with a little ritual? Cultures around the world have developed unique rituals for bringing good luck to a move into a new house. While you may not be […]

The post Moving Rituals from Around the World appeared first on Zoocasa Blog.