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affordability

What will housing credit look like in next recession?

March 31, 2023 by Brett Tams

We need to understand the credit channels in the U.S. today and why they’re so different than the period of 2002-2008.

Posted in: Mortgage, Paying Off Debts Tagged: 10-year yield, 2, 2022, 2023, 30-year, 30-year fixed mortgage, 30-year mortgage, 30-year mortgage rate, affordability, balance, Bank, Banking, banks, before, big, bubble, Buying, cnbc, cost, covid, COVID-19, Credit, Crisis, data, Debt, Delinquencies, Down payments, Economy, equity, event, existing, Existing home sales, Fannie Mae, Fashion, fed, Federal Reserve, FHA, fico, fico score, financial crisis, Financial Wize, FinancialWize, fixed, foreclosure, Foreclosures, Freddie Mac, future, General, Giving, government, great, Grow, growth, history, home, home equity, Home Sales, Homebuyers, Homeowner, homeowners, homes, Housing, housing boom, housing bubble, housing crash, Housing market, hwmember, id, Income, Inflation, investors, iso, job, jobs, Jumbo loans, lending, loan, Loans, Make, market, MBA, meta, More, Mortgage, mortgage credit, Mortgage Credit Availability, mortgage debt, mortgage market, Mortgage Products, MORTGAGE RATE, Mortgage Rates, Mortgage-backed security, new, non-QM, Non-QM loans, one day, or, Other, payments, percent, Personal, place, points, products, Purchase, rate, Rates, Recession, rise, risk, sales, save, securities, sheets, space, stress, the fed, time, title, traditional, VA, wages, will, work, working

Fannie and Freddie Shares Plummet Amid Takeover

March 30, 2023 by Brett Tams

As financial stocks enjoyed a broad rally Monday morning, shares of Fannie Mae and Freddie Mac plummeted. Yesterday morning, the Treasury formally announced the takeover of the two ailing mortgage giants, effectively wiping out common shareholders (and preferred) in the process. Under the terms of the takeover, the Treasury has enacted a four-part plan aimed… Read More »Fannie and Freddie Shares Plummet Amid Takeover

The post Fannie and Freddie Shares Plummet Amid Takeover appeared first on The Truth About Mortgage.

Posted in: Mortgage News, Renting Tagged: affordability, agreements, banks, business, cost, Debt, Economy, Fannie Mae, Fannie Mae and Freddie Mac, Federal Home Loan Banks, Federal Housing Finance Agency, FHFA, Finance, Financial Wize, FinancialWize, Freddie Mac, future, future value, government, GSE, GSEs, home, home loan, homeowners, Housing, housing finance, Housing market, interest, interest rates, inventory, lending, loan, LOWER, market, MBS, More, Mortgage, mortgage market, Mortgage News, natural, net worth, new, or, percent, plan, portfolios, preferred stock, Purchase, rate, Rates, returns, risk, securities, shares, stake, stock, stocks, time, title, trading, Treasury, under, value, will

Best Salary Negotiation Tactics and Strategies

March 30, 2023 by Brett Tams

Best Salary Negotiation Tactics and Strategies

Salary negotiation is something that everyone should learn. Increasing your income early in your professional life can help set you up for a more lucrative career, stable finances, and comfortable retirement. And every time you don’t ask for a higher salary or raise, you limit your potential earnings from that moment on. The fact is, […]

The post Best Salary Negotiation Tactics and Strategies appeared first on SoFi.

Posted in: Financial Advisor Tagged: 2, 2021, 457, advice, affordability, agent, All, app, Appreciate, appreciation, ask, average, average salary, balance, basic, before, Benefits, bidding, bills, black, BLS, blue, bonuses, Building Your Career, Bureau of Labor Statistics, Buy, calculator, Career, chance, childcare, clear, collaboration, color, company, Compensation, Competition, cost, Cost of Living, Credit, credit score, cryptocurrency, data, decisions, display, earnings, Economics, employer, entry, Entry Level Salary, estate, existing, expectations, experience, experts, faq, finances, Financial Goals, financial tips, Financial Wize, FinancialWize, fractional, Free, friendly, General, goal, goals, good, growth, healthcare, Hiring, hold, home, home affordability, hours, house, How To, how to negotiate, HR, Income, job, jobs, Learn, Life, Life & Career, Live, Living, living will, loan, Local, LOWER, Make, making, market, Media, money, More, Mortgage, Move, needs, negotiate, negotiating, negotiation, negotiations, new, new york, north carolina, offer, offers, or, Other, party, past performance, personality, place, points, present, price, products, Professionals, Promotion, proof, property, Raise, rate, Rates, reach, relay, remote working, Research, retirement, Review, rewards, right, rise, risk, room, safe, salaries, Salary, salary negotiation, Saving, savings, School, shares, short, Side, single, sofi, Spending, stable, statistics, stock, Strategies, Style, time, tips, title, tools, TransUnion, tricks, unique, value, wants, war, will, work, working, youtube

Biden urged to consider Build America’s impact on affordable housing

March 30, 2023 by Brett Tams

Two dozen housing organizations, leaders and trade groups, led by the National Housing Conference (NHC), are urging Biden to exempt affordable housing development and repair from the Build America, Buy America Act (BABA) provisions.

Posted in: Paying Off Debts, Real Estate Tagged: 2022, Administration, affordability, affordable, affordable housing, appliances, Bank, bank of america, Biden Administration, Budget, build, builders, building, Bureau of Labor Statistics, Buy, CEO, construction, cost, country, Crisis, data, deliveries, Department of Housing and Urban Development, Development, Digit, doors, double, Employment, existing, Financial Wize, FinancialWize, gap, garage, growth, home, home builders, homeownership, homeownership gap, house, Housing, Housing Affordability, housing costs, housing development, Housing Policy, Housing shortage, HUD, HVAC, impact, investment, jobs, Joe Biden, Leaders, markets, MBA, Minority Homeownership, More, Mortgage, Mortgage Bankers Association, Multifamily, multifamily housing, NAHB, NAR, National Association of Home Builders, National Association of Realtors, National Housing Conference, office, organization, Other, policies, Politics & Money, president, President Joe Biden, productive, programs, Real Estate, Realtors, Relationships, rental, rental housing, repair, shortage, shortages, states, statistics, U.S. Department of Housing and Urban Development, USDA, white, white house, will, windows, work, working

Tips of How to Buy a Foreclosed Home in 2023

March 30, 2023 by Brett Tams

Who doesn’t dream of nabbing a really good deal when shopping for a home? Maybe you’re even considering a fixer-upper, a property that would allow for some sweat equity and would, over time and with work, help you grow your wealth. If you have been studying the real estate listings, you have probably seen some […]

The post Tips of How to Buy a Foreclosed Home in 2023 appeared first on SoFi.

Posted in: Financial Advisor, Home Ownership, Mortgage Tagged: 2, 2023, 457, affordability, agent, agents, All, analysis, ask, asking price, assessment, auctions, Bank, banks, before, Benefits, bidding, bills, blue, bonus, Borrow, borrowers, budgets, Buy, buy a home, buyer, buyers, Buying, calculator, clear, color, company, comps, Conforming loan, Connecticut, cons, contractors, court, data, Deals, Debt, deed, deed in lieu of foreclosure, Department of Housing and Urban Development, deposit, Development, display, Down payments, dream, earnest money, equity, estate, expensive, Family, Fannie Mae, faq, FDIC, FHA, FHA loan, FHA loans, Finance, financial tips, Financial Wize, FinancialWize, financing, First-time Homebuyers, fixed, fixer-upper, foreclosure, Foreclosures, foundation, Freddie Mac, Free, funds, General, good, government, great, Grow, guide, HLGen, hoa, home, home affordability, home buyers, home buying, home buying process, home inspection, Home Ownership, home purchase, homebuyer, Homebuyers, Homeowner, homeownership, homepath, homes, homes for sale, house, Housing, How To, HR, HUD, hudhomestore, HVAC, inspection, investors, InvestY, irs, job, Law, Learn, Legal, lenders, liens, Links, Listings, Live, loan, loan modification, Loans, Local, low, Main, maintenance, Make, market, Media, money, MoneyHL, More, Mortgage, mortgage lender, mortgage loan, mortgage loans, mortgage payments, Mortgage Rates, Mortgages, Move, Multi-Family, multiple listing service, multiple offers, needs, negotiate, new, new home, NMLS, offer, offers, office, or, Original, Other, ownership, paint, party, payments, place, Planning, plumbing, points, poor, pre-approval, pre-foreclosure, pre-foreclosures, pressure, price, Prices, products, programs, property, property taxes, pros, Pros and Cons, Purchase, Rates, Real Estate, real estate agent, Real Estate Agents, Real Estate Attorney, Real Estate Listings, real estate market, realtor, Realtor.com, Rent, repair, Research, Reverse, reverse mortgage, right, risk, safe, sales, sc, search, searching, Sell, selling, shopping, Shopping for a mortgage, short, Short Sale, simple, Sites, smart, sofi, states, Strategies, studying, Style, Tally, tax, taxes, time, timeline, tips, title, traditional, Treasury, trustee, U.S. Department of Housing and Urban Development, under, upgrades, USDA, VA, value, wealth, Websites, white, will, work, youtube

13 Tips for First-Time Homebuyers in Chicago

March 30, 2023 by Brett Tams
Chicago neighborhood

If you’re a first-time home buyer in Chicago, our expert guide can help you navigate the complex process of purchasing your dream home in the Windy City.

The post 13 Tips for First-Time Homebuyers in Chicago appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Posted in: Market News, Paying Off Debts Tagged: 2, 2023, advice, advice for first-time homebuyers, affordability, agent, agents, al, All, ask, Bank, before, Blog, Broker, brokerages, Budget, building, building wealth, Buy, buy a home, buyer, buyers, Buying, Buying a Home, calculator, checklist, chicago, Chicago agents, Chicago real estate, Children, city, closing, Coldwell Banker, commute, commuting, company, Competition, condo, condos, conventional loan, decision, decisions, diversity, down payment, dream, dream home, driving, earnest money, estate, experience, Family, Fees, FHA, FHA loan, Financial Wize, FinancialWize, financing, first home, first time homebuyer, first-time home buyer, First-time Homebuyers, get started, good, great, guide, home, home buyer, home buyer tips, home buyers, home buying, home search, homebuyer, Homebuyers, Homeowner, homeowners, homes, hot, house, Housing, il, Illinois, interest, interest rate, inventory, investment, Learn, lenders, list, list price, LLC, loan, Local, Local Insights, low, Low inventory, LOWER, Make, making, market, money, More, Mortgage, Mortgage Financing, mortgage lender, Mortgage Rates, Mortgages, neighborhoods, new, offers, opportunity, or, Other, park, pre-approval, price, Prices, Professionals, programs, property, property tax, Purchase, questions, rate, Rates, Real Estate, real estate agent, real estate market, real estate tips, realtor, Redfin, Redfin.com, Research, restaurants, right, rise, risk, room, running, schools, search, Sell, seller, selling, shopping, single, single-family, single-family homes, space, Style, suburbs, tax, tax rates, theme park, time, tips, title, tools, traditional, walk-through, wealth, weather, will, work

Mortgage rates expected to rise amid economic volatility: Realtor.com – Fox Business

March 30, 2023 by Brett Tams

Mortgage rates expected to rise amid economic volatility: Realtor.com  Fox Business

Posted in: Renting Tagged: 2, 2021, 2022, 2023, 30-year, affordability, agents, analysis, ask, Auto, average, Banking, before, bidding, bidding wars, big, business, buydown, buyers, Buying, Buying a Home, closing, closing costs, color, Competition, Credit, credit score, ct, data, down payment, Down payments, expensive, experts, Fall, Featured, fed, Federal Reserve, FHA, FHA loans, Finance, financial stability, Financial Wize, FinancialWize, fixed, Forecasts, growth, hold, home, Home Insurance, Home Price, home price growth, home prices, homebuyer, Homebuyers, Homeowner, homes, Housing, Housing market, Inflation, Insurance, insurance premiums, interest, interest rate, interest rates, lenders, loan, Loans, LOWER, market, Media, money, More, Mortgage, Mortgage Insurance, Mortgage Insurance Premiums, MORTGAGE RATE, Mortgage Rates, National Association of Realtors, needs, negotiating, offer, offers, or, Other, payments, Personal, points, present, pressure, price, Prices, Purchase, questions, rate, Rate Hikes, Rates, ready, realtor, Realtor.com, Realtors, Redfin, refinancing, rise, sales, save, Save Money, savings, sellers, shopping, Spring, svb, the fed, volatility, war, will, Zillow

Mortgage rates fall for fourth week in a row – CNN

March 29, 2023 by Brett Tams

Mortgage rates fall for fourth week in a row  CNN

Posted in: Renting Tagged: 2, 2022, 2023, 30-year, 30-year mortgage, affordability, All, Applications, assets, average, Bank, before, betting, bonds, borrowers, borrowing, buyer, buyers, clear, color, Consumers, cost, country, Credit, data, down payment, Economy, expectations, Fall, fed, Federal Reserve, Financial Wize, FinancialWize, first-time buyers, fixed, floor, forecasting, Freddie Mac, George Ratiu, growth, home, Home Price, Homebuyers, homebuying, homes, homes for sale, Housing, Housing market, Housing markets, id, index, Inflation, interest, interest rate, interest rates, investors, job, jobs, Joel Kan, labor market, lenders, loan, low, LOWER, market, markets, MBA, median home price, Mike Fratantoni, money, More, Mortgage, mortgage applications, Mortgage Bankers Association, mortgage market, MORTGAGE RATE, Mortgage Rates, Mortgages, Move, News, or, Other, president, price, Prices, Purchase, rate, Rate Hikes, Rates, ready, realtor, Realtor.com, Research, Sam Khater, short, soaring, Spring, summer, survey, the fed, time, Treasury, Treasury bonds, trends, under, will

5 cities where sellers are more likely to cut prices

March 28, 2023 by Brett Tams

Close to one-fifth of homes for sale had list prices slashed in February, doubling the rate in the span of 12 months, according to new data from Realtor.com. More than 18% of listings had price cuts in February compared to approximately 9% one year ago. The limits that rising interest rates and inflation have placed … [Read more…]

Posted in: Refinance, Renting Tagged: 2, 2022, 30-year, affordability, agents, analysis, Austin, average, Bank, bank of america, brokerage, buyer, buyers, Cities, country, data, Deals, estate, existing, Financial Wize, FinancialWize, home, home buyer, home prices, homes, homes for sale, Housing, Housing Affordability, housing costs, Housing markets, impact, industry, Inflation, interest, interest rates, jump, list, Listings, lists, LOWER, market, markets, Media, Midwest, More, Mortgage, mortgage payments, Mortgage Rates, new, one year, Original, payments, Phoenix, price, Prices, quality, rate, Rates, Real Estate, real estate brokerage, realtor, Realtor.com, Redfin, Research, seattle, sellers, Spring, states, Technology, texas, the west, trend, united, united states, versus

Bank failures may be the catalyst for an economic recession 

March 28, 2023 by Brett Tams

Fannie Mae projects the recent bank failures may act as the catalyst that tips an already precarious economy into recession.

Posted in: Banking, Mortgage, Refinance Tagged: 2, 2022, 2023, 30-year, affordability, All, Bank, Banking, banks, Behavior, borrowers, buyers, Buying, Capital markets, clear, Community banks, construction, Credit, deposit, Development, Doug Duncan, Economics, Economy, existing, Family, Fannie Mae, fed, Finance, financial stability, Financial Wize, FinancialWize, financing, fixed, Forecast, GDP, government, Government-sponsored enterprise, Grow, growth, home, home buying, home construction, home loan, Home Sales, Housing, Housing Starts, impact, Inflation, investors, Jumbo loans, Jumbo mortgage, lending, liquidity, loan, Loans, manage, market, markets, MBS, More, Mortgage, Mortgage Borrowers, mortgage lending, Mortgage originations, MORTGAGE RATE, Mortgage Rates, Mortgages, or, Originations, president, pressure, projects, Purchase, rate, Rates, Recession, Research, Residential, sales, second, securities, selling, short, single, single-family, single-family housing, SINGLE-FAMILY HOUSING STARTS, space, Spring, stress, the fed, timing, tips, Treasury, will
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