Article by: Simplifying the Market™Originally Published: April 20, 2018, 10:00 am Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months! The credit score requirements for mortgage approval […]
Is Family Mortgage Debt Out of Control?
Article by: Simplifying the Market™Originally Published: April 19, 2018, 10:00 amSome homeowners have recently done a “cash out” refinance and have taken a portion of their increased equity from their house. Others have sold their homes and purchased more expensive homes with larger mortgages. At the same time, first-time buyers have become homeowners and now […]
How Much Do You Need to Make to Buy a Home in Your State?
Article by: Simplifying the Market™Originally Published: April 18, 2018, 10:00 amIt’s no mystery that cost of living varies drastically depending on where you live, so a new study by GOBankingRates set out to find out what minimum salary you would need to make in order to buy a median-priced home in each of the 50 […]
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