Homeownership gains momentum in Q4’17

The rate of homeownership rose in the fourth quarter, signaling upward momentum after staying near 50-year lows in recent years. The homeownership rate was 64.2% during the quarter, up from the 63.7% rate in the fourth quarter of 2016 and an increase from the 63.9% rate in the third quarter of 2017, according to statistics released by the US Census Bureau.

Source: Homeownership gains momentum in Q4’17

Even if rates doubled prices would keep rising says FirstAM

Potential homebuyers who are hoping rising mortgage rates may slow the fast-rise of home prices may be disappointed.That’s according to the latest analysis from First American Financial which says that even in the unlikely event that rates for a 30-year FRM doubled to near 9%, there would still be a sizeable increase in prices.

Source: Even if rates doubled prices would keep rising says FirstAM

Even if rates doubled prices would keep rising says FirstAM

Potential homebuyers who are hoping rising mortgage rates may slow the fast-rise of home prices may be disappointed.That’s according to the latest analysis from First American Financial which says that even in the unlikely event that rates for a 30-year FRM doubled to near 9%, there would still be a sizeable increase in prices.

Source: Even if rates doubled prices would keep rising says FirstAM

How long does it take homebuyers to recover from bankruptcy?

Potential homebuyers who have been declared bankrupt may believe that they cannot apply for a mortgage or other loan for many years afterwards, but a new survey suggests otherwise.With many people still recovering from the effects of the housing market crash and recession, LendingTree looked at the impact of bankruptcy.

Source: How long does it take homebuyers to recover from bankruptcy?

Potential homebuyers who have been declared bankrupt may believe that they cannot apply for a mortgage or other loan for many years afterwards, but a new survey suggests otherwise.With many people still recovering from the effects of the housing market crash and recession, LendingTree looked at the impact of bankruptcy.

Source: How long does it take homebuyers to recover from bankruptcy?