A 2014 survey by the Pew Charitable Trust found that 5 percent of American adults use prepaid cardsâthatâs roughly 12 million people! For the record, these arenât gift cards that weâre talking about. In the Pew survey, âprepaid cardâ refers...
The post Prepaid Debit Card or Secured Credit Card: Which is Best For You? appeared first on MintLife Blog.
Before you panic, take comfort in the fact that mortgage rates probably wonât do too much in 2017, just as they havenât in recent years, despite stark predictions telling us otherwise. I went ahead and compiled the 2017 mortgage rate forecasts of Fannie Mae, Freddie Mac, the Mortgage Bankers Association, and the National Association of [&hellip
The post 2017 Mortgage Rates Are Expected to Stay in the 4% Range first appeared on The Truth About Mortgage.
The National Association of Realtors just released its 2017 Profile of Home Buyers and Sellers, and there are lots of interesting tidbits. Letâs explore 10 of them. 88% of Recent Buyers Financed Their Home Purchase First things first, an overwhelming share of recent home buyers used a mortgage to finance their home purchase, as opposed [&hellip
The post 10 Takeaways from the Annual Realtor Survey first appeared on The Truth About Mortgage.
Weâve heard it for years now â that itâs a sellerâs market. And itâs hard to argue that fact with home prices hitting new nominal highs in many states across the nation, month after month. If you’re a seller these days, it shouldnât take long to offload your home for a record price if you [&hellip
The post Is It Really Such a Great Time to Sell a House? first appeared on The Truth About Mortgage.
Take a deeper look into the CDC eviction moratorium here.
The post Navigating Eviction During the Pandemic appeared first on The Rent.com Blog : A Renterâs Guide for Tips & Advice.
Thereâs been a lot of talk lately about mortgage lenders easing credit standards as refinance volume wanes and purchase activity remains constrained by limited inventory. Because more and more new entrants (many so-called disruptors) have joined the fray, and thereâs a smaller pool of eligible mortgage borrowers, risk appetite is expected to rise in coming [&hellip
The post Fannie Mae Increasing Max DTI to 50%, Upping LTVs for ARMs first appeared on The Truth About Mortgage.
Housing affordability remained near its highest level on record for the sixth consecutive quarter, according to the latest survey from the National Association of Home Builders. The National Association of Home Builders/Wells Fargo Housing Opportunity Index (HOI) indicated that 72.3 percent of all new and existing homes sold during the second quarter were affordable to [&hellip
The post Home Builders: Housing 'Highly Affordable' first appeared on The Truth About Mortgage.