by Gary Wilson | May 24, 2018 | Real Estate, Real Estate Business
First-time home-buyers are often surprised by the requirements of obtaining a mortgage, especially when it comes to the down payment. One way you can improve your chances of getting a home loan is by putting at least 20% down at the time of purchase. For existing...
by Gary Wilson | May 23, 2018 | Real Estate, Real Estate Business
A decade ago, the housing sector was in a mess. The mistakes of easy subprime lending resulted ultimately in the catastrophic collapse of the housing sector. Home values collapsed by a third nationwide, and the inventory of unsold homes spiked to unprecedented...
by Gary Wilson | May 22, 2018 | Real Estate News
Black and Hispanic homebuyers are significantly more likely to get turned down for a conventional mortgage loan, according to new data. A recent analysis from Zillow shows that in 2016, nearly 21% of black applicants were denied a conventional loan, while 15.5% of...
by Gary Wilson | May 21, 2018 | Real Estate News
Strong demand and a slim supply of affordable, existing homes for sale has the nation’s homebuilders feeling better about their business. A monthly index of builder sentiment rose 2 points in May, 1 point higher than analysts expected. The National Association...
by Gary Wilson | May 18, 2018 | Real Estate News
Mortgage applications fell 2.7 percent last week, the Mortgage Bankers Association says. Volume was 4.5 percent lower than a year ago. The weakness was most pronounced in applications to refinance a home loan. Borrowers may have missed an opportunity to get the last...
