Section 8 Housing: the Myths and the Opportunities
Section 8 Housing offers landlords a reliable income stream, low vacancy rates, and a chance to support their community by providing affordable housing.
Section 8 Housing offers landlords a reliable income stream, low vacancy rates, and a chance to support their community by providing affordable housing.
Mortgage Loan Assumption At a Glance Mortgage Loan assumption lets a buyer take over the existing mortgage Government-backed loans offer more flexible assumption options Conventional fixed-rate loans rarely permit assumptions Adjustable-rate mortgages may become assumable Non-sale inheritance transfers can bypass…
Mortgage rates today dropped sharply thanks to the US Treasury reallocation.
The average 30-year fixed mortgage rate is currently over 7%, but expert predictions suggest rates will moderate to around 5.8% on average in 2024. This article analyzes mortgage rate forecasts for 2024 from 8 top sources, including the Mortgage Bankers Association, Goldman Sachs, and Fannie Mae.
Military installations like Fort Hood shape life in Killeen, TX. In Pensacola, FL, the economy and culture revolve around the Navy. Peterson Space Force Base and the Air Force Academy influence Colorado Springs, CO. These military towns require real estate professionals who understand the transient nature of military families. Frequent moves mean constant housing turnover. Younger demographics also distinguish these communities. Agents familiar with military needs can assist home buyers, sellers and renters during their assignments.
Major policy shifts are underway in Asia that could have ripple effects on US interest rates over the next few years. In Japan, the central bank is unwinding its yield curve control policies that had previously sent billions overseas chasing returns. As this cheap money flows back home, Japanese investors may sell US assets like Treasuries, pushing up yields. Meanwhile, China faces slowing growth and may need to sell some US bonds to defend its currency. While reduced Asian imports could slightly ease US inflation, experts believe upward pressure on rates from capital flows is a larger factor. On balance, developments in Asia are poised to be a moderate headwind for US interest rates.
The Federal Reserve’s new FedNow system enables instant transfers between bank accounts. This could revolutionize the homebuying process by speeding up down payments, mortgage payments, and more.
Suppose you own a recreational vehicle (RV) or camper van and want to buy a home in a planned community governed by a homeowner’s association (HOA).In that case, you’ll want to pay close attention to the homeowners association parking rules…
The Federal Reserve is on track to become technically insolvent within weeks as losses mount on its bond portfolio from rapidly rising interest rates. This potential Federal Reserve insolvency raises important questions around transparency, oversight, and the Fed’s ability to cover its deficits by issuing liabilities backed implicitly by taxpayers.
Uncover 10 jaw-dropping mortgage rate hacks that’ll help you save thousands on your home loan. From improving your credit score and leveraging the power of a mortgage broker like Silver Mortgage, to exploring government-backed loans, these expert tips will guide you toward an incredible mortgage rate and make your dream of homeownership an affordable reality.