Monthly Archives: June 2014

Housing Market: Reluctance To Buy Or Sell

Despite favorable attitudes toward the housing market in recent months, Americans are showing reluctance to buy or sell, which has restrained activity below typical seasonal trends, according to Fannie Mae’s May 2014 National Housing Survey. “Consumers’ lukewarm income expectations and … Continue reading

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Private Mortgage Insurance Underestimated

Sixty-five percent of home owners with private mortgage insurance say that the additional cost of PMI prompted them to pay a higher monthly mortgage payment than they had originally expected, according to a new survey released by TD Bank of … Continue reading

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Outdoor Living Space: New Heart of Home?

Saber Grills surveyed 1,500 home owners from across the U.S., and 83 percent said that outdoor living space is their favorite part of their home. As your clients are prepping their homes for the summer selling season, they may want … Continue reading

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Making Mortgage Approval Easier

Making mortgage approval easier: With new mortgage rules and regulations in place, buyers may face more obstacles when applying for a mortgage. “Buying a home is likely the biggest purchase anyone will make, and community bankers are an excellent resource … Continue reading

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Half Of Americans Cannot Afford Their Home

Fifty-two percent of Americans say they’ve had to make at least one major sacrifice in order to cover their rent or mortgage over the last there years, according to the newly released “How Housing Matters Survey,” commissioned by the nonprofit … Continue reading

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More Home Equity Loans For Home Owners

Home equity lines of credit, or Helocs, and home equity loans soared 8 percent in the first quarter of this year compared to a year earlier, according to Inside Mortgage Business. It marks the largest share of home equity lines … Continue reading

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Pending Home Sales Rise in April

Pending home sales rose slightly in April, largely driven by gains in the Midwest and Northeast, according to the National Association of REALTORS®’ latest Pending Home Sales Index, which is a forward-looking indicator based on contract signings.  It marked the … Continue reading

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