Last year, investment in real estate tech startups totaled more than $6 billion, which isn’t surprising given the implications of big data on the housing economy. Everything from evaluating risk management to analyzing the next trend in housing depends on gathering “clean” information on mortgage borrowers and home sellers. But one group remains largely absent from this data collection, and this is the group that most…
There are many benefits of purchasing life insurance at age 23.
According to the Bureau of Economic Analysis, the average American spends over $1400 on buying clothes and related items per year and it's been estimated that most people only wear 20% of the clothing they own. Want to look great, keep the closet clutter to the minimum, and stop wasting money on unworn items? The key is building a wardrobe with smart purchases that are simple, timeless, and versatile. The following infographic offers a handy guide to building a smart wardrobe that will…
What costs, amenities and other factors differentiate buying a condo from a home? We break down the pros and cons of each real estate decision.
The 30-year mortgage rate decreased two basis points to 3.79% last week, according to F
Purchasing a fixer-upper is attractive to many buyers. Purchasing and renovating a fixer-upper isn't easy though. Find out the best tips here!
Here’s how to resist temptation and ultimately keep more money in your pocket.
Getting a mortgage became so difficult during 2009-2013 that millions of potential home buyers were shut out of the market. One agency has put an estimate on just how many of those mortgages are "
Westminster decides national security is reason enough for looking into the ownership of UK-housed chip designer shifting from Japan to the United States.
Buying a home can be tricky, so make sure you get the best deal possible.
Common financial decisions buyers make before purchasing a home
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09/14/2016 | Author: Editorial Staff
A survey from NerdWallet about financial decisions Americans make when purchasing a home reveals that more millennials than Gen Xers saved monthly for a downpayment and the top fear for Americans is the cost of repairs. See more information about saving, relationships, and fears in the infographic below
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The nonbank market share of agency purchase mortgage originations is growing at an astronomical pace. While this is causing alarms with politicians and policymakers, it can actually be a good thing for the market.
It takes a good credit score to get favorable mortgage rates. Then, how you pay a mortgage will shape your score – just having one can lower it at first.
In a recent interview with HousingWire, Mat Ishbia, CEO of United Wholesale Mortgage, explained why low down payment mortgages are growing in popularity, especially among Millennial buyers. Are 3% down mortgages going to be the new normal?
With lower down payments and more-flexible standards, lenders broaden their market
A new study estimates what home buyers in some of the biggest cities in the country need to earn in order to buy a median-priced home. In Cleveland, it's hardly anything. In San Francisco, it'
After mostly fading from the marketplace, more lenders are now stepping back in and offering reverse mortgages.
If a lower-than-expected appraisal comes in, you'll need to be prepared to pivot.