Housing Wire

AUGUST 26, 2024

The dynamic has led to a repositioning of players in the market. In the meantime, these companies could market other products, such as home equity loans, to borrowers in these portfolios. We’ve taken the opportunity to exercise our access to the capital markets, and raise a lot of money to ‘buy customers’ in bulk or in flow.

Mortgages 459

Mortgages Banks Debt-to-income ratio Loans 459

Marco Santarelli

FEBRUARY 7, 2025

The question on everyone's mind: Is the 2025 housing market poised to repeat the disastrous events of the 2008 crash ? While market adjustments are always possible, the key differences in supply and demand, lending practices, and overall market psychology make a repeat scenario highly unlikely.

Pre-approval 87

Pre-approval Marketing Debt-to-income ratio Lending 87

Marco Santarelli

MARCH 4, 2025

However, mortgage rates have dropped nearly 30 basis points from their February average and plunged last week amid market fears of an economic slowdown. It signifies a potentially more favorable environment for entering the housing market or adjusting your current mortgage terms. markets, affecting rates. mortgage rates.

Mortgages 119

Mortgages Debt-to-income ratio VA loan FHA loan 119

HomeLight

APRIL 10, 2025

Timing the sale and purchase just right especially in a competitive market like Phoenix often adds extra pressure. Because bridge loans are designed for speed and convenience, they usually cost more than a traditional mortgage. Your dream home just hit the market, and you want to move fast before its gone.

Equity 52

Equity Loans Home sale contingency Debt-to-income ratio 52

Marco Santarelli

DECEMBER 21, 2024

As someone who's gone through the mortgage process a few times and kept a close watch on the market, I can tell you it's rarely a simple yes or no. Why Timing the Market is a Losing Game (Most of the Time) I know the idea of waiting for the lowest possible rate is tempting. But trust me, theres a lot to unpack here.

Debt-to-income ratio 52

Debt-to-income ratio Mortgages Loans Equity 52

HomeLight

APRIL 9, 2025

Bridge loans tend to cost more than traditional mortgages, but they are designed to be fast and flexible, helping you move forward without as much financial stress. Your lender may calculate your debt-to-income ratio to decide if you qualify.

Equity 52

Equity Loans Debt-to-income ratio Home sale contingency 52

HomeLight

DECEMBER 5, 2023

A bridge loan is your short-term financial bridge, designed to help you purchase that new home while your old one is still on the market. Bridge loans can be pricier than regular mortgages, but they’re designed to be your speedy and hassle-free ticket to that new home. How does a bridge loan work in Connecticut?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

OCTOBER 25, 2023

Find a Top Agent With Experience in Bridge Loans Partner with a top agent who knows your local market and has experience with bridge loan programs. At its core, a bridge loan is a short-term financial solution designed to help you buy your next Arizona home before you’ve sold your current one.

Equity 111

Equity Loans Debt-to-income ratio Closing costs 111

Marco Santarelli

DECEMBER 11, 2024

Mortgage rates have climbed today as the market anticipates the report from the Consumer Price Index (CPI) set to be released later today. With expectations that the CPI will indicate an uptick in inflation for November, todays increase in mortgage rates may be the market's proactive response.

Mortgages 52

Mortgages Debt-to-income ratio Fixed-rate mortgage Loans 52

HomeLight

NOVEMBER 7, 2023

The balance of timing and funds becomes even more precarious when faced with a competitive housing market where inventory is scarce and prices seem to keep climbing. Enter the bridge loan, a financial tool designed to bridge this very gap. But what if you could seamlessly transition from your current home to the next?

Equity 115

Equity Loans Debt-to-income ratio Home sale contingency 115

Realty Biz

AUGUST 20, 2023

Additionally, having a pre-approval letter demonstrates to sellers that you are a serious buyer and increases your chances of accepting your offer in a competitive market. Taking steps to improve your credit score, such as paying off outstanding debts or resolving any issues, can enhance your chances of a favorable pre-approval.

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AAOA

MARCH 24, 2025

They also command the highest rents in their markets. Often called workforce housing, they cater to median-income earners with more affordable rents while offering decent amenities and a good location. They may face functional issues, have outdated designs, or require maintenance and renovations.

Property Management 66

Property Management Debt-to-income ratio Renovation Loans 66

HomeLight

JUNE 22, 2023

Save thousands when buying a home HomeLight recommended real estate agents are top-tier negotiators who understand the market data that helps you save as much as possible when buying your dream home. Debt-to-income ratio After looking at how much money is flowing into your household, you’ll want to write down your monthly debts.

Debt-to-income ratio 98

Debt-to-income ratio Mortgages FHA loan Loans 98

HomeLight

NOVEMBER 29, 2023

Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging. A bridge loan is a short-term financial solution designed to “bridge the gap” between selling your existing home and purchasing your new one.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

Marco Santarelli

MAY 27, 2024

If you're in the market for a house, that 7% average rate on a 30-year fixed loan might feel like a brick wall blocking your dream of homeownership. USDA loans are designed to help finance homes in rural areas. This will involve a deep dive into your credit score, employment history, debt-to-income ratio, and any assets you hold.

Debt-to-income ratio 96

Debt-to-income ratio Mortgages FHA loan VA loan 96

HomeLight

SEPTEMBER 1, 2022

Millennials, or those born between the years 1980 to 1998 , have long dominated the consumer market. As such, this generational group should have also taken over the real estate market. Well, hello there, student loan debt. Student loan interest rates are pretty low – they’re designed that way.”. Debt-to-Income ratio.

Debt-to-income ratio 104

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HomeLight

AUGUST 31, 2020

Don’t let the name fool you: areas designated for Rural Development loans can be closer to cities than you might expect. Plus, certain programs have a certain debt-to-income ratio that you must fall under in order to qualify as a first-time buyer. Debt-to-income is as important as your credit score in a lot of cases.”.

Debt-to-income ratio 93

Debt-to-income ratio FHA loan Pre-qualification VA loan 93

RIS Media

JUNE 5, 2021

. “Last year saw a spike in refinances, but more than 2 million low-income families did not take advantage of the record low mortgage rates by refinancing,” said FHFA Director Mark Calabria in an April press release initially announcing the new program. Eligibility Standards. Optimistic Outlook. According to Levine, C.A.R.

Debt-to-income ratio 111

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HomeLight

DECEMBER 15, 2023

Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. A bridge loan is a practical, short-term financing solution designed to “bridge the gap” for homeowners like you. What is a bridge loan, in simple words?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 29, 2023

This can be even more difficult in a market like Dallas, where inventory is scarce and prices are soaring. A bridge loan is a short-term financial tool designed to “bridge the gap,” enabling you to purchase a new home before you’ve sold your current residence.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 15, 2023

With rising prices in a market where homes are in high demand, timing your sale and purchase can be particularly challenging. A bridge loan is a temporary solution designed to “bridge the gap” between selling your current home and buying a new one. The lender will calculate your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

MARCH 9, 2023

You’ll want to reach out to several different lenders, and that’s where it’s beneficial to have a Realtor® that is super knowledgeable about what programs are out there,” explains Amber Carlton , a Fargo, North Dakota agent who works with 71% more single-family homes than the average agent in her market.

Loans 96

Loans Debt-to-income ratio VA loan FHA loan 96

HomeLight

DECEMBER 14, 2023

This can be a vital tool in a market like San Francisco, where every minute counts. They are designed as a short-term solution, allowing you to move forward with your new purchase without having to wait for your old home to sell. They usually require your current home to be on the market and offer bridge loans for up to a year.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

Marco Santarelli

DECEMBER 22, 2024

Understanding these rates is important for making informed decisions in the housing market, whether you're buying a home or refinancing your current mortgage. Economic Conditions: Factors such as the overall health of the economy, inflation rates, and the employment market all play crucial roles. Are mortgage rates expected to drop?

Mortgages 52

Mortgages VA loan Fixed-rate mortgage Debt-to-income ratio 52

HomeLight

NOVEMBER 29, 2023

In a market with limited inventory and high prices, aligning the timing and finances for both transactions becomes a significant challenge. In real estate, a bridge loan is a short-term financial tool designed to aid you during the overlapping period of selling your current home and purchasing a new one.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 29, 2023

Balancing the sale of your old home with purchasing a new one in Washington state can be tricky, especially in a market where homes are scarce and prices are high. This short-term financing option is designed to help you bridge the gap, allowing you to buy your new home in Washington state before you’ve sold your current one.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Hawaii can often feel like a high-stakes balancing act, especially when you’re trying to sell your old home while buying a new one. This challenge becomes even more daunting in a market where inventory is scarce, and prices are soaring. But what if there was a smoother way to transition?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 29, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. It’s a short-term loan designed to bridge the gap during the transition period of buying a new home while still selling your current one.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 6, 2023

Stepping into the real estate market in Houston can feel like a high-wire act, especially when trying to balance selling your current home with purchasing a new one. This balance of timing and funds becomes even more challenging in a market where inventory is scarce, and prices are sky-high. What is a bridge loan, in simple words?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Pennsylvania, especially when you’re trying to coordinate the sale of your current home with the purchase of a new one, can be a challenging balancing act. Your lender will likely assess your debt-to-income ratio (DTI) to determine your eligibility for a bridge loan.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

Norada Real Estate

JUNE 25, 2024

government , through Freddie Mac , has proposed a new home equity product that could significantly impact the housing market and homeowners. The Federal Housing Finance Agency (FHFA) has requested public comments on this proposal, which stipulates that these second mortgages would be subject to a combined loan-to-value ratio lower than 80%.

Equity 59

Equity Debt-to-income ratio Marketing Lending 59

HomeLight

NOVEMBER 30, 2023

Buying and selling homes in Maine often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. This can be a game-changer in a competitive real estate market like Maine’s, where timing is everything. An important factor in this scenario is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 30, 2023

This becomes particularly challenging in a market where homes are scarce, and prices are high. In real estate, a bridge loan, also known as a swing or bridging loan, is a short-term financing option designed to help homeowners like you. A key factor in this scenario is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

DECEMBER 4, 2023

In a market where inventory is low and prices are high, synchronizing the sale of your current home with purchasing a new one adds an extra layer of complexity. In real estate, a bridge loan is a short-term financial tool designed to aid you during the overlapping period of selling your current home and purchasing a new one.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Minnesota can feel like a high-wire act, especially when you’re juggling the sale of your current home with the purchase of a new one. A key factor in this process is your debt-to-income ratio (DTI). What is a residential bridge loan?

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HomeLight

NOVEMBER 30, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. It’s a short-term loan designed to bridge the gap during the transition period of buying a new home while still selling your current one.

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 15, 2023

Especially in today’s market, where low inventory meets high prices, achieving this balance often feels daunting. Enter the bridge loan – a short-term financial solution designed to bridge the gap. A crucial factor in this process is your debt-to-income ratio (DTI).

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111