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Builders rediscover a tool from the 1980s that keeps new home prices from falling

Housing Wire

The gap peaked in November 2022, when the average note rate for new construction sales was one percentage point lower than the rate for existing home sales. Limited to loans with CLTV 76-80 and FICO 720-770 to control for the effect of loan level pricing adjustments. As of July 2023, the gap had slightly narrowed to 0.8

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How to Get a Land Loan to Build a House

RIS Media

Are you wondering how land loans work? Getting a loan for land is a smart move, especially when you will not be constructing your home right away. Let’s take a look at everything you need to know about acquiring a land loan, so your financing is an easy, carefree process. Where Do You Get Your Loan?

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Housing Market 2025: Why It’s Not 2008 Crash All Over Again

Marco Santarelli

Reckless construction and speculative buying led to a surplus that couldn't be sustained when the economy faltered. Demand continues to outstrip supply in many areas, particularly as millennial homeownership increases and new construction struggles to keep pace. Conventional loan requirements vary by lender.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. According to Sandy Williams, an eXp Realty agent in Sarasota, homeowners’ insurance costs have doubled for many in her metro area ( flood insurance costs have also risen dramatically). “I

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Buying New Construction for the First Time? Here Are the Dos and Don’ts You’ll Need to Know Before Jumping In

HomeLight

You’re looking at new construction as an option for your new home and love the idea of buying a brand-new house that has never been lived in before. However, you want to arm yourself with the tools and insider information so you don’t get too carried away with the new build. The dos of buying new construction.

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Bridge Loans in Texas: How to Unlock Home Equity to Buy Before You Sell

HomeLight

If you need assistance navigating the use of a bridge loan in Texas, HomeLight encourages you to reach out to your own advisor. Explore a bridge loan and let your home’s equity help fund your next house in the short term. Explore a bridge loan and let your home’s equity help fund your next house in the short term.

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What is a Jumbo Loan in Oklahoma 2023?

Redfin

When it comes to purchasing a home, buyers may find it difficult to find financing beyond the conforming loan limit. In this instance, you may need to apply for a jumbo loan. What is a jumbo loan? So what are jumbo loans in Oklahoma? So what are jumbo loans in Oklahoma? What is the jumbo loan limit in Oklahoma?