home mortgage: Home Equity: You May Have More Than You Think - 10/07/15 02:57 AM
CoreLogic recently released their 2015 2nd Quarter Equity Report which revealed that 759,000 properties had regained equity in the last quarter. That means that 91% of all mortgaged properties(approximately 45.9 million) are now in a positive equity position. Anand Nallathambi, president and CEO of CoreLogic, reported:
 
“For much of the country, the negative equity epidemic is lifting. The biggest reason for this improvement has been the relentless rise in home prices over the past three years which reflects increasing money flows into housing and a lack of housing stock in many markets.”
Obviously, this is great news for the financial situation of many homeowners.
But, do they realize their equity … (1 comments)

home mortgage: What Do You Really Need to Qualify for a Mortgage? - 09/09/15 06:50 AM
A recent survey by Ipsos found that the American public is still somewhat confused about what is actually necessary to qualify for a home mortgage loan in today’s housing market. The study pointed out two major misconceptions that we want to address today.
1. Down PaymentThe survey revealed that consumers overestimate the down payment funds needed to qualify for a home loan. According to the report, 36% think a 20% down payment is always required. In actuality, there are many loans written with a down payment of 3% or less.
Here are the results from a Digital Risk survey done on Millennials:
2. FICO ScoresThe Ipsos survey also … (1 comments)

 
Kristine Dugan, ABR, CREN, CRS, e-PRO (KW Kauai)

Kristine Dugan

ABR, CREN, CRS, e-PRO

Koloa, HI

More about me…

KW Kauai

Address: 2970 Haleko Road, Suite 205, Lihue, HI, 96766

Mobile: 808.634.8608

My blog consists of a variety of useful information pertaining to real estate news and information I come across during my working days! My intention is to educate you on all of your real estate options and choices when it comes to investing in the Kauai Real Estate Market. As your consultant, I provide you with "news so you can choose" rather than "tell you so I can sell you." Please feel free to review my real estate background, interview me and ask questions to establish that my team and I are the right fit for your short- and long-term real estate goals. Sharing Your Goals, Kristine Dugan | RS-85568 Huki Team | KW Kauai | RB-21975


Links

Archives

RSS 2.0 Feed for this blog