Freddie to Help Under served Owners Find Jobs Freddie Mac announced a new partnership with a job-hunting firm called NextJob to provide employment search assistance to current and aspiring homeowners living in high-need or other poverty areas. The program will assist homeowners who have Freddie Mac Home Possible mortgages increase their re-employment prospects following a …
Tag: News
Jun 15
Gen Z Expected to Make Big Splash in Housing
Gen Z Expected to Make Big Splash in Housing Generation Z is still mostly comprised of kids, but analysts in the housing market are already expecting big things about this generation’s future appetite for real estate. Generation Z, born in 1997 and beyond, is a cohort of about 65 million to 75 million who are …
Jun 13
Need a Jumbo Loan to purchase your dream home?
Need a Jumbo Loan to purchase your dream home? Freedom mortgage’s Alliance jumbo loan is designed to meet the unique needs of home buyers looking to finance up to $3 million. Program features: 10, 15, 25 & 30 year fixed rates 5/1, 7/1 $ 10/1 Adjustable rate mortgages (ARMs) Borrow up to $3 million Available …
Jun 12
Despite Rising Prices, Negative Equity Persists
Despite Rising Prices, Negative Equity Persists Though homeowners are seeing their equity grow—properties with negative equity fell 3 percent in the first quarter of this year—2.5 million homes nationwide still are considered underwater, according to CoreLogic’s Home Equity Report. Negative equity refers to borrowers who owe more on their mortgages than their homes are worth …
Jun 08
Homeowner Equity Growth Streak Continues
Homeowner Equity Growth Streak Continues Homeowners with a mortgage saw their equity rise 13.3 percent year over year, according to CoreLogic’s Home Equity Report for the first quarter of 2018, released Thursday. The average homeowner gained $16,300 in home equity between the first quarter of 2017 and the first quarter of 2018. That is …
Jun 07
‘Low Price’ Homes Appreciating Fastest
‘Low Price’ Homes Appreciating Fastest Gains for lower-priced homes are seeing significantly higher increases than more expensive homes, according to the latest CoreLogic Home Price Index Report. CoreLogic researchers analyzed four individual home price tiers. The tiers were broken down into a “low price” tier that reflected homes priced at 75 percent or less of …
Jun 06
Yes, you can achieve the American dream of home ownership
Yes, you can achieve the American dream of home ownership We can help At freedom mortgage, we believe everyone should have the opportunity to own their own home. If you feel you may not be able to qualify for a mortgage, we have good news. We can provide you with flexible loan options that can …
Jun 05
Baby Boomers Plan to Delay Retirement
Baby Boomers Plan to Delay Retirement The majority of working baby boomers ages 50 and over say they expect to delay retirement, according to a survey by The NHP Foundation, a nonprofit real estate corporation supporting affordable housing. The cost of housing may be one reason why. Prospective retirees say their top three concerns are …
Jun 04
Mortgage Rates Retreat
Mortgage Rates Retreat After climbing to their highest level in more than seven years, mortgage rates eased a bit this week. It was the first time they declined in four weeks, says Sam Khater, Freddie Mac’s chief economist. The 30-year fixed-rate mortgage fell 10 basis points to a 4.56 percent average this week. “The decline …
Jun 01
Buying a fixer-upper? Get a Renovation loan!
Buying a fixer-upper? Purchase and renovate all in one loan! Get a Renovation loan! For the house that’s almost perfect, we have the perfect solution: A Renovation loan. Renovation Financing allows you to buy a house and fix it up using one loan with one monthly payment. You pick the contractor and finance improvement costs. …
May 31
The Top Landscaping Trends for 2018
The Top Landscaping Trends for 2018 Native plants, outdoor yoga spaces, and charging stations are among the hottest landscaping trends growing in consumer demand for 2018, according to a new report released by the American Society of Landscape Architects. Landscape architects were asked to rate the popularity of several residential outdoor design elements. Landscape architects …
May 30
Single-Family Rental Giant Hit With Class-Action Suit
Single-Family Rental Giant Hit With Class-Action Suit Invitation Homes is being accused of excessive and illegal late fees charged to tenants who fall behind on their rent, according to a class-action lawsuit. In the suit, plaintiffs claim the single-family rental giant charges a late fee of $95 even when rent is only an hour …
