Jacob Passy – MarketWatch – Saturday, September 26, 2020 There’s perhaps never been a better time to take out a mortgage — at least from an interest rate perspective. But finding a bank willing to lend to you may prove tricky these days. The 30-year fixed-rate mortgage averaged 2.90% for the week ending Sept. 24,Continue reading “Mortgage rates are near record lows — but many Americans will struggle to find a lender willing to give them a home loan”
Monthly Archives: September 2020
A hedge fund looks to stop a big real estate owner from breaking up
Kenneth Squire – CNBC – Saturday, September 26, 2020 Business: Apartment Investment and Management Co. is a REIT that focuses on the ownership, management, redevelopment, and development of apartment communities in some of the largest US markets. It has two primary businesses: (i) AIR, which is a stabilized apartment investment vehicle with quality assets andContinue reading “A hedge fund looks to stop a big real estate owner from breaking up”
More People Are Looking for Month-to-Month Rentals. Should You Offer Them on Your Property?
Aly Yale – Millionacres – Thursday, September 24, 2020 For those in the market (or at least hoping to be soon), signing a long-term lease just doesn’t make sense. People need the flexibility to move quickly should a suitable house hit the market, and your traditional 12-month agreement doesn’t allow for that. There’s no doubtContinue reading “More People Are Looking for Month-to-Month Rentals. Should You Offer Them on Your Property?”
Avoiding Foreclosure
AVOIDING FORECLOSURE There are a number of programs to assist homeowners who are at risk of foreclosure and otherwise struggling with their monthly mortgage payments. The majority of these programs are administered through the U.S. Treasury Department and HUD. This page provides a summary of these various programs. Please continue reading in order to determineContinue reading “Avoiding Foreclosure”
Majority of Young Adults Are Living At Home
Empty nest no more? The COVID-19 pandemic has prompted millions of young adults to move back in with their parents since the spring. The majority of 18-to-29-year-olds now live with their parents, surpassing the previous peak during the Great Depression, the Pew Research Center reports In July, 52% of 18-to-29-year-olds lived with one or bothContinue reading “Majority of Young Adults Are Living At Home”
Why the run of record-low mortgage rates may be ending
Doug Whiteman – MoneyWise – Saturday, September 12, 2020 According to a popular survey that’s been around since 1971, mortgage rates have hit a record low — for the ninth time in 2020. Mortgage company Freddie Mac says its survey shows mortgages this week are averaging just 2.86%. You might assume you’ve got plenty ofContinue reading “Why the run of record-low mortgage rates may be ending”
Resources for Teachers and Educators This special section of MyMoney.gov provides information about and links to a collection of federal guides and curricula for teaching financial capability concepts. Our collection is designed specifically for teachers and educators, including those who work with children as well as practitioners who teach adults. The Spotlight Resources below provideContinue reading
HUD NEWS U.S. Department of Housing and Urban Development – Ben Carson, Secretary Office of Public Affairs, Washington, DC 20410 HUD No. 20-136 FOR RELEASE Public Affairs Monday 202-708-0685 August 31, 2020 HUD.gov/press HUD SECRETARY BEN CARSON HOSTS AFFORDABLE HOUSING ROUNDTABLE AND VISITS HABITAT FOR HUMANITY IN NORTH CAROLINA CONCORD, N.C. — U.S. HousingContinue reading
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