Mortgage rates are near record lows — but many Americans will struggle to find a lender willing to give them a home loan

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”

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

Alabama’s new marriage law: How to apply for a certificate Posted Aug 19, 2019 Facebook ShareTwitter Share1,267sharesBy Leada Gore | lgore@al.com Alabama’s new process for obtaining a marriage certificate is designed to make tying the knot easier but it will require couples to go through several steps. Starting Aug. 29, Alabama will no longer issue traditionalContinue reading

‘We Could be Living in the 1890s’: How Housing Discrimination is Still Perpetuated Today

Brenda Richardson – Money.com – Monday, August 24, 2020 More than a half century after its passage, a landmark law promoting residential integration is being undermined by political attacks. Intended as a follow-up to the Civil Rights Act of 1964, the Fair Housing Act was signed by President Lyndon Johnson on April 11, 1968, daysContinue reading “‘We Could be Living in the 1890s’: How Housing Discrimination is Still Perpetuated Today”