Real Estate news- More Banks Offering Up Loans for 5% Down?
High-Priced Properties Drive Housing Recovery
Higher-priced homes are outselling homes in lower-priced tiers.
More Banks Offering Up Loans for 5% Down?
For the last few years, buyers have been hard-pressed to land a mortgage if they didn’t have a 20 percent down payment. But some banks may be loosening up those requirements.
Home Ownership Rate Flatlines at 18-Year Lows
Some economists are blaming persistently low rates on first-time buyers being squeezed out of home ownership.
Loan Demand Eases in Past Week
A mixed picture with interest rates prompted mortgage applications to slip last week.
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Provided courtesy of Jacob Thomas, RE/MAX Presidential
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South Florida Estate Homes Inc
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