Today’s ultra-connected world undoubtedly gives us access to a barrage of information. Unfortunately, most of that information is never vetted by a third party. Thus much of it, although erroneous, floats hither and there…..many times mistaken as factual. One of many erroneous narratives currently circulating is that home prices have ...
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The Takeaway: Despite the overwhelmingly pervasive information circulating to the contrary, a great number of potential home Buyers still believe that they need a 780 FICO® score and a 20% down payment, in order to qualify for a home purchase. This misinformation of course then deters many would be homeowners ...
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The Takeaway: Major financial and property analyst, CoreLogic predicts home values will appreciate by 5.0% over the next 12 months. Mortgage giant, Freddie Mac predicts interest rates to increase to 4.4% by next year. The Cost of Waiting to Buy is defined as the additional funds it would take to ...
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Countless studies indicate that potential home buyers have an inflated view of what it actually takes to qualify for a mortgage in today’s market. The Wharton School of Business at the University of Pennsylvania’s research found that many Millennials have not moved forward with a home purchase, as it is ...
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