Sunday, October 22, 2017 Latest Real Estate News
FHA loans
Wells Fargo Holds Homebuyers Assistance Program
  • Credit Remains Biggest Hurdle for Millennials
  • It is acknowledged as the biggest hurdle first time homebuyers have to face in the real estate market. The stringent rules of loans and mortgage credit, as a byproduct of the recent recession, has made many millennials think twice to buy a home. According to a report from CNBC.com, while financial institutions are paying the price for their misconduct during the mortgage crisis, millennials too are paying the price.
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New Home Sales Up Despite Rising Mortgage Rates
  • Homebuyers Put Off by Credit Score Jitters
  • The statistics belie the fear of many home buyers especially first timers. 34 percent of future buyers said their credit scores may be too low to obtain a loan. 45 percent of those surveyed said they decided on postponing the purchase of a home to bide time in improving their credit scores.
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Mortgage Assistance Group Counselors Helps South Floridian Home Owners