Tag: homebuying
FHFA Gives Homeowners Second Chance To Buy Back Foreclosure Homes
Supporting the growth of the still recovering economy, the Federal Housing Finance Agency (FHFA) is now allowing for thousands of homeowners to buy back their homes at market value. Homeowners who have once lost their homes to foreclosure are now considered eligible to buy again, according to the FHFA’s new policy change. One of the […]
Annual Foreclosure Rate Increase After Nearly Four Years

An increase was seen in the annual foreclosure trend in Realtytrac’s most recent foreclosure rate report for the month of August, just a month ago. A 7 percent rate increase, after nearly four years ago since the last spike in annual foreclosure rate. Mortgage Home Base expands on this national foreclosure increase. Realtytrac’s foreclosure report […]
Low Mortgage Rates Adding to Purchase Loans

Purchase home loans are increasingly high today, exceeding that of refinance loans. Mortgage rates are lower than they have been the past year and U.S. lenders are seeing more interest in purchasing rather than refinance, as much as two-thirds for the month of June. Ellie Mae Confirms Home Sales Increase Based on Numbers of Loans […]
Buying A Home With The Right Real Estate Agent

There’s an entire technical world behind real estate transactions, including the type of agent you hire. Nine out of 10 buyers hire agents to represent them, according to the National Association of Realtors. However, you need to know what your favorite agent specializes in. From being an exclusive to dual agent, you want your buying […]
Quick Mortgage 101

With several mortgage programs to choose from, this can be a difficult task at hand for anyone who isn’t too familiar with the difference between each one. Varying from government endorsed programs to conventional, you will find that one of the two types is best suitable for you or what you may only be able […]
The Process of Buying a Home

Purchasing a home for anyone, whether it be a first-time homebuyer or second home investor can be a long and stressful experience. There are several steps to take and many things to consider before jumping in with an offer to purchase. Every home buying experience is different and may have different requirements involved. You may […]