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Survey Finds Many Renters Worry About Homeownership

Pro Builder

Wed, 09/08/2021 - 09:22. And it does not help that home prices continue up while incomes lag behind, the economic analyst told CNBC. middle class depends on home equity as a source of wealth more so than wealthy families, who tend to own more financial assets like stocks and bonds, according to the Pew Research Center.

Equity 105
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First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

Mon, 03/01/2021 - 09:43. A borrower obtaining an FHA-insured mortgage pays $43,797 over the life of the loan in mortgage insurance (MIP) compared to only $31,908 in the case of loan backed by Fannie Mae/Freddie Mac where the borrower stops paying the monthly private mortgage insurance (PMI) on year 9 when equity reaches 20% the prior year.

Finance 100
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FHA Will Change How Student Loan Debt Affects Eligibility

Pro Builder

Mon, 06/28/2021 - 09:41. In order to assist more lower-income homebuyers and close the racial homeownership gap, the Federal Housing Administration (FHA) will change the way it reviews an applicant’s student loan debt. FHA Will Change How Student Loan Debt Affects Eligibility. cbroderick.

Debt 98
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More House Hunters Are Seeking Out Diverse Neighborhoods

Pro Builder

Fri, 10/22/2021 - 10:04. Developers—for profit, market rate or mixed income—are thinking deeply about issues of social equity and doing the best they can to address some of these broader societal issues we’re all talking about,” said Rachel MacCleery, senior vice president at the Urban Land Institute in Washington, D.C.,

Housing 105
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Forbearance Exits Expected to Add Inventory

Pro Builder

Tue, 08/10/2021 - 09:37. The intense housing market and strong equity growth will offer these homeowners more options than those in 2008 who were pushed into involuntary foreclosure, says Zillow. months of additional supply will come to market and represent 5% of home sales from August – October 2021. .

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Key Financial & Safety Metrics for Subcontractor Qualification 

Autodesk Construction Cloud

For another, work delays from 2021 are likely to impact the risk of subcontractor default in 2022 and beyond. . Debt-to-Equity . Debt-to-Equity measures how much suppliers, lenders, creditors and obligors have committed to the company versus what the shareholders have committed. Debt (Less Cash) to Equity .

Safety 94
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Home Price Appreciation Benefits Some Homeowners but Leaves Many More Scrambling

Pro Builder

Wed, 12/15/2021 - 10:07. While some are swimming in equity, others are drowning in debt—and losing their homes as a result. Property tax increases are causing foreclosure rates to rise in states where homeowners are already facing high unemployment rates, income inequality, and large debt-to-income ratios. Financials.

Debt 52