The Problem with Low Mortgage Rates? Sellers Who Won’t Move
Couples with a 2.7% mortgage may want to downsize after children leave yet find it cheaper to stay put. If so, it would further limit the tight home-sale inventory.
Couples with a 2.7% mortgage may want to downsize after children leave yet find it cheaper to stay put. If so, it would further limit the tight home-sale inventory.
Equifax, TransUnion and Experian will provide free credit reports weekly through April 20, 2022. Complaints about credit-scoring issues doubled during the pandemic.
The time “springs forward” at 2 a.m. Sunday, but lawmakers still want Fla. to keep it year-round so visitors can enjoy an extra hour of evening daylight all winter.
A University of Chicago study found that property valued in the bottom 10% in a metro generally averaged an effective tax rate double of those in the top 10%.
FHFA extended mortgage-approval changes added during the pandemic – such as alternatives to appraisals and alternate methods to verify income and employment – through April 30. But the agency said that’s likely the last time it will do so, at least for some of the temporary easements.
An analysis of 52 U.S. commercial markets identified the top 10 based on market strength, and the SW Fla. community is “holding up to the pandemic’s negative impact.”
A shortage of home appliances continues, and 90% of builders have trouble stocking new homes. Why? The pandemic spurred people to wash more often and stock up on food.
Tenants who don’t pay their water bill or power bill get it shut off, says one Orlando landlord. “But we are the one service they can get away with not paying for.”
A Consumer Financial Protection Bureau interpretive rule says it won’t tolerate discrimination against the LGBTQ community, and lenders can’t discriminate based on applicants’ “actual or perceived nonconformity with traditional sex- or gender-based stereotypes.”
Former Rep. Marcia Fudge will oversee the U.S. Department of Housing and Urban Development after a 66-34 confirmation vote Wed. in the U.S. Senate.