EXIT Realty Premier Blog
Did you know that prior to 1974, banks would not give mortgage loans to single, widowed or divorced women unless they had a male cosigner, regardless of their income? Even with a cosigner banks would only give women partial credit for the income they earned. That's when the Equal Credit Opportunity Act was passed.
Now, according to the National Association of Realtors 2018 profile of home buyers and sellers, single women homebuyers outnumbered single male homebuyers by 2 to 1.
Via Lending...Housing affordability jumps for the first time since 2016 Aly J. Yale June 3, 2019
Buying a home just got easier
There’s never been a better time to buy a home — at least not in the last three years. According to a new analysis, housing affordability has officially increased for the first time since 2016.
Show Me Today's Rates (Jul 9th, 2019)Housing affordability is on the rise
According to a new analysis from First Amer...Many people spend the early part of the year and summer looking for homes to transition to while the weather is warmer, or while children are out of school, etc. This year has been the best we've seen yet in real estate and the market is projected to keep growing. This means home prices around the country (especially in New York City) will rise with a competitive seller's market. Most people aren't thinking of buying a home right now because of upcoming holidays, school semesters and planning fo...
Britain’s leave of the EU has left the economic markets scrambling to get back on its feet, leaving windows of opportunity for some people. Mortgage rates are the lowest they’ve been since 2012 thanks to the move. The 30 year average came in at 3.46 percent.