EXIT Realty Premier Blog

Advantages and Disadvantages of Single Woman Homeownership
EXIT Realty Premier 4 years ago

 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...
EXIT Realty Premier 4 years ago

Housing affordability jumps for the first time since 2016 Aly J. Yale The Mortgage Reports Contributor June 3, 2019 - 1 min read

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...
Why You Should Buy Soon
EXIT Realty Premier 7 years ago

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...

BREXIT Has Allowed for New, Lower Mortgages
EXIT Realty Premier 7 years ago


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. 

This in turn increases the buying power of the market, allowing people to reach a new expanse of homes that were previously unavailable to them. Well qualified buyers can afford homes that are roughly 8% more expensive than at the beginnin...
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