Genworth: 3% Down Mortgages Key to Lock In First-time Homebuyers in 2018
According to a new survey from Genworth Mortgage Insurance, the majority of respondents anticipate strong first-time homebuyer growth in 2018, with more than half (57%) believing that the first-time homebuyer market will grow at a faster pace than the overall housing market in 2018. And for the products that will be in high demand, respondents said that the majority (63%) of mortgage lenders believe demand for 97% loan-to-value products will grow in 2018.Coastal Mortgage Time Bomb
Reauthorization of the National Flood Insurance Program is part of Congress’ unfinished business in the New Year, and a consensus has not yet emerged despite House passage of a bill in early December. With the cost of flood insurance rising, and the current program insolvent, there is growing concern about the long-term implications for mortgage lending in flood prone areas.I celebrated holidays in a trailer. Don’t put it down, it was home.
This USA Today op-ed piece by Suzanne Anarde, who is program vice president for Rural LISC and leads rural investments and programming for the Local Initiatives Support Corporation, speaks to the important role manufactured housing can play in affordable housing.Rural Lending
Rural Business Owners Face a Dwindling Pool of Lenders
This article is part of the Wall Street Journal’s ongoing series of in-depth reports on conditions in rural America. It focuses on the significant loss of local banks in rural communities, whether community-based or branches of larger regional/national banks, and describes the severe impacts the loss is having on rural businesses and economies.(subscription only)
Government Sponsored Enterprises (GSEs)
No comments:
Post a Comment