New home sales

Article Summary Sales of new single-family homes in the U.S. plummetted to a 14-month low in June. Also, sales in earlier months were lower then previously estimated. An increase in housing prices, expensive lumber and shortages of other building materials are impacting the housing market. Sales of new single-family homes drop Sales of new single-family […]

Housing Market -- Sold sign

The housing market was in good shape this year — so good, in fact, that demand for homes to buy was greater than supply. Some would-be home buyers may have found themselves unable to purchase for a variety of reasons, even as other factors like low interest rates were attractive for buyers. So should you […]

shared-equity-

If you go by the National Association of Realtors’ Housing Affordability Index (HAI), buying a home hasn’t been so affordable since 20131. The Housing Affordability Index (HAI) is probably the most-widely-quoted metric for housing affordability. According to the NAR, “The Housing Affordability Index measures whether or not a typical family earns enough income to qualify […]

fha-loans-pros-cons FHA loans Ohio

The Federal Housing Administration (FHA), part of the Department of Housing and Urban Development’s (HUD) Office of Housing, provides guarantees on home loans to help more Americans afford homeownership. These loans offer three key benefits, low down payments, low closing costs, and flexible eligibility requirements. But, how can you qualify for an FHA loan in California? […]

fha-loans-pros-cons FHA loans Ohio

FHA Loans Ohio Summary FHA mortgages provide flexible eligibility requirements. The maximum loan amount varies by county. See the limit in your county below. Learn how to apply for an FHA Loan in Ohio. List of lenders below. Are you looking for an affordable way to buy a home in Ohio? One of the most […]

Mortgage interest deduction Should you get a mortgage cosigner?

In all likelihood, your mortgage is the largest loan you’ll take out in your lifetime. Most Americans spend decades paying off their mortgage — and that means racking up a ton of interest. The good news is there s a tax deduction that can make your life a little easier. The mortgage interest deduction reduces […]