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Homeowners opting to improve rather than move: Loans Warehouse – Mortgage Finance Gazette
More homeowners are choosing to invest in their existing property rather than move, with demand for home improvement finance rising. This is according to secured loan broker Loans Warehouse. The comments follow a Reuters report highlighting the latest Nationwide House Price Index, which found UK house prices were flat in June while annual growth slowed…
Finally a decision: Two Harbors stockholders approve CrossCountry merger
Mat Ishbia, UWM’s president and CEO, had made clear in May that he viewed the outcome as a win for UWM either way. Speaking to Mortgage Professional America at UWM Live in Pontiac, Michigan on May 14, he said what UWM found during due diligence changed the whole picture. “I originally did a deal, thought…
Where should you buy a home? Crisil maps India’s emerging housing hotspots | Personal Finance
Demand in Tier-2 housing markets has grown at a 14% CAGR over the past five years, but rising prices and affordability concerns are beginning to reshape where—and what—homebuyers should buy, according to a report by Crisil Intelligence. The report says residential demand across 10 major Tier-2 cities expanded at a 14% compound…
The American Dream Gets a Backup Plan
Some homebuyers are having to get creative when it comes to buying a new home, a recent survey from U.S. News & World Report shows. The report revealed that more than half of homebuyers surveyed (57%) are taking on additional work or a side hustle to deal with higher housing payments, and that 37% of…
