President Donald Trump is pushing the U.S. Federal Reserve to drop interest rates down to nothing—or even go negative—ahead of the Fed’s meeting next week. That could have a big impact on the housing market, particularly for home buyers seeking cheap mortgages. “INTEREST COST COULD BE BROUGHT WAY DOWN,” Trump tweeted on Wednesday.”The USA should always be […]
Condo Buyers Will Soon Have an Easier Time Scoring a Mortgage
Buyers are about to have an easier time scoring a mortgage to purchase a condo. A new policy announced this week should significantly expand the number of individual condo units as well as condo developments eligible for Federal Housing Administration financing. The government-backed mortgages are popular with first-time buyers because they require as little as 3.5% […]
Should I Buy a Condo? The Pros and Cons
If you’re a potential buyer in the real estate market, you may wonder, “Should I buy a condo?” Condominiums are generally less costly to purchase than houses or townhouses, and they can offer conveniences you might not otherwise be able to afford. In fact, some buyers who are priced out of single-family homes in high-priced markets […]
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