Should You Pay Off Your Mortgage or Invest The Money?
Nov24

Should You Pay Off Your Mortgage or Invest The Money?

Retiring your home loan sounds like a great idea. So does investing for your future. If you don’t have enough money to do both – and a lot of people don’t – which do you go for? AdviceIQ Network member Jason Lina, lead advisor at Resource Planning Group in Atlanta, tells us how to figure that out: Should you invest with your spare cash or pay off your mortgage early? As with most financial planning decisions,...

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Millennial Homebuyers Put Austin In The Top Ten Best U.S. Cities to Buy
Aug08

Millennial Homebuyers Put Austin In The Top Ten Best U.S. Cities to Buy

According to the National Association of Realtors, first-time homebuyers have been largely absent from the housing market in the current economic recovery, but some metropolitan areas – particularly in the Midwest and West – are well positioned to see increases in home-buying from the Millennial generation in upcoming years.   NAR analyzed current housing conditions, job creation and population trends in metropolitan...

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U.S. Home Prices at A Record High, Surpassing 2006 Market
Jul22

U.S. Home Prices at A Record High, Surpassing 2006 Market

According to the National Association of Realtors, existing-home sales in the U.S. increased in June 2015 to their highest pace in over eight years, while the cumulative effect of rising demand and limited supply helped push the national median sales price to an all-time high. All major regions experienced sales gains in June and have now risen above year-over-year levels for six consecutive months.   Total existing-home sales,...

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HUD Rules to Require Affordable Housing in Wealthier Neighborhoods
Jul08

HUD Rules to Require Affordable Housing in Wealthier Neighborhoods

Local governments will be required to provide access to affordable housing in wealthier neighborhoods under a rule issued Wednesday by the Department of Housing and Urban Development. If they fail to meet this obligation, these localities would no longer be eligible for community development block grants and other HUD funding.   HUD Secretary Julian Castro says the agency's Affirmatively Furthering Fair Housing rule…...

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Can You Benefit From Your VA Entitlement On You Second Home?
Jun30

Can You Benefit From Your VA Entitlement On You Second Home?

If you used a U.S. Department of Veteran Affairs (VA) loan for your first home, you probably don't think you can benefit from the entitlement again. As it turns out, you might be able to. Current service members and many veterans get into their first homes by taking advantage of mortgages backed by the VA. These home loans are advantageous because they often allow for no down payments, no mortgage insurance, reduced closing...

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FHFA Announces G-Fee & Mortgage Insurer Eligibility Changes
Apr23

FHFA Announces G-Fee & Mortgage Insurer Eligibility Changes

  In mid-April, the U.S. Federal Housing Finance Agency (FHFA) made two important announcements. The current guarantee fees charged by Fannie Mae and Freddie Mac are largely appropriate, and with only minor changes, will remain the same. Additionally, the two government-sponsored enterprises issued revised private mortgage insurer eligibility requirements, which go into effect Dec. 31. G-Fees Mostly Hold Steady According to...

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