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Bookmark or Share- MSHDA Leader Applauds Passage of House Bill 5032 ... - State of MichiganMedia Contacts: Josh Pugh, PughJ5@michigan.gov Katie Bach, BachK@michigan.gov Anna Vicari, VicariA@michigan.gov MSHDA Leader Applauds Passage of House Bill 5032, Paving the Way for Expanded Homeownership Opportunities in Michigan
- Is the American Dream of Homeownership Still Within Reach?Key Takeaways. Mortgage rates don’t fall in tandem with declines in the Fed funds rate because they include risk premia for investors. Housing affordability, which is at a 40-year low in the U.S ...
- 7 home equity borrowing mistakes new homeowners should avoid nowAvoiding these big home equity borrowing mistakes can help new homeowners protect both their homes and their finances. Getty Images American homeowners are sitting on a goldmine of equity right ...
- Homeownership Isn't For Everyone - A Wealth of Common SenseA reader asks: I am a Marine Corps Infantry Veteran and my wife is now an Air Force Officer (struck gold). We got married and bought a home in 2020 benefiting from the low rates at 2.4% and were lucky enough that the home appreciated 25% in 3 years when we were forced to sell due to military orders changing.
- 3 Major Obstacles Limit Rural HomeownershipAmericans living in rural areas often struggle to get a mortgage, which limits their ability to attain homeownership. One key reason is the limited availability of small mortgages, those under $150,000, which hits particularly hard in rural communities.But potential buyers in these areas also face several distinct barriers to financing that prevent them from using mortgages at the same rates ...
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