Many potential buyers are waiting until they can be 100% sure the real estate market has fully recovered before making the move to purchase a home. Here are five reasons why waiting to buy their home might not make sense any longer… 1) Prices Are on the Rise The latest Case Shiller Home Price Index revealed that home prices …
Tag Archive: Qualified Residential Mortgage (QRM)
Jan 23
Will 20% Soon Be the Minimum Down Payment on a Home?
Some say that the looming regulatory tidal wave for home mortgages is about to break upon us… Several government agencies are reviewing data to determine what will be the minimum down payment required under the new Qualified Residential Mortgage (QRM) guidelines scheduled to be revealed in the next few months. In the original Mortgage Market Note issued by the FHFA, …
