Luis Bedoya
Good News for Your Wallet: Mortgage Rates Are on the Decline!
🎉 Great News for Home Shoppers & Owners! 🏡
📣 Mortgage rates are dropping! 📉
đź‘€ Quick Look:
- 30-year fixed-rate: now around 7.16%
- 15-year fixed-rate: now around 6.49%
đź’° What this means:
- Lower rates = lowe...
Cynthia Walker
Credit score 600, have 20% Downpymt,over 100k salary but DECLINED
Very frustrated... we have fair-poor credit, excellent employment, and want to buy a house $399k, can put up to 20% down, buying a primary residence, but cannot get even a pre-approval letter.  What are we doing wrong...
AJ Wong
Are Real Estate valuations rising or the value of dollars declining?
In 2018 the average US home price was $248kÂ
In Dec 2023 the average USÂ home price was $382,600.
An increase of roughly 50% in 5 years.Â
$100 in 2018 buys about $80 worth of goods in today's purchasing power.Â
A d...
Alfredo Diaz
Can i decline an applicant due to the number to occupants?
Hello BP Community!There are a few threads about this topic, but I haven't found one specific for my scenario. I have two applicants, both meet all minimum qualification standards. One applicant will be living with 3 ...
Ben Kevan
First Investment Property, Conventional Loan Declined on Flip Requirement - NOW WHAT
I have just received notice that my loan was declined from my conventional bank.
I'm considering approaching the seller about his options for seller financing. How should I approach this?
I know this is generic, b...
Curtis H.
Should I use the funds in my HELOC before market declines?
Hello BP, I do NOT have a good feeling about the next 6-12 months in regards to money in general in the U.S. I have a feeling the dollar value will drop dramatically, stock market same, and in general I just feel a fi...
Justin Brin
Population declining but prices are going up. How is that possible?
According to the US census data Los Angeles, CA county population declined 3.5% in the last few years as you can see here:(Data from April 2020 - July 2023).But Real Estate prices went up in that period 25% according ...
Sanjeev Advani
Macy's Sees Strong Demand for Real Estate Amid Department Store Decline
Macy's, a cornerstone of American retail, is seeing significant interest in the real estate it has put up for sale, a promising sign in a challenging market. The New York-based retailer, which also owns Bloomingdale's...
Jacob Barnhart
What happens if the market declines, preventing a refi. on a brrr
Basically If I get a short term loan in order to pay for a property and then a year later go to the bank to get the refinance to pay back the loan... what if the market declines or for some other reason I can no longe...
Henry Lazerow
Chicago prices declined at only 60% of the national rate M/M
It was interesting to read the case schiller housing data released on Nov 29th which re-affirmed my belief that Chicago is unlikely to see significant price declines. Chicago month over month decrease was only .6% vs ...