Reverse mortages can be a valuable product for seniors in the United States who live in a particular set of circumstances that support their financial well-being. For others, drawing on home equity can prove to be a dangerous bet that ultimately impacts the housing market in the wider community. A recent study conducted by USA […]
The rise of short-term rental services such as Airbnb and VRBO has had an enormous impact on how people plan vacations. This trend has also created an exciting alternative for those who invest in rental properties. Deciding whether to use a property as a short-term rental is largely a matter of location and regulation. Because […]
Ever since the 2008 recession, the trend of rebounding home values and stagnant income growth has made it increasingly difficult for working professionals to afford purchasing a home. A new study on how this pattern has impacted one particular profession in the United States — nursing — shows that Philadelphia is the second-best place in […]
Mortgage rates in the United States dipped to their lowest levels since September 2017 last week, sticking to about 3.82% for a 30-year-fixed mortgage on June 7. What was unexpected about this drop is that it held firm for about five straight days. Typically, these drops are reversed more quickly as Mortgage News Daily noted […]
