More Borrowers Want Permanent Payment Reductions
Mid-way through 2020, all of us thought the impacts of the pandemic would be temporary. We all made decisions based on this assumption, but now that it’s 2024, most of us have started to realize that the way things are simply the “new normal”. The current payment behaviors of borrowers in the non-QM loan sector.. Read More
Non-QM Home Loans in Texas
During the last quarter of 2023, homebuying finally started to pick back up. For a long period of time, the housing market appeared to be in a deep freeze like state, but with the spring of 2024, industry experts are hoping that things are starting to shift. Many industry experts are attributing this new burst.. Read More
How to Get a Mortgage When You’re Self-Employed
In January of 2023, about one out of every ten Americans reported being self-employed. Working for yourself comes with plenty of benefits, like a flexible work schedule and an increased earning potential, but it has its downsides, too. Most notably, being self-employed could hinder you when it comes to taking out a loan. If you’re.. Read More
Non-QM Experiences More Delinquencies from 2023
Since 2020, more homeowners and investors have turned to non-QM home lenders to help fund their purchases due to experiencing more non-traditional financial situations, economic instability, higher debt-to-income ratios, and more. Not surprisingly, that leap in the market may be experiencing a setback soon as lenders started to see higher delinquency rates toward the end.. Read More
Expectations for the 2024 Housing Market
As we head further into 2024, the housing market has continued to operate as expected. Demand is slowing, but with such a low supply of houses on the market right now, home prices have remained pretty steady. In fact, many experts predict that home prices will likely go up in 2024. A slowed down market.. Read More
What Will the Housing Market Look Like in 2024?
Since the start of 2020, the average housing prices in the US have increased by about 27.5%. In fact, housing experts say that housing prices increased faster between 2020 and 2022 than they did during the housing market bubble of 2005 to 2007. Thankfully, no major 2008-esque crash has occurred. What experts do expect, though,.. Read More
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