San Gabriel Valley Real Estate

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Buying Cheaper Than Renting in 3 of 4 Housing Markets

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Buying cheaper than renting in 3 of 4 housing markets

Housing Market Sees Hopeful Signs of Spring

Urban Institute: 4 million missing mortgages

Who Wants to Move vs. Who Ends Up Actually Moving

An alternative to HELOCs: Financing tied to future home appreciation

The Compromises Millennials Make to Be Homeowners

Why the math on homeownership is not motivating renters

What you should know …

 Mortgage credit availability increased in March according to the Mortgage Credit Availability Index, a report from the Mortgage Bankers Association (MBA). The index increased 2.3 percent to 121.4 in March.

 A decline in the MCAI indicates that lending standards are tightening, while increases in the index are indicative of a loosening of credit. The index was benchmarked to 100 in March 2012.

 According to the MBA, although credit remains tight by historical standards, this increase in availability, coupled with low rates and job market strength, should lead to stronger home purchase activity this spring.


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This entry was posted on April 14, 2015 by and tagged , , .

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Contact Us!

Rich & Annie Reed
Long Dragon Realty
CalBRE# 01906230 & 01894384



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