lending – Page 16 – The Markel Group

4 Major Reasons Households in Forbearance Won’t Lose Their Homes to Foreclosure

by markelgroupBlog, Cheryl Markel, foreclosure, lending, market, real estate April 12, 2021April 12, 2021No Comments

There has been a lot of discussion as to what will happen once the 2.3 million households currently in forbearance no longer have the protection of the program. Some assume there could potentially be millions of foreclosures ready to hit the market. However, there are four reasons that won’t happen. 1. Almost 50% Leave Forbearance …

Your Tax Refund and Stimulus Savings May Help You Achieve Homeownership This Year

by markelgroupBlog, buying, Cheryl Markel, investment, lending, market, real estate April 6, 2021April 6, 2021No Comments

If you’re planning to buy a home this year, saving for a down payment is one of the most important steps in the process. One of the best ways to jumpstart your savings is by starting with the help of your tax refund. Using data from the Internal Revenue Service (IRS), it’s estimated that Americans can expect an average …

There’s No Reason To Panic Over Today’s Lending Standards

by markelgroupBlog, buying, Cheryl Markel, lending, market, real estate April 1, 2021April 1, 2021No Comments

Today, some are afraid the real estate market is starting to look a lot like it did in 2006, just prior to the housing crash. One of the factors they’re pointing to is the availability of mortgage money. Recent articles about the availability of low down payment loans and down payment assistance programs are causing …

How a Change in Mortgage Rate Impacts Your Homebuying Budget

by markelgroupBlog, buying, Cheryl Markel, lending, market, real estate March 31, 2021March 31, 2021No Comments

Mortgage rates are on the rise this year, but they’re still incredibly low compared to the historic average. However, anytime there’s a change in the mortgage rate, it affects what you can afford to borrow when you’re buying a home. As Sam Khater, Chief Economist at Freddie Mac, shares: “Since January, mortgage rates have increased half a percentage point from historic lows and …

Buyer & Seller Perks in Today’s Housing Market

by markelgroupBlog, buying, Cheryl Markel, lending, market, real estate, selling March 29, 2021March 29, 2021No Comments

Right now, the housing market is full of outstanding opportunities for both buyers and sellers. Whether you’re thinking of buying your first home, moving up to a bigger one, or selling so you can downsize this spring, there are perks today that are powering big moves for people across the country. Here are the top two to …