Tag: approval

By now, I'm sure everyone has heard about the sub-prime lending shakeup.In the event you haven't heard, the sub-prime lending shakeup was the consequence of many lenders' policy of earning loans which were extremely aggressive rather than necessarily good investments and that caused those loans to get a high default rate, which includes caused investors to avoid purchasing the loans in the secondary market...

The meteoric rise in property values, fuelled by low lending rates and demand, will probably be hitting an interval of stagnation.You can find two known reasons for that, which compound each other.One problem is that first-time buyers have already been almost completely priced from the property market, that ought to have resulted in a lowering of demand but didn't.The second reason is that many property owners are now struggling to buy bigger properties or buy more properties...

Maybe you're sick and tired of throwing out money on rent on a monthly basis.Maybe you're sick and tired of moving each year if you want to get new roommates.But you're still in school and you are not sure if you are ready to purchase a house.Listed below are the true facts on home ownership for students.It's plenty of responsibilityIf you're the sort of person who would prefer to call somebody when there is a problem, then home ownership may not be for you...