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Home Affordability Report Shows Increased Pressure for Affordable Housing

Pro Builder

Home Affordability Report Shows Increased Pressure for Affordable Housing. Housing affordability continues to be a hot topic, as demand for homes outpaces supply and wage growth fails to keep pace with home-price appreciation . Unmet demand for housing continues to drive home prices higher, as median sales prices on homes in the U.S.

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Biden Announces New Plan to Help Homeowners Save on Mortgage Costs

Pro Builder

Under the new initiative, the Federal Housing Administration will reduce mortgage insurance premiums by 0.3 percentage points to 0.55% for FHA-insured mortgages. Under the new initiative, the Federal Housing Administration will reduce mortgage insurance premiums by 0.3

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Salary Needed to Afford a Home in the Top 15 Metros

Pro Builder

Housing costs are the biggest expense Americans have, with about one-third of the average American salary going toward these. SmartAsset identified the salaries needed in the 15 largest metros to afford an average home payment and not exceed the recommended 36% debt-to-income ratio. Salary Needed to Afford a Home in the Top 15 Metros.

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Construction Law: May 2024

Construction Law

Worst client in the UK” issues revised terms and conditions New, in-house terms and conditions of contract are to be used by Transport Scotland for the Tay Crossing to Ballinluig project, part of the much delayed £3.7 Arbitration Restructuring versus arbitral awards – will the debt survive? billion A9 Dualling programme.

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What Your Business Credit Report Tells Lenders

Pro Builder

Just like your personal credit score, your business credit score indicates whether you’re a good risk for paying your debts or not. Lessons Learned From Previous Housing Market Disruptions. This tells lenders a bigger picture of your payment habits or whether you’re missing out on repaying debts. .

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What You Should Know Before Taking a Construction Loan

Construction Marketing

Construction only : This type of loan covers house building costs only and requires for the loan to be repaid in full within a year after the project’s completion or refinanced into a mortgage. What to consider about construction loans. How to choose a construction loan lender.

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John Green’s Plan to Eliminate Predatory Lending Practices

Pro Builder

Blackstar Stability’s revolutionary approach to refinancing and restructuring distressed debt products earned the company a 2022 Ivory Prize for innovation in finance, but Green says the work has only just begun. The seller still has title to those homes, but the buyer is responsible for the maintenance, insurance, and taxes.

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