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18 Jul 2022, 5:52 am
If you are still making mortgage payments, can you afford to pay the mortgage without your spouse’s financial support? [read post]
18 Jul 2022, 3:41 am by Mark Keenan
However, the non-owner can argue that they have a beneficial interest in the property if (i) they made regular contributions to mortgage payments and (ii) there was an intention to share ownership of the property. [read post]
15 Jul 2022, 3:00 am by Jay Butchko
The person who is planning on moving out should think about: Figuring out how much they can afford in rent or mortgage payments; Carefully calculating their expenses, including the delivery cost of new furnishings, tools, security deposits, etc.; Joining a housing community online, which can help house hunters find places on a budget; and Whether they will need to pay a capital gains tax on their old home. [read post]
., The Affordable New York tax provision expires, homebuyers in China refuse to pay mortgages, and more. [read post]
8 Jul 2022, 12:54 am by Tessa Shepperson
In the context of the cost of living crisis, backing from the local authority would help people access those mortgages with greater affordability at the heart of those arrangements These measures are by some margin the most draconian on second and holiday homes anywhere in the UK. [read post]
7 Jul 2022, 8:46 am
  Source: https://www.bankrate.com/mortgages/what-to-know-about-divorce-and-mortgage/Read More [read post]
7 Jul 2022, 8:46 am
  Source: https://www.bankrate.com/mortgages/what-to-know-about-divorce-and-mortgage/Read More [read post]
28 Jun 2022, 1:22 am by Mark Keenan
In the absence of substantial savings, it will be necessary to ensure that both parties will be able to afford new homes following the divorce. [read post]
27 Jun 2022, 4:03 am by Joshua Holt
If you need the most affordable coverage possible, term life insurance would also be a great choice. [read post]
26 Jun 2022, 4:00 pm
After evey potential investor turned down his beverage idea, Weiner was forced to take out a mortgage on his condo to self-finance his energy drink. [read post]
24 Jun 2022, 9:58 am by Zak Gowen
CFPB to Give Credit Card, Mortgage Rules ‘Fresh Look’Law360 – June 17, 2022 (subscription required) Consumer Financial Protection Bureau Director Rohit Chopra said Friday that his agency will take a “fresh look” at some of its existing regulations on credit cards and credit reporting, as well as certain Trump-era mortgage lending rules. [read post]
24 Jun 2022, 7:23 am by Anna Armstrong
CFPB to Give Credit Card, Mortgage Rules ‘Fresh Look’Law360 – June 17, 2022 (subscription required) Consumer Financial Protection Bureau Director Rohit Chopra said Friday that his agency will take a “fresh look” at some of its existing regulations on credit cards and credit reporting, as well as certain Trump-era mortgage lending rules. [read post]
24 Jun 2022, 1:40 am by Tessa Shepperson
Of course, the unprecedentedly large and widening spread between mortgage interest rates and inflation specifically incentivises highly leveraged property purchases. [read post]
22 Jun 2022, 10:43 am by Tom Smith
It wasn’t enough to surmount a doubling in mortgage rates in combination with persistently high prices.The National Association of Realtors’ measure of home affordability, based on mortgage rates, home prices and household income, showed that as of April existing homes were at their least affordable level since July 2007. [read post]
21 Jun 2022, 9:56 am by Simon Lovegrove (UK)
The mortgage affordability test was introduced in 2014 to guard against a loosening in mortgage underwriting standards and a material increase in household indebtedness. [read post]
21 Jun 2022, 8:00 am by Len Feltoon
  Sorting through the Options   Most first-time homebuyers realize they must have a sizable down payment to afford a good house. [read post]
15 Jun 2022, 1:27 pm by Ilya Somin
Ditto for putting a second or third mortgage on your expensive house, and then letting the kids use the money. [read post]