Nav Thakur | Housing
mortgage, home finance, home loans, real estate, finance



Home Affordability Drops to 6 Year Low

16.08.2014 in Home Buying, Housing

Despite falling mortgage rates, homeownership costs increased through this year’s second quarter. For the first time since 2008, fewer than 63% of U.S. homes were affordable to households earning the national median income, assuming a 30 year fixed mortgage interest rate and modest down payment….

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08.02.2014 in Housing

OBAMA ADMINISTRATION RELEASES JANUARY HOUSING SCORECARD WASHINGTON– The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury today released the January edition of the Obama Administration’s Housing Scorecard – a comprehensive report on the nation’s housing market. The latest data show…

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Real Estate Home Prices vs. Super Bowl Appearances

30.01.2014 in Housing

Super Bowl Appearances vs. Real Estate Prices Super Bowl and Real Estate Facts Here are more facts that indicate a correlation between Super Bowl appearances and real estate prices: The 10 teams that have been to the Super Bowl the MOST come from cities with…

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Housing Growing But Still Fragile

14.08.2013 in Housing

July Housing Scorecard The latest data show important progress across many key indicators—as home prices, purchases of new homes, and sales of existing homes continue to show strong annual gains—although officials caution that the overall recovery remains fragile. “As the July housing scorecard indicates, the…

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10 Ways To Accidentally “Un-Approve” Your Mortgage

06.06.2013 in Housing

  For all the talk of how tough it is to get a “mortgage approved” these days, the basics of mortgages haven’t changed, it’s just the ending non-common counter-productive RED Tape that’s come into play. Sometimes though, it’s not getting approved that’s hard it’s staying approved….

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What Is A Refinance?

05.06.2013 in Housing

  In the world of home loans and getting a mortgage, the term “financing” refers to borrowing money from a bank to help pay for a property. If then, at a later date, the homeowner wishes to replace his mortgage with a new one.  For…

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How Modular Homes and Manufactured Homes Differ

05.06.2013 in Housing

  Facts About Modular, Manufactured & Site Built Homes When you are buying a home, you might hear the terms modular homes, manufactured homes and site built homes. It’s important to understand how they all differ, no matter whether you are purchasing an existing house…

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What Is An Underwater Mortgage?

23.05.2013 in Housing

  There seems to be some confusion on what it meant when your home was underwater.  Recently I was asked if flood insurance would protect against their home being underwater.  The underwater mortgage is a metaphor which came about from terms such as “drowning in…

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