Items Tagged with ‘REVERSE MORTGAGES’ – The reverse mortgage industry continues to fumble in the wake of last year’s program changes, with new data pointing to a complete reversal of previous indicators of market recovery. According to.
How do reverse mortgages work? When you have a regular mortgage, you pay the lender every month to buy your home over time. In a reverse mortgage, you get a loan in which the lender pays you.Reverse mortgages take part of the equity in your home and convert it into payments to you – a kind of advance payment on your home equity.
How reverse mortgages are pushing senior citizens into foreclosure. – Virginia Rayford, 92, hoped a reverse mortgage would help her stay in her.. vice president at the houston-based company reverse Mortgage.
Houston home price increases lag state, nation in February – Home prices in the Houston area rose by 3.4 percent from February 2018 to. San Antonio posted a 5 percent gain, followed by Dallas at 4 percent and Austin at 3.7 percent. RELATED: Mortgage rates at.
Mortgage applications reach nine-year high, signalling strong homebuying season – Mortgage applications have reached a nine-year high, potentially signaling a strong homebuying season. The houston area housing market picked up in March as buyers closed on 7,072 single-family homes..
Houston metro-area cities where the rents are rising most quickly – An apartment for rent for $2,100 a month at 2068 Briar Grove in Conroe, the Houston metro area city with the greatest year-over-year rent increase according to Apartment List. 1. Conroe Year-over-year.
Reverse Mortgage – Houston Home Loans – “Reverse Mortgage” is a type of mortgage in which a homeowner can borrow money against the value of the property. The mortgage loan does not require repayment until the borrower dies or the home is sold. It is called reverse because the lender pays the homeowner. Advantage:
Zillow: U.S. Home Values Record First Monthly Decline Since 2012 – “Month-over-month numbers are volatile, and this small decline could reverse itself before the year is out and. Los.
Wells Fargo Mortgage Reviews – consumeraffairs.com – I submitted a written request to Wells Fargo to cancel my autopay because the house was in the process of closing and I wanted it paid out of escrow. Unfortunately, those Wells timely received the.
Houston’s Opportunity Zones among nation’s most appealing for investors – Investors have their eyes on Houston, thanks to a federal tax incentive known as the Opportunity Zone program. Part of the 2017 federal tax overhaul aimed to spur economic activity in low-income.
11 Houston area communities make national top-seller list – Riverstone, which had been the top-ranked community in Houston since 2014, moved to No. 34 from No. 26 in 2017 and No. 4 in 2014, according to RCLCO. RELATED: New-home market softens as mortgage rates.