WASHINGTON, D.C. – Individuals who are experiencing student loan debt now have a better shot at qualifying for a home loan thanks to changes that the Biden Administration has made to federal mortgage lending rules. The Federal Housing Administration (FHA) recently announced changes to its student loan calculations that are anticipated to create an easier environment in…

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Sizeable increases in home prices and low inventory won’t be enough to drive buyers away just yet. Buyers are likely to continue to hunt for homes due to low-interest rates that have driven affordability to the point where buying is cheaper than renting in more cities across the nation, according to a realtor.com study. The company compared…

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MBA Newslinks August 24, 2020 Ahead of this morning’s S&P CoreLogic Case-Shiller Home Price Indexes, a report from First American Financial Corp., Santa Ana, Calif., said low mortgage rates, tight supply and demographic demand will continue to drive home price appreciation well into autumn. “Mortgage rates are even lower (below 3% for the first time…

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