Cathy McDaniel Sponsors Update on Housing Finance and CreditWhen the housing market imploded in 2007 and took the economy with it, experts said the real estate market would never look the same again. Now, nearly seven years after the crash, the dust has finally cleared and we have a true picture of the new housing landscape for 2014. Real estate has had a distinct momentum this year, with demand finally starting to catch up with supply and significantly fewer distressed properties weighing down the system. In addition, home values are increasing.Homebuyers can expect a more competitive market moving forward and should start the mortgage lending process at least three months before they plan to begin seriously looking because experts expect the process to take several months under new lending standards. House hunters should be ready to deal right away as inventory is expected to remain at low levels. The issue of housing and access to credit are a high priority for today’s real estate professionals. What’s new on the American mortgage market? Let's talk November12th!The Mortgage Process Today - New Regulations for 2014 Credit and Credit Scores - Recent changes!Renovation Cash for Owner Occupant BuyersFHA Loan ProductsFannie Mae and Freddie Mac ProductsDepartment of Veterans Affairs LoanUSDA Mortgage ProductsQualified Residential Mortgage - Begins 2014Cathy McDaniel404-550-0775classeswithCathy@gmail.comwww.cathymcdaniel.com
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