Delinquencies have been steadily declining over the past two years. According to a new survey from Fannie Mae, credit availability is improving. For the first time in over three years, the majority of consumers believe it's easier to get a mortgage.
What does this mean for consumers?
1. Improved home sales.
2. Higher prices and value for the homeowner, which create a Seller's market.
3. Homeowner on the edge of delinquency are able to sell their home and downgrade into a more affordable home while maintaing home ownership.
4. An increase in loan generation to borrowers with less-than-perfect credit in Q4 2013.
5. Home ownership for many are now becoming a reality.
The first step to Home Ownership is Planning, start planning today with Bernard Hill Elite Realty group 832-643-1741. His passion is helping you make your dream a Reality.