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According to data from Experian, the national home mortgage debt in 2017 stood at $201,811. That figure is up nearly 3% from 2016, and up 9.49% from 2007, signaling that too many American homeowners are sliding back into the mortgage debt morass that helped fuel the Great Recession of 2008 and 2009.
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Miam-Dade County resident files class action suit against Service 1st Mortgage for unpaid wages Miam-Dade County resident files class action suit against Service 1st Mortgage for unpaid wages The Miami-Dade Contractors Alliance, a nonprofit organization trying to eradicate unlicensed activity in Miami-Dade’s construction industry, has filed a class action lawsuit against more than 80.
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– A cat from Florida who went missing eight years ago was recently found in Ohio, West Palm Beach TV reports. According to a Facebook post by Angels for Animals, the animal shelter that identified the cat in Canfield, Ohio, Barley’s family found her 10 years ago in a Tampa Bay dumpster.
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A lower down payment means less initial equity in the home; The rates on this program are higher than rates on a 3%, 5%, 10% down payment, etc. Typically, the lower the down payment, the higher the rate. Borrower qualification and eligibility requirements for 1% down payment programs may vary by lender.