News that FHA will eliminate a prepayment penalty starting next year has been widely reported. It’s a move NAR has been seeking for some time because it will relieve borrowers of a financial hit that’s entirely out of their control and also bring the agency’s policies in line with other federal agencies that backstop mortgages. Perhaps most importantly, it… Read more »
Posts Categorized: New Concepts
Is Shared Housing the Next Thing for LGBT Boomers?
Just as ideas in fashion become new again, so do many other facets of our lives. Years ago it was common for people to live together in extended family groups and to form close-knit communities. Then individualism drove us apart. But there has always been a desire in the hearts of many to live close,… Read more »
Vertical Agriculture
The 21st century has seen rapid urbanisation and the global population is now expected to grow to more than 8.3 billion by 2050. Currently, 800m hectares – 38% of the earth’s land surface – is farmed and we’ll soon need to give over another 100m hectares if we continue to use current agricultural methods. That’s… Read more »