According to this latest CNN Money Article - the rates are low but that doesn’t mean everybody’s a shoe-in for a refi. One mortgage lender claimed he’s turning away 60-75% of applicants because they cannot qualify.
Underwriters are being more strict on lending requirements because banks are having a tougher time selling the mortgages (or validating that the mortgage is a good investment) for the secondary markets.
I always love these homes with all the gadgets, I’m a gadget person. If you are in the process of building or remodeling a home it would be fun to add some of these features.
A new “Inside the Box” idea is turning old shipping containers into “Future Shacks” inexpensive completely recycled homes. Some using it for mainstream new housing and others are using them for disaster relief. Either way the style and construction of these shipping boxes make them easily shipped anywhere around the globe with relative ease and minimal expense. Would you live in a “Future Shack?”
Check out the video below…
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