The White House’s Appraised Value: $295 Million
There have been significant financial improvements observed over the last four years, and during in more recent months, home values across the country have climbed considerably after a sharp decline....
View ArticleForeclosure Filings Slipped Just 3% Last Year
Nationwide, millions of people got their finances under control last year and in doing so were able to get a better handle on their various loan obligations, including their mortgages. As a...
View ArticleNew Rule Requires Banks to Pass Appraisals Onto You
More new rules keep coming in from the Consumer Financial Protection Bureau regarding the general credit and mortgage markets, all with the intention of protecting consumers’ finances now and years...
View ArticleRefinances Jump Markedly to End 2012
The number of borrowers throughout the U.S. who want to refinance their mortgages continues to climb, as new data reveals homeowners headed to lenders in droves at the end of 2012, particularly during...
View Article10 Cities at Highest Risk for Mortgage Fraud
The housing market has been improving significantly for nearly a year at this point, but with those upticks in activity across the board in the last several months, it seems that instances of potential...
View ArticleDo You Really Have Enough Money to Buy a Home?
One of the things many of us think about as children is growing up and buying a house. It seems like the crux of reaching adulthood. But if you take the leap into homeownership before you’re ready, you...
View ArticleCFPB Issues New Rules for Risky Mortgages
In an effort to help prevent mortgage issuers from directing potential homeowners toward taking mortgages they may not be able to afford, the federal consumer financial watchdog agency recently...
View Article15-Year Mortgages: The New Darling of Homebuyers
Even today, the most popular type of mortgage financing comes with a 30-year term and fixed interest rates, but another loan type is growing far more popular as a result of the continued low interest...
View ArticleExperts Say Huge Housing Recovery Unlikely
The national housing market has been in recovery mode for several months now, and experts believe that gains will continue at least through the end of the year. However, it’s also important that...
View Article3 Things That Can Stop a Mortgage in Its Tracks
Congratulations! You found your dream home at a price you can afford. Your income and credit scores are high. Your debt level is low. No problem getting that loan approval, right? However, your...
View ArticleWill These States Lead the Housing Recovery?
We’ve been inundated with news stories about the housing market recovery, along with a few counter-arguments by skeptics who think we still have a long way to go. These analyses tend to focus on...
View ArticleFHA Loans to Get More Expensive
Big changes are in store for borrowers with Federal Housing Administration mortgages, as well as those who have been hoping to take advantage of the FHA program’s lower down payment options. FHA...
View ArticleSenator Pushes for Simpler, Consistent Home Loan Rules
Federal regulators are now significantly overhauling rules to which mortgage originators and brokers must comply when granting this type of loan to consumers so that they are more affordable, but one...
View ArticleMore Signs Point to Continued Housing Recovery
In the past several months, the housing market has taken massive steps forward, and now appears poised to continue its growth unabated at least through the end of the year, and perhaps beyond. Now, new...
View ArticleSlow Foreclosure Process Still Causing Trouble in Florida
The national housing market has been improving significantly for some time and new data suggests that the number of homes in the foreclosure process is declining as well, but in the state of Florida,...
View ArticleYounger Consumers Value Homeownership More
The economic downturn that ended a few years ago may have soured many consumers on making significant financial decisions, but as the effects of the recession fade, many may be more interested in...
View ArticleHousing Market Plateaus in January
The national housing market has improved considerably over the past year, but those steps forward appear to have stalled a little in the first month of 2013. While improvements on a semi-annual and...
View ArticleStrong Housing Market Expected to Push More Economic Growth
The improvements seen throughout the housing market for more than a year now have been considerable, and many experts believe that those positive changes will in turn eventually drive the broader...
View ArticleCFPB Reminds Lenders of Consumers’ Rights in Mortgage Transfers
The federal watchdog agency tasked with protecting consumers from unfair or predatory financial practices by many types of financial institutions recently issued new guidance for some companies related...
View ArticleExperts Warn of Second Housing Bubble
While there have been significant improvements in the national housing market over the course of the last 12 months or so, some experts are now growing concerned that those jumps in property values...
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