U.S. homeownership is expected to fall a total of eight percentage points by 2015 from levels recorded in 2005, according to an analysis by John… Read More »Homeownership Rate Expected to Fall to 62.1 Percent by 2015
A while back, I wrote about whether it was a good time to buy real estate. While I argued that it certainly wasn’t a bad… Read More »Buy and Rent the New Buy and Flip
Late last week, Congress agreed to reinstate the temporarily inflated FHA loan limits that fell on October 1. So for the next two years, homeowners… Read More »Maximum FHA Loan Limit Restored to $729,750
If you don’t mind, let me beat a dead horse. Mortgage rates are at or near record lows and you could save a ton of… Read More »Should You Bother Refinancing Your Current Mortgage Rate?
The National Association of Realtors recently noted that home purchase contract failures have doubled, with 18 percent of NAR members reporting fallout in recent months.… Read More »Barely Any Mortgages Offered to Home Buyers With Credit Scores Below 620
The ratio of mortgage payment to median family income is the lowest on record, according to a new report from Fiserv. The company noted that… Read More »Mortgage Payments Lowest on Record
Remember the robosigning scandal that rocked the mortgage industry last year? Well, if you got caught up in the foreclosure mess, financial compensation may be… Read More »Independent Foreclosure Review Underway
