There’s been a lot of apprehension regarding the role investors have played in the ongoing real estate market recovery. Specifically, what they plan to do… Read More »Institutional Buyers Claim Smaller Share of Real Estate Market in Early 2014
After the Fed steered mortgage rates lower via quantitative easing, the housing market got the boost it needed to get back on track. In fact,… Read More »Why Low Mortgage Rates Might Force You to Stay in Your Current Home Forever
More on the housing affordability front, which I think is a growing concern as the housing market continues to recover and possibly get somewhat ahead… Read More »RealtyTrac: Monthly Housing Payments Have Increased 21% Over the Past Year
Many people will look back at 2013 with regret, perhaps realizing that there was a golden opportunity to purchase a home at a major discount.… Read More »It Looks Like the Seller’s Market Is Coming to an End
If you’re not satisfied with the selection of mortgage programs offered by your bank or local lender, you might want to consider the new 15/15… Read More »PenFed Just Invented a New Mortgage Program: The 15-Year ARM
A new report from iEmergent, a mortgage data analytics firm, claims a huge chunk of the nation can’t buy a home, despite reduced asking prices… Read More »More Than 40% of U.S. Households Not Willing or Able to Purchase a Home
Despite grumblings of mortgage credit being overly tight, most Americans now seem to believe it’s easy to get a mortgage. Fannie Mae released its January… Read More »Majority of Americans Now Believe It Is Easy to Get a Mortgage
At a time when mortgage rates are still in the bargain basement, one would think that a large majority would be taking advantage by refinancing… Read More »Despite Low Rates, Nearly Half of Homeowners Haven’t Refinanced Their Mortgages
The latest housing crisis has been all about inflated home prices and underwater mortgages. But not every borrower entering foreclosure is in an upside-down position.… Read More »Fitch: Number of Borrowers Entering Foreclosure with Positive Equity Doubled in Past Two Years
After a few great years, refinance activity has taken a bit of a dive. Ironically, the recent decline is directly attributable to the refinance boom… Read More »Median Age of Refinanced Home Loans Oldest Since 1985
