In the next couple weeks, it might be harder to buy a new property after experiencing a short sale, assuming you plan on using a… Read More »New Fannie Mae Guideline Could Shut Out Some Buyers Who Sold Short
It’s no secret that mortgage lending has hit the skids in recent months. There are considerably fewer borrowers refinancing their existing mortgages and home purchases… Read More »Volume of $1 Million to $10 Million Mortgages Hits All-Time High
Last week, Zillow hosted its fifth housing forum in the nation’s capital to discuss current real estate matters. The panel of reporters, real estate gurus,… Read More »Realtors’ Chief Economist Says FHA Loans Are a Rip-Off for Consumers
There were several reports floating around today that Zillow is in talks to buy its smaller rival Trulia for a whole lot of money, despite… Read More »Zillow to Buy Trulia for $3.5 Billion in Stock
A new analysis from Zillow revealed that many minimum wage earners own homes nationwide, a surprising fact given how low the hourly rate of pay… Read More »Yes, You Can Buy a Home on a Minimum Wage Salary, Maybe
Are you still looking to buy a place before time runs out? Don’t want to miss out on the next big housing boom? Well, it… Read More »Home Prices Are Expected to Peak in 2016, Then Do Pretty Much Nothing Through 2022
While mortgage volume might not be what it once was, it seems more of those loan applications are actually funding these days. The latest Ellie… Read More »Mortgage Closing Rate Surpasses 60% in June
At a time when smaller banks are easing underwriting guidelines to deal with flagging mortgage demand, JP Morgan Chase seems to be taking a step… Read More »Chase Seems to Be Losing Interest in Originating Mortgages
Yesterday, the U.S. Justice Department came down hard on Citigroup, slapping the bank with a $7 billion fine over allegations it sold faulty mortgage-backed securities… Read More »California Homeowners Will Receive About $90 Million from Citigroup Mortgage Settlement
Life has gotten a lot more convenient over the past decade thanks to our friend the Internet. Today, we can shop for clothes, groceries, and… Read More »Opendoor Review: Get an Offer for Your Home in Just 24 Hours
