Home Prices vs. Gas Prices
With mortgage rates hitting 2015 highs last week, one might worry that the housing recovery will lose steam. The 30-year fixed climbed to 4.08% per… Read More »Home Prices vs. Gas Prices
USDA Home Loans Are About to Get More Expensive
While the government has been busy lowering costs for FHA loans, it seems the opposite will happen for USDA home loans, which are one of… Read More »USDA Home Loans Are About to Get More Expensive
The Greeks Aren’t Making Their Mortgage Payments
And who could blame them…what with their entire financial system in complete disarray. The Greek situation is a mess, as you’ve probably heard. The government… Read More »The Greeks Aren’t Making Their Mortgage Payments
Harvard: Renting Is the New Buying, But It’s Unaffordable
The Joint Center for Housing Studies of Harvard University released the 2015 edition of The State of the Nation’s Housing report this week and it… Read More »Harvard: Renting Is the New Buying, But It’s Unaffordable
Realtor and Airbnb Team Up to Let People Try Before They Buy
Consider this common scenario. You really like a house and decide to make an offer. After winning a bidding war and perhaps paying a little… Read More »Realtor and Airbnb Team Up to Let People Try Before They Buy
Owning a Home Costs Nearly $10,000 a Year Not Including the Mortgage
A lot of folks I know who rent are still hot on the idea of homeownership, but it’s important not to overlook all the costs… Read More »Owning a Home Costs Nearly $10,000 a Year Not Including the Mortgage
Discover to Halt Mortgage Lending
If you’re wondering how difficult it is to enter the business of originating mortgages, just take a look at Discover. The credit card company turned… Read More »Discover to Halt Mortgage Lending
The Mortgage Crisis Needed More Adjustable Rate Mortgages
You know what the mortgage crisis needed more of? Adjustable-rate mortgages. Yep, we needed more loans with variable interest rates to both avoid such a… Read More »The Mortgage Crisis Needed More Adjustable Rate Mortgages
You Can Buy a Nice House in Houston for $1
A family living in Sunset Heights, close to the center of Houston, Texas, is parting with their home for just $1. But in order to… Read More »You Can Buy a Nice House in Houston for $1
HARP and HAMP Receive Final Annual Extension, Probably
Since being introduced back in 2009, both and the Home Affordable Modification Program (HAMP) and the Home Affordable Refinance Program (HARP) have helped millions either… Read More »HARP and HAMP Receive Final Annual Extension, Probably