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Category Archives: Mortgage

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FHFA nixes more-inclusive credit-scoring mod...

Aug 01, 2018
The Federal Housing Finance Agency (FHFA) today announced that it would not make a decision in 2018 about updating [more]
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Unsavvy owners: 3 in 10 don’t know their int...

Aug 01, 2018
Nearly three in 10 mortgage borrowers either don’t know the rate they’re paying on their loan or declin [more]
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Congress passes flood insurance, president e...

Aug 01, 2018
The National Flood Insurance Program (NFIP) won’t expire on July 31, 2018, as feared. NFIP will continue rene [more]
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Owner has second thoughts about lender’s ins...

Jul 16, 2018
Question: We have let our mortgage lender choose our hazard insurance for our home. Although it was more expensive, we figured that if our lender picked it, then it must be great coverage. A friend ju [more]
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Rethinking real estate valuations and tradit...

May 18, 2018
Appraisals are a vital part of the real estate transaction and have traditionally been done in-person by an experienced appraiser. But efforts to reduce costs, increase efficiencies and incorporate mo [more]
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Average U.S. rate on 30-year mortgage rises ...

May 09, 2015
WASHINGTON (AP) – May 8, 2015 – Average long-term U.S. mortgage rates are up this week to the highest level since mid-March. Mortgage giant Freddie Mac said Thursday that the national average for a 30 [more]
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NAR: Majority of metros experiencing widenin...

May 09, 2015
WASHINGTON – May 8, 2015 – Rising home prices in many metro areas have helped homeowners build housing wealth in recent years, but the continued decline in homeownership means the gains are going to f [more]
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1 in 4 renters spend half their pay on housi...

May 04, 2015
ORLANDO, Fla. – May 4, 2015 – Canadians Edward and Arlene Fairbrother are selling their $395,000 Central Florida vacation home for a $30,000 loss but, because of favorable exchange rates, they expect [more]
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Average rate on 30-year mortgage rises to 3....

May 02, 2015
WASHINGTON (AP) – May 1, 2015 – Average long-term U.S. mortgage rates rose slightly this week but remain near historic lows with the spring home-buying season underway and showing strong sales. Mortga [more]
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‘This is no housing bubble’

May 01, 2015
CHICAGO – April 30, 2015 – Home prices are rising more rapidly than they did just a few months ago, as demand outpaces supply. Existing-home sales surged 9 percent year-over-year in March, and home pr [more]
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