HELOC borrowers could soon find their payments increase



Homeowners who have home equity lines of credit, called HELOCs, could be in for a nasty shock when their monthly payments increase suddenly.

Facebook drops $20M to create affordable housing in Palo Alto



In a climate where many displaced residents point their blame at the techies, Facebook has decided to invest $20 million in what it calls “A partnership to strengthen our local community.”

Finance Matters: How to Treat Your Very First Mortgage



Applying for a mortgage will most likely be one of the biggest financial decisions you ever make. That means it will be prudent to spend quite a bit of time exploring your options so that you can be sure you get the best possible rates

Airbnb rentals do not impact housing affordability, Zillow study claims



Nearly all housing experts surveyed last month in Zillow’s quarterly survey agreed short-term home rentals like those offered on Airbnb and HomeAway do not have a meaningful and large impact on housing affordability

Why the sudden spike in foreclosures last month?



Foreclosure filings jumped by 27 percent in October 2016 compared to the previous month, having previously hit their lowest level in 129 months in September

Zillow has just listed Santa’s home for $656,000



Ho! Ho! Ho! Zillow has just shown that it has a sense of humor after listing Santa Claus’ home on its real estate listings site.

What your clients need to know about cash gifts for down payments



It’s fairly normal for first-time buyers to receive down payment assistance from family members or close friends, but not everyone realizes there are quite strict rules in place that need to be adhered to.

Real estate to become a buyer’s market in 2017



Despite unfriendly market conditions for buyers, housing experts predict things will change in the near future.

Trump Organization Signs Indian Real Estate Deal



Trump Organization recently signed a deal with real estate firm Unimark Group for a residential project in Kolkata, and the group is in talks for a second project in Pune.

FHA report shows how home ownership could be made more affordable



The Federal Housing Administration’s newly released actuarial report shows that the Mutual Mortgage Insurance Fund is on a steady financial trajectory