Housing affordability improved in the second quarter



Housing affordability is being propped up by rising incomes and low mortgage rates, according to the latest edition of the National Association of Home Builders/Wells Fargo Housing Opportunity Index.

Freddie Mac clamps down on low down payment loans



Mortgage giant Freddie Mac has said it’s tightening up restrictions on low down payment mortgages.

How to locate the ideal mortgage lender for you



It is common knowledge that taking out a mortgage is often a very emotional, time consuming, stressful and confusing process. And that’s the precise reason experts advise you to avoid being overly focused on the best mortgage rates alone.

6 essential mortgage tips for first time buyers



Being a real estate agent means more than just showing clients around homes and hoping they’ll like it enough to actually buy it

Zillow: Gen X homeowners struggling to build equity



Gen X homeowners bore the brunt of the housing crash, and it still shows a decade later as they lag behind in gaining equity in their homes

40% of Americans still overestimate down payment costs



Some real estate buyers make false assumptions about how much of a down payment they need to be able to buy a home, according to a recent survey by the National Association of Realtors. The NAR’s 2017 National Housing Pulse survey of 1,500 adults nationwide found that almost 40 percent of consumers believe a down […]

U.S. housing finance system is “unsustainable”, says Fed’s Powell



Federal Reserve Governor Jerome Powell has said the U.S. housing finance system is putting taxpayers at risk, calling the situation “unsustainable” and demanding more reforms.

Fed Rate Hike – It’s Your Debt Burden, Not Only Your Mortgage Rate



The Federal Reserve’s June rate hike was well forecast and shouldn’t surprise anyone. The new range is 1 percent to 1.25 percent compared to the previous 0.91 percent.

Fannie Mae makes it easier for borrowers with student debt to obtain a mortgage



Fannie Mae has altered its underwriting requirements in order to make it easier for would-be home buyers saddled with student debt to be able to qualify for a loan.

Survey: 77% of borrowers do not shop for the best deal on a mortgage



Mortgage comparison website FREEandCLEAR.com has published the findings of its first ever Mortgage Survey that provides insights into how borrowers select their mortgage lenders.

Sign up Now and get our guide on Facebook for Real Estate Professionals for Free

Sign up to the Realty Biz News mailing list to get updates from our site and also get our guide to Facebook marketing for Real Estate professionals for free