The real estate market is showing signs of life with the news that home loan applications are up by a massive 23 percent in the last quarter
Reverse Mortgages Could Mean Elderly Lose Homes
June 12, 2015 by
A recent government study has found adverts for reverse mortgages which largely target seniors can be misleading. Elderly people tempted by these offers could find they end up losing their home rather than gaining financial freedom. The Consumer Financial Protection Bureau carried out a study showing elderly homeowners are being misled by the advertising for
Thinking of Accessing Your Home Equity? Things You Should Know
October 16, 2014 by
Before the recession, many people were able to tap into their home equity but all this changed during the last few years. However now house prices are recovering, more people have regained access to this source of funding that can help pay for renovations or big-ticket items, or to simply reduce debt. According to an
Banks blame new QM rules for fewer home loans
August 8, 2014 by
New mortgage rules enacted this year are prompting banks to issue fewer home loans, according to a Federal Reserve Board report released this week.
Your Credit Score 101: Building a Credit Reputation [infographic]
February 17, 2013 by
A lot is said about how the housing market is down, and about all the factors that lend weight to residential home buying falling short too. What is not always at the forefront though, are the ways which potential home-buyers might overcome the hurdles in front of them. We found one infographic that offers some sound credit advice for those in search of the still elusive American Dream of home-ownership.
Zillow® Releases New Zillow Mortgage Marketplace App for iPad®
November 15, 2012 by
In case you haven’t heard, Zillow® just launched the new Zillow Mortgage Marketplace app for iPad® towards the end of last month. The new app, which is free for iPad owners, was specifically programmed for the iPad because of the product’s multiple interactive, multi-touch screen capabilities that are available to Apple users. The purpose behind
Elections, Real Estate, Jobs, and Sucking Sounds
October 19, 2012 by
What can American’s expect their next president to do about the sagging real estate industry? Most experts on the subject would say, nothing. Neither President Obama, nor hopeful Senator Mitt Romney seems to care much about foreclosures or even a resurgence of the market.
Slow Yet Steady Upswing for Australian Real Estate Expected
October 3, 2012 by
According to the 25th Australian Property Directions Survey for September 2012, recently issued by API, the market is showing clear signs of recovery, which the institute’s specialists have labeled “a slow but steady upswing.” The situation
Single Mothers And The Home Loan Problem
September 26, 2012 by
Home loans are really a big and crucial problem for the individuals in the today’s financially crumpled world. For the single mothers without potential income resources, things become all the more worse than good.
Fannie And Freddie Principal Reductions: Election Year Wrangling?
April 11, 2012 by
FHFA Regulator, Edward DeMarco, charged with oversight of mortgage giants Fannie Mae and Freddie Mac, is under heavy pressure from the Obama administration and Democrats in congress to allow reductions of mortgage principal for qualified borrowers.
