Lenders Must Report Information About Mortgages To IRS
Both bank and non-bank lenders are impacted by regulations and guidelines from Fannie Mae and Freddie Mac…
Both bank and non-bank lenders are impacted by regulations and guidelines from Fannie Mae and Freddie Mac…
Six reasons why we might be seeing more inventory soon…
Most lenders require borrowers to set aside funds to pay taxes and insurance premiums, United Wholesale Mortgage offers mortgages that don’t require escrow accounts…
Federal agency says premium cut will save borrowers $500 a year on average..
Home owners on average had a $12,500 gain in equity last year…
Two dueling perspectives on what each side has to worry about…
The share of U.S. homes purchased by investors recently hit its highest level in at least 21 years, according to Attom Data Solutions. Demand from investors has driven the recovery, but the resulting competition and price growth has adversely impacted first-time homebuyers. ‘”[F]uture growth in the housing market will continue to be largely in the … Read more
Rates are likely to hit 4.5 percent to 5 percent next year. This could put pressure on buyers to act; there are usually options open to buyers for working around higher rates, but buyers in high-priced markets will have more problems. It could also stymie the existing-home sale market as sellers decide to stay put … Read more
For downsizers, a lot less home is needed and wanted…
Four economists weigh in on what the next year has in store for each group…