Real Estate Leaders Pleased With New Mortgage Disclosure Forms
The new ruling is an important step toward the consumer having greater control over the mortgage loan process which will take effect in August 2015…
News
Understanding The IRS’s ‘New Math’ For Landlord Repairs
The IRS finally provides guidance on building repairs vs. improvements…
Families Blocked By Investors From Buying U.S. Homes
Investors and traditional buyers are snapping up cheap homes before prices go higher, but investors have the advantage of paying cash and not having to go through a convoluted mortgage process…
New Rules For Jumbo Loans Will Make Homebuying Costly In 2014
Lenders see heightened risk for loans that don’t meet guidelines…
Regulator’s Talk Of Reduced Fannie And Freddie Loan Limits
Real estate industry warns of credit crunch if thousands of homebuyers are moved into ‘jumbo’ territory…
Why 2014 Should Be A Good Year For Housing
Look for Fannie and Freddie’s new regulator to push for looser underwriting, down payment requirements…
Regulators Weigh Proposal For Minimum 30% Down Payments On Loans
A coalition of groups opposes the possible requirement of a 30% down payment for buyers to get the best loan rates and terms. ..
Mortgage Shopping? Some Lenders Offer Closing-Cost Credits
Borrowers shopping among banks and mortgage firms shouldn’t focus solely on interest rates. Ask lenders about the possibility of credits toward closing costs…
No More Cheap Loans For Seniors
Seniors will face new hurdles in tapping a tool some have used to help finance retirement: the federal government’s reverse mortgage program.
Good News For Owners Of Smaller Rsidential Rental Properties
The IRS has finally issued the final version of its monumentally long and complex regulations…