Looser Mortgage Requirements Entice Home Buyers
After the housing bubble went “pop” in 2007, it became a lot tougher for the average home buyer to qualify for a mortgage. Read More
4 Housing Signals That Don’t Show Recovery
Approaching election season, it’s common for public figures to grandstand about strong economic recovery and flout how Americans are better off under present leadership. Read More
New Rules Make Conventional Loans Easier To Get
Anybody that’s applied for a mortgage in America during the last 5 years knows how difficult the process has become. Mortgage lenders have tightened loan requirements to the point that even people with good income and credit can’t get a loan. Read More
Fannie Mae Cuts Conventional Loan Waiting Period After Bankruptcy
During the financial and housing crisis that gave birth to the so-called “great recession,” millions of homeowners found themselves underwater on their mortgages. Many more lost their homes to foreclosure, had to declare bankruptcy, or both. Read More
Mortgage Applications Rise From The Dead
For the week ending October 10, 2014 mortgage applications increased 5.6 percent from a week earlier, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey. Read More
Consumer Sentiment Hits 14 Month High
Further improving on previous gains, the Thompson Reuters/ University of Michigan Consumer Sentiment Index ends the month at 84.6, up from 82.5 last month. Current levels mean that consumer confidence is closing out September at it’s highest level in over a year. Read More
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