I didn't know about it either. Yes, the US Department of Agriculture has a program, instituted back in the 1940s, to assist in rural development, that has become extremely popular during these days of crunching credit. These are USDA-backed loans, so approved lenders can offer no-money down. Read More
While some economists say the housing markets may have hit a bottom, others say there is more doom and gloom to come. Quintin Primo, chairman and chief executive of Capri Capital Partners, shared his insights on the real estate sector. Read More
Construction of new homes in the United States fell sharply last month to the lowest level since April, showing potential weakness in the economy's recovery. Art Cashin, director of floor operations at UBS Financial Services, shared his insights on the housing data and what investors should watch for in the markets. Read More
The home buyer tax credit was extended and expanded, and mortgage interest rates have actually been trending even lower, but housing's recovery is still being hampered by new appraisal rules. Read More