In the slow-growth economy we foresee for the next few years, growth will be hard to come by and cash flow and dividends will be much more a focus than they have been the past few years.... Read More
That's right, your loan can be a full 25 percent more than the current value of your home, and Fannie and Freddie will gladly buy and/or back your new refi.... Read More
Many home sales are falling apart at the last minute because "appraisals are coming in unrealistically low,” says NAR Chief Economist Lawrence Yun.... Read More
Yesterday, in a speech to the American Bankers Association, the Comptroller of the Currency, John Dugan, suggested that the next area of concern in the mortgage market may be “reverse mortgages."... Read More
For most Americans, the tick up in the rate on the 30-year-fixed from just under 5 percent to around 5.5 to 5.75 percent doesn’t mean much, other than yet another bump on the road to potentially buying a home.... Read More