Source:Financial Reporter — As the modern mortgage market continues to evolve, so too does the complexity attached to product offerings, criteria, lending policy, affordability and accessibility. I could go on but I’m sure you all have your own lists. Whilst...
Source: F — As a homeowner, you’ve worked hard paying off the mortgage on your house and updating it when you can. Now it’s time for the house to work for you! Low rates mean there’s a bit more equity in your home, which is an opportunity to...
Source: Investopedia — The Consumer Financial Protection Bureau (CFPB) has announced a new rule to help prevent foreclosures in situations where they can be avoided. The new rule, which went into effect on Aug. 31, requires that most mortgage servicers help...
Source: American Action Forum — Executive Summary The Federal Housing Finance Agency (FHFA) has suspended restrictions from earlier this year that prevented the government-sponsored enterprises (GSEs) from purchasing “high-risk” mortgages; it also announced a...
Source: Washington Post — Q: We recently sold our deceased mother’s home in Columbus, Ohio. The house needed quite a bit of work, was structurally sound, and was in a very desirable neighborhood. My siblings and I selected an agent after a couple of interviews,...
Source: Fox Business — If you feel weighed down by your mortgage, you might be anxious to pay it off as soon as possible. So when you find yourself with a little extra money in your budget, you may consider putting it toward your mortgage. Paying extra on your...
Hits and Misses for the Real Estate Week of Aug. 3-7
