The Consumer Financial Protection Bureau, a big regulator of mortgages, today said it wants to make it easier for small and rural banks to make home loans.
Low-down-payment mortgage loans aren’t the root of all economic evil. In fact, they can do a lot of good — giving people access to homeownership, for example. That’s why some people in Washington are making it easier for you to buy a house with only 3 percent down.
One consistent trend in housing is that prices fall every January. To get the industry’s earliest indication about January prices, today for the first time Redfin is releasing home price information for the current month. According to data from home sales recorded in the first three weeks of January, the median home price is $266,400,
After two years of neighborhood predictions, we’ve got the hang of this. Here are our predictions for the hottest neighborhoods of 2015.
Lorraine Woellert says she was a Redfin evangelist long before she ever thought of working here. “It wasn’t just the terrific app and all the cool stuff I could get on the website. What sold me was the Redfin mission to make home buying and selling better for people like you and me.”
People in Nashville and Memphis can now work with local Redfin agents and can use the Redfin online and mobile tools to search for every home on the market.
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