Castro's Clumsiness Isn't Helping the FHA
Congressional lawmakers grilled HUD Secretary Julian Castro about the FHA’s high default rate and questioned his recent move to cut borrowing costs.
Castro's Clumsiness Isn't Helping the FHA Read More »
Housing Market News
Should I Wait Until Spring to List My Home? Not Necessarily
For the best chance of selling your home quickly and at a premium, your best bet is to list it in the spring: 39 percent of homes listed between March 21 and June 20 in the past five years went under contract within 30 days and 15 percent of them sold for more than list price. But winter is a very close second bet, just one percentage point behind in each measure.
Should I Wait Until Spring to List My Home? Not Necessarily Read More »
Rock-bottom Interest Rates, More Homes for Sale Send Housing Market off to an Early, Roaring Start
Record-setting demand, more inventory, easier lending conditions and low interest rates are signaling that the housing market will be strong this year.
Woohoo! Washington Makes it Easier to Get a Mortgage
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.
Woohoo! Washington Makes it Easier to Get a Mortgage Read More »
Low-Money-Down Mortgages? It's Not the Apocalypse
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.
Low-Money-Down Mortgages? It's Not the Apocalypse Read More »
Home Prices Up 7.6 Percent in January as Redfin Reports Record-Setting Homebuyer Demand
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,
Home Prices Up 7.6 Percent in January as Redfin Reports Record-Setting Homebuyer Demand Read More »
