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, […]
Redfin’s expectations for the 2015 housing market are identified through these six housing personas that we think will characterize the market this year.
With gas prices low and consumer confidence at the highest reported level in seven years, there was a lot to be cheery about heading into the holiday home-buying season. However, positive consumer sentiment did not translate into more real estate transactions last month as the number of homes sold plunged 21 percent in November versus October and was down 5 percent from this time last year.