HousingMarket Report: How Falling Mortgage Rates Will Affect the 2019 U.S. Housing Market Mortgage rates have been going through a steady decline, with home buyers getting more and more opportunities at locking excellent rates. Homeowners are looking at opportunities for refinancing their mortgages – making it more affordable for their budget in the long run. […]
Current financial trends and housing market conditions influencing housing finance.
Calabria: We must grab this opportunity for reform. Mark Calabria has officially taken office having been confirmed as the new director of the Federal Housing Finance Agency by the Senate. The role of the agency is to oversee Fannie Mae, Freddie Mac, and the majority of the US housing finance system. Calabria replaces Joseph Otting, […]
Navigating the home mortgage maze can be challenging, particularly for first-time home buyers. Adding to the confusion is the fact that several types of mortgage loans can fit into multiple categories used to define home finance. To sort through the types of home mortgages available to you and ensure you understand terminology, here is a […]
Unless you have been living in a cave all year, you know that the Federal Reserve is about to raise interest rates, which might affect your pocketbook as you prepare to apply for a mortgage loan or a refinance. However, the way it has played out isn’t quite what experts predicted. Here are three things […]
New closing forms are designed to make home buying less confusing and better protect home buyers. Here’s what you need to know as a prospective home owner from the new “Know Before You Owe” rule going into effect October 3, 2015. According to the Consumer Financial Protection Bureau, the U.S. government’s agency responsible for consumer protection related […]