While the housing demand continues to surpass supply in different city pockets around the U.S., potential homeowners are faced with contending bids from other purchasers. The bottled-up demand has developed bidding wars from New York to San Francisco, putting additional pressure on property buyers, ... » Learn More about Buyers Deal with Housing Shortage
Loan Shortage Pushes Mortgage Firms to Accept Lower Credit Scores
Until recently, most lenders refrained from lending to borrowers with credit scores far below 600, even when government loan programs such as the Federal Housing Administration permitted it. The lenders worried having to buy the loans or indemnify the FHA for losses if the borrowers defaulted, not ... » Learn More about Loan Shortage Pushes Mortgage Firms to Accept Lower Credit Scores
3 Reasons to Refinance Before the Weather Improves
These solutions can help you secure a mortgage for your house. While mortgage rates went up last year, they held quite steady throughout early 2014. That could change as the weather starts to warm up. Here are three factors refinancing could get harder in the months ahead. 1. Better weather could ... » Learn More about 3 Reasons to Refinance Before the Weather Improves
A Conference Call in Real Life – funny
For anybody that has participated in a conference call, you'll get a kick out of this. ... » Learn More about A Conference Call in Real Life – funny
Chinese Buyers See Huge Opportunity in U.S.
More Chinese home buyers are turning their focus, that typically has been on real estate in Malaysia, Singapore, Canada, and Australia, to snatching up property in the U.S., Yahoo! Finance reports. Chinese buyers were second to Canadians for the largest number of U.S. homes bought last year by ... » Learn More about Chinese Buyers See Huge Opportunity in U.S.