Tag Archives: news

People complain about mortgages the most

The CFPB says more than a quarter of borrowers submit complaints about their mortgage, making it the most-complained-about financial product. Continue reading

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Don’t get too comfortable with low rates

When the Fed finally makes a move, mortgage rates will likely increase and potential homebuyers will be affected. Continue reading

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Most hated weekday is best for homebuying

Monday is the best weekday to buy a home, according to real estate data firm RealtyTrac. Continue reading

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Many consumers think it’s a good time to buy

Nearly two-thirds of consumers think now is a good time to buy a home, according to a new Fannie Mae index. Continue reading

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New home sales move upward

Sales of new single-family homes are up more than 5% from June 2015 and more than 25% from July 2014, according to new data from the federal government. Continue reading

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Existing-home sales make more gains

Existing-home sales are up for the third straight month, according to data from the National Association of Realtors. Continue reading

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Builders grow more confident in market

Builder confidence in August rose to its highest level in nearly a decade, according to the National Association of Home Builders. Continue reading

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Does a nearby Trader Joe’s boost your home’s value?

Homeowners who live near Trader Joe’s have higher property values than those near Whole Foods, according to a RealtyTrac report. Continue reading

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Time to say ‘goodbye’ to home equity loans?

Two of the nation’s largest financial institutions have discontinued their home equity loan products. Continue reading

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Jumbo standards are loosening

Good news today for folks who can afford to borrow a half-million or more to buy a house: J.P. Morgan is the latest bank to ease its lending standards for jumbo mortgage. Continue reading

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