FHA: The incredible, shrinking mortgage resource
Is FHA sending its most profitable, lowest-risk customers — homebuyers who have very good to excellent credit — to Fannie and Freddie for their mortgages, thereby losing significant market share? Yes. Are FHA’s multiple and costly hikes to its insurance premiums — and...False start for accelerated economic growth will keep mortgage rates grounded, for now
Gotta love it. The 2014 consensus forecast for accelerating growth lasted nine whole days. Crashing with it: any immediate rise in mortgage rates. Oh, hopes for faster GDP growth will be back, maybe quickly. But given a black sense of humor, nothing beats the...Money The Most Important Tips for Mortgage Borrowers in 2014
The clock is ticking for buyers and homeowners who want to grab a low mortgage rate in 2014. But if you stay on top of your game, keep your finances in order and act quickly, you can still grab attractive mortgage deals. These 10 mortgage tips can help you with your...CoreLogic: 791,000 underwater homes return to positive equity Only 6.4 million properties remain in negative equity
Rising home prices continue to pull underwater homeowners into positive equity positions, with 791,000 additional properties returning to a situation in which the borrower no longer owes more than the home is worth in the third quarter, CoreLogic (CLGX) said Tuesday....New mortgage rules may crimp lending, but should build investor trust
While some say new mortgage rules scheduled to take effect on Jan. 10 could crimp lending, the rules are key to building private investors’ confidence in the secondary market, according to a white paper released today by real estate data and technology firm CoreLogic....
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