Knowing more about how FHA works — and how to work with FHA — helps agents identify opportunities for their first-time buyer clients, who make up one in three buyers today. FHA is not for everyone, but for millions of young families, it is the piece th… Continue reading
If you’re newer to real estate or want a snapshot of how we got to this point in the mortgage industry, here’s a quick look. Continue reading
Student loan borrowers who use an income-driven repayment plan could be at disadvantage for taking on a mortgage, a study by the Urban Institute shows. Continue reading
It’s been a long, strange year, but that doesn’t mean we don’t have ample reasons to give thanks. Here are a few thing all agents can be thankful for this Thanksgiving. Continue reading
A decade after the Great Recession, the federal government wants to lure banks back into the Federal Housing Administration program that caters to first-time homebuyers, and this week announced regulatory changes meant to make that program more appealing. Continue reading
Approved by the Federal Reserve on Friday, the adjustment, from $250,000 to $400,000, marks the first time in 25 years such an appraisal threshold has changed. Continue reading
Last weekend the Federal Housing Finance Agency announced the first in a likely series of changes at Fannie Mae and Freddie Mac. Continue reading
Mortgage rates will remain stable for the next two and a half years, predicts an economist from the Mortgage Bankers Association. But the national housing shortfall continues to be a problem primarily because of the lack of building sites, according to… Continue reading
Figure, a startup that doubles as a home equity line of credit lender, has raised $65 million in equity funding, the company announced Wednesday. Continue reading
The largest homebuilder in the country has been hit with a lawsuit accusing it of providing loans to unqualified borrowers. Continue reading