If you are looking for an upbeat assessment of consumer sentiment regarding housing affordability, a recent survey with the MacArthur Foundation is not the place to go. Its most recent survey of housing attitudes shows many Americans feel that home ownership is increasingly unattainable and close to ... » Learn More about 4 out of 5 Americans Say Affordability is an issue
Mortgage Tips
Potential home buyers may be self-sidelining
CoreLogic economist Archana Pradhan believes some would be home buyers who may fear tighter qualification standards - are self-sidelining from applying for a loan, for their home purchase, which could represent a large pool of potential buyers who rent since they don't think they are able to become ... » Learn More about Potential home buyers may be self-sidelining
The real difference between military and non-military home buyers and sellers
Serving in the military dictates many home buying and selling decisions for active-duty members, and continues to have residual effects - both positive and negative - for veterans. For the first time, the National Association of Realtors included questions about servicing in the Armed Forces in ... » Learn More about The real difference between military and non-military home buyers and sellers
Average 30-year mortgage falls to 3.54%
Long-term U.S. rates on mortgages fell in the week for a second straight week amid continued global economic concerns. Mortgage buyer Freddie Mac said Thursday the average 30-year fixed-rate mortgage dipped to 3.54 percent from 3.60 percent a week ago. That is well below its level a year ago of 4.00 ... » Learn More about Average 30-year mortgage falls to 3.54%
HUD warns of scammers offering phony housing grants
Scheme offers HUD grant cash in exchange for upfront fee. The Department of Housing and Urban Development’s watchdog is warning people to be on the lookout for a scam that promises HUD grant cash in exchange for an upfront fee. HUD warns of scammers offering phony housing grants The fraud ... » Learn More about HUD warns of scammers offering phony housing grants