Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program

Posted on March 15th, 2020 by admin

The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates..

Negative Equity Falls to Pre-Recession Levels Thanks to Home Price Gains

Posted on March 13th, 2020 by admin

Homeowner equity jumped again in the fourth quarter of last year. CoreLogic’s report said it found that, among homeowners with mortgages, about 63 percent..

COVID-19 Beginning To Affect Real Estate, But It’s Not All Bad News

Posted on March 13th, 2020 by admin

Home sellers and potential buyers appear to be having a variety of reactions to the turmoil surrounding the COVID-19 virus with some even viewing it..

Buying or Selling a Home? Here’s What You Need To Know About the Competition

Posted on March 6th, 2020 by admin

Knowledge is power. And if you’re planning to battle hordes of other buyers to get a home or put your own house on the..

Renters Mistakenly Believe They’re Paying Less Than Owners

Posted on February 13th, 2020 by admin

Renters questions in a new Freddie Mac survey expressed a rather unfortunate misconception. In its new Profile of Today’s Renter and Owner, the company said it..

FHA 2020 Loan Limits Set

Posted on December 4th, 2019 by admin

Federal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020.  The limits are based on..

Conforming Loan Limit Increased to $510,400

Posted on November 26th, 2019 by admin

The conforming loan limit for most of the U.S. will, quite predictably, move higher on January 1. The Federal Housing Finance Agency announced on..

Fed cuts interest rates, signals holding pattern for now

Posted on September 19th, 2019 by admin

WASHINGTON (Reuters) – The U.S. Federal Reserve cut interest rates again on Wednesday to help sustain a record-long economic expansion but signaled a higher..

People who bought homes in the past 2 years could see ‘significant’ savings by refinancing now

Posted on September 4th, 2019 by admin

Home loan rates are down about 1.25% from their 2018 peak, “which can translate to $2,200 a year in savings on a $250,000 mortgage,”..

The 10 major U.S. cities where housing costs have increased the most

Posted on August 13th, 2019 by admin

If you want to live in a big city but have a tight budget, you may want to avoid places such as Miami and..

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