Question: I did not pay one mortgage rate on time, and the lender informed me that I’d have to wait a year from the date of this late payment before being able to refinance the mortgage. I have a
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Toll Brothers Revenue Grows, As More Units Are Sold
3762 ViewsToll Brothers Inc., a home building company based in Horsham Pennsylvania, announced a 29 percent increase in its quarterly revenue due to the sale
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Housing Market Projects Are Looking Brighter for the Spring
2823 ViewsUnemployment, the high cost of just about everything and bills piling up to the sky..We have been facing all these problems for awhile now. The
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US Construction Spending on a Record Rise Despite Sluggish Economy
1679 ViewsU.S construction data shows an unusual rise in spending despite the overall slowdown in the economy. Construction spending surged to an annual rate
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Varying Views of Economists on Falling Oil Prices for Home Construction
1329 ViewsFalling oil prices on housing has been one of the most controversial topics for economists. They view such idea from different perspectives. Some
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Freddie Mac Maintains Positive Outlook amidst Housing Market Problems
250 ViewsThe economic outlook, as seen by the economists of Freddie Mac, shows worrying signs of less than optimistic employment results and overall slowdown
Read more ...The Jobs Report and the Rise of U.S. Mortgage Rates
121 ViewsWhile all the market players were keeping their fingers crossed for the jobs report, U.S. mortgage rates rose. The increase occurred based on the
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Modifications in mortgage interest deductions to stimulate homeownership!
203 ViewsIndustries that employ middle-class workers promote homeownership thanks to the mortgage interest tax deduction. There is also broad public support
Read more ...Fixed Rate Mortgages
51 ViewsIf we pay so much importance to trying on shoes before we buy them to make sure they fit, we should pay all the more attention to loans. “Trying
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Why Mortgages and the ER are so much alike!
37 ViewsA good insight of the mortgage world mechanisms can give one the ability to see the ups and downs in the market and grasp the similarities with other
Read more ...Why is credit score important?
69 ViewsWhy can some people get a loan easily and others don't? This is a big question given the fact that lots of people are rejected or sold loans on very
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Fannie-Freddie Multifamily Mortgage Model
61 ViewsAfter the U.S. housing crash, the apartment-lending units of Freddie Mac and Fannie Mae (FNMA) were among the few money making sources for these
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Mortgages and Discriminations – Green is the only color that should matter!
27 ViewsAlthough everybody’s money looks green, there are lots of voices that make accusations of discrimination in mortgage approval. The starting
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