Daily Real Estate News 6.23.2014

Lenders Happy to Make Larger Loans One mortgage expert says this is one of the best times in history to shop for a jumbo mortgage. ____________________________________________________________________________________ First-Timers: Take a Class, Save on Your Loan The...

Daily Real Estate News 6.19.2014

Tight Inventory Deflates Home-Sales Expectations “We’re nearly halfway through the year, and single-family housing remains weaker than we projected six months ago, while multifamily appears to be right on track,” according to Freddie Mac’s...

Daily Real Estate News 6.18.2014

Builders Still Cautious on Adding More Inventory Builders started on fewer single-family houses, condos, and apartments last month, as they continue to move carefully when adding inventory to the housing supply, according to a newly released Census Bureau report....

Daily Real Estate News 6.17.2014

You Don’t Need That Much of a Down Payment Many consumers are overestimatingĀ  the down payment they need in order to purchase a home, believing that they need 11 percent to 15 percent to get approved for a loan. In reality, it takes much less....

Daily Real Estate News 6.16.2014

‘Boomerang’ Buyers Get Second Chance A government program launched last summer by the Federal Housing Administration is helping people who lost their homes due to foreclosure or short sale step back into home ownership at much quicker rates....