The Federal Housing Administration is overhauling a long-held policy of charging extra interest payments on loans it insures to borrowers who have already paid off the principal debts on their mortgages.
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Americans are moving shorter distances when relocating, and they are favoring suburbs and the Sunbelt region, hunting for lower density, more jobs, and cheaper housing.
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Some analysts are blaming the slowdown in the housing market on banks that are preventing too many prospective buyers from getting a mortgage.
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Though the average income for U.S. families increased about 4 percent (accounting for inflation) between 2010 and 2013, nearly all of that growth was concentrated among the top earners.
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A few weeks ago, we revealed the names of the 10 finalists for REALTOR® Magazine’s 2014 Good Neighbor Awards. Now we want you to tell us who is your favorite!
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Some analysts are blaming the refinancing boom in the early 2000s for strapping Americans with mortgage debt later in life.
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