Housing permits fell in April, according to the National Association of Home Builders. This marks the fourth month in a row of depressed housing permits, a sign that builders continue to pull back on construction amid an anemic housing market. Nationwide permits to build single-family homes were down 4.7% through April compared to the same […]
Builders scale back as costs, supply rise Read More »
AGENTS: Did you know you can share a personalized version of this post? Learn more! Infographics Some Highlights There’s a misconception going around that you have to put 20% of the purchase price down when you buy a home. But the truth is, many people don’t put down that much unless they’re trying to make
What You Really Need To Know About Down Payments Read More »
The Mortgage Bankers Association has begun to study the feasibility of reducing the government-related mortgage market’s traditional three credit-report pull to a single one, putting a new twist on an old proposal. President and CEO Bob Broeksmit said in a recent blog that the move could fit in with an industry regulator’s interest in promoting
Mortgage group eyes end of tri-merge reports Read More »