DSNews -Author: Brian Honea January 14, 2015 About 1.5 percent of all homes with a mortgage in the United States were in some state of foreclosure in November 2014, the lowest foreclosure rate since March 2008, according to CoreLogic‘sNovember 2014 National Foreclosure Report released Wednesday. Foreclosure inventory, which includes homes in any state of foreclosure, plummeted […]
Tag: Recovery
Freddie Mac Predicts Biggest Year for Home Sales Since ’07
DSNews Author: Brian Honea December 16, 2014 Freddie Mac predicted that 2015 will see the highest level of home sales in the U.S. since 2007 in its December 2014 U.S. Economic and Housing Market Outlook released on Tuesday. In the report, Freddie Mac looked back at five key consensus predictions for 2014, […]
GSEs Officially Lower Down Payment to 3 Percent for Qualifying First-Time Homebuyers
DSNews Author: Brian Honea December 8, 2014 Following months of talk and speculation, bothFannie Mae and Freddie Mac announced on Monday they will begin allowing qualifying first-time borrowers to purchase homes with just a 3 percent down payment. By lowering the down payment down to 3 percent, leaders from the GSEs and the Federal […]
3 lessons learned from the mortgage rate drop
BY: Diana Olick of CNBC, November 5, 2014 Mortgage rates are back to the highest level in a month, and if news from the U.S. economy stays positive, they could edge ever higher. While the brief drop a few weeks ago, due to concerns over global economic growth, may already seem like a distant memory, we […]
