Home Buying 101
Loan Modification is Stressful; Know Your Options - When the Obama administration rolled out the Home Affordable Modification Program (HAMP) in 2009, officials estimated 3 to 4 million borrowers would seek relief from their mortgages through the program amidst the worst recession and housing market collapse in decades.…
NAR Home Buyer and Seller Survey Reflects Tight Credit Conditions - Recent home buyers are staying well within their means with notably higher incomes and modestly higher down payments than buyers in the previous year, due to the restrictive mortgage credit environment, despite historically favorable housing affordability conditions, according to a …
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Home How-To Video of the Day
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Consumer News and Tips
Obama Moves Forward with Foreclosure Prevention - Last Wednesday, February 1, President Obama announced the details of a plan to help homeowners refinance their mortgages in hopes of bolstering the housing market.
According to the U.S. Department of Housing and Urban Development, this proposal will allow buyers …
Rand on Real Estate: Disaster on the Horizon - The federal government is planning a major new initiative to convert foreclosures into rentals. But as Greg Rand (@gsrand), CEO of OwnAmerica and host of Rand on Real Estate on WABC Radio in N.Y. explains, we need to …
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