The company responsible for one of the most widely used measures of credit health is making changes to its current model that could boost credit scores nationwide.
Read More »Affordability a Concern in Housing Recovery
As the U.S housing market climbs back to healthy, a third of it is less affordable now than it's been all century, according to RealtyTrac. The firm's latest housing affordability report found that 34 percent of the 1,200 U.S. counties it surveyed are at their least affordable, on average, since 2000.
Read More »Job Growth Responsible for Home Price Gains
The highest home price gains for July 2014 are in the Midwest and South, and those gains are more likely a result of job growth as opposed to other market influences, according to the Trulia Price Monitor. Average month-over-month gains ...
Read More »Delinquencies and Foreclosures Continue to Drop
The percentage of U.S. mortgages that are seriously delinquent fell to the lowest point since the first quarter of 2008 as the overall U.S. economy continues to pick up. The improving job market has contributed to helping more borrowers stay current on their mortgage payments and thereby avoid delinquencies and foreclosures.
Read More »Fannie Mae and Freddie Mac Post Q2 Earnings
The U.S. government is set to see another $5.6 billion from Fannie Mae and Freddie Mac as both GSEs continue to post solid earnings.
Read More »Connecticut Housing Market Improves
Connecticut's housing market headed into summer with a promising gain in home sales, reflecting the spoils of an active spring season.
Read More »Nationstar Reports Strong Q2 Earnings for 2014
Nationstar Mortgage Holdings, Inc. today announced a hefty 174 percent increase in its 2014 second quarter earnings compared to its first quarter earnings for this year.
Read More »Survey: Agent/Client Relationship Key for First-Time Buyers
Century 21 gained the highest customer satisfaction rating among real estate brokerages in all four buyer/seller categories, according to the J.D. Power 2014 Home Buyer/Seller Satisfaction Study released on Aug. 6. The four categories measured were: first-time buyers, repeat buyers, ...
Read More »Housing Prices Continue to Rise
CoreLogic has released its Home Price Index (HPI) report showing that home prices increased in June 2014 by 7.5 percent when compared with a year earlier.
Read More »Rising Prices Shrink Pool of Potential Home Owners
As home prices continue to recover nationwide, a new study from the National Association of Home Builders (NAHB) suggests even a small increase in new home prices can leave hundreds of thousands of prospective buyers out in the cold.
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