The June economic reports brought a spate of mostly good news, peppered with continuing concerns about the employment outlook. Although employers added 223,000 jobs for the month wage gains remained… Read More »
The CFPB has asserted broad RESPA enforcement authority in a recent decision significantly expanding the liability of PHH Corporation for accepting “kickbacks” from mortgage insurers. The CFPB upheld an Administrative… Read More »
Location, location, location – doesn’t apply only to real estate values. It also has much to do with your earnings prospects. A recent study found that children who move to… Read More »
With an eye on the more than 6 million homeowners who are still upside down on their mortgages, U.S. Sen. Robert Menendez (D-NJ) is sponsoring legislation that will help these… Read More »
Housing industry analysts have been trumpeting the steady decline in negative equity rates as home prices have climbed during the past two years. But despite those gains, 4 million homeowners… Read More »
Harvard’s Joint Center for Housing Studies provoked that question with a report analyzing the continuing decline in the nation’s home ownership rate. The analysis, in the Center’s annual “State of… Read More »
Analysts have been fretting about the dearth of first-time buyers in the housing market – blaming their absence, in part, for both the somewhat lackluster housing recovery and the continuing… Read More »
When interest rates begin to rise, as they will eventually, U.S. households are generally well-positioned to absorb the financial jolt. A study by Interest Rate Weekly concludes that the rate… Read More »
An improving economy and a strengthening labor market could draw more first-time buyers into the housing market. But it is not at all clear that millennials, who represent the lion’s… Read More »
If there is a silver lining in the sluggish housing recovery, it is the apartment market, which has been booming. And analysts are predicting that the good times may continue… Read More »