Archive for the 'banking' Category

The return of risky loans: Freddie Mac offering a 3 percent down loan called Home Possible Advantage targeted to cash strapped buyers. FHA loans and interest only loans also permeate market.


Time to make it easier for people to get loans with lower credit and lower down payments: FHFA looking seriously at making it easier for cash strapped Americans to take on mortgages.


Who needs a mortgage? How the traditional mortgage market is stuck in low gear and reflects an underlying lack of demand for home buying.


The destruction of traditional mortgage demand: Applications for mortgages hits a 14 year low and affordability for housing continues to decline.


The turning of the worm in the housing market – Weakest May sales volume in California since the crash of the housing market. California home ownership rate continues to fall.


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