Open the door to bigger profits. Home prices are on the rise, climbing another 3% year over year, according to S&P CoreLogic Case-Shiller 20-city home price index from February released this month. Still, that growth is slowing and some experts are predicting that we’re increasingly entering a buyer’s market. And that means sellers who want to get […]
Mortgages Are Getting Riskier Again: Should We Be Worried?
Having a less-than-stellar credit score, a lot of debt, or not enough cash for a down payment has traditionally been a major hurdle for aspiring home buyers trying to get a mortgage. Mortgage lenders are increasingly taking another look at slightly more risky applicants and those who have been denied loans in the past, according […]
Mortgage Rates Climb for Fourth Straight Week as Easy Money Crackdown Begins
Rates for home loans ticked up slightly, a reminder that the easy-money era for mortgages will likely have to end at some point. The 30-year fixed-rate mortgage averaged 4.20% during the April 25 week, Freddie Mac said Thursday. That was up three basis points during the week and marked the fourth straight weekly rise for the […]
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