The housing market is now in recovery, and foreclosures have been dropping. Since the housing bust, regulators have focused on preventing borrowers from taking out potentially toxic loans. To help accomplish this, the U.S. government established the Consumer Financial Protection Bureau in 2010. Many potential borrowers are still unsure about… read more →
Home prices will rise in 2014 but at a slower, more steady pace compared with historical trends. The housing recovery has pushed up home prices nearly everywhere. Prices nationwide increased by 10.9 percent, pushing the median price for existing homes up by $30,000, to $215,000. For people who have waited… read more →
Although any home loan might be the right choice for homeowners of any age, mortgage needs change over a lifetime. Here’s a look at which loans are best-suited to different life stages, including when you’re just starting out, hitting middle age and preparing to retire. Just Starting Out Many of… read more →