Here’s some good news for a change. According to Zillow, in 2015 we should see a wave of new homebuyers coming from the ranks of current renters (Renters). As more and more people are renting, for one reason or another, two things have happened. There are fewer affordable rental units and the rents for those units is rising; the rule…
Prior to running down to the Annual Regional Conference of Mortgage Bankers Associations in Atlantic City, I was checking today’s industry headlines. Let’s see, we have articles about: The increased cost to buyers with FHA financing FHA Costs) Supreme Court’s Ruling on OT for LOs (LOOT) Consumers now think it is easier to get a mortgage (Consumers) US unrealistic…
