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Tag Archives: Mortgage

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9 home-buying myths to stop believing

Source: Realtor.com When you’re ready to make the jump from renter to homeowner, beware of the most common misconceptions about home buying such as thinking looking for homes is the first step. Instead, before homebuyers get started, they...

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Tax relief bill for distressed California homeowners deep-sixed

Source: Sacramento Bee Senate Bill 907, authored by Sen. Cathleen Galgiani (D-Manteca) died in the Legislature earlier this month. The bill would have extended through 2016 a tax break for millions of Californians with underwater homes. These...

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Homeownership Rate in the U.S. Tumbles to the Lowest Since 1965

Source: Bloomberg The share of Americans who own their homes was 62.9 percent in the second quarter, the lowest since 1965, according to a Census Bureau report just released. As rising prices put buying out of reach for many renters, it was the...

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Does Home Buyer Education Lead to Housing Stability?

Source: DSNews.com Borrowers are making better choices to achieve housing and financial stability thanks to counseling programs in mortgage literacy and preparedness, home buyer outcomes, and loan performance, according to a new report from the...

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Student loan debt is hurting the housing market, survey finds

Source: Washington Post Nearly three-quarters of people who are repaying student loans say their debt is hindering them from buying a home. The survey found that many would-be homeowners are increasingly burdened by student debt, according to the...

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