Author: Regan Hagestad

RealtyTrac, the country’s top source of comprehensive housing information, recently released an analysis of purchased properties during the first quarter of 2015. This report found monthly home payments on an average-priced home is often more economical than the monthly fair market rent on a typical three-bedroom property. Across 461 counties studied throughout the United States, fair market rent represented 28

Two of the biggest obstacles to growth in the Southern California housing market are the lack of supply and, as a result of this lack, a dearth of affordable homes. However, thanks to a recent uptick in the number of homes for sale, it looks like the housing market is in for a strong spring. Based on information from the

According to the results of the Mortgage Lender Sentiment Survey for the first quarter of 2015, lenders anticipate both increased profits and demand. The survey, which was completed by Fannie Mae and Penn Schoen Berland, indicates that a combination of changing credit standards and an improving economy have led lenders to believe that there will be an increase in demand

Recently, two important alterations were made to government funding so that credit availability would improve. These changes included Fannie Mae and Freddie Mac’s new 3 percent down payment loans and the FHA’s reduction of fees. Expert mortgage lenders agree these offer a boost to the slumped housing market. Back in November, the FHFA responsible for overseeing Freddie Mac and Fannie

For most homeowners, a mortgage is their biggest monthly expense. Yet according to a recent survey by Bankrate.com, 35 percent of 1,000 adults sampled could not readily identify their mortgage interest rate. The good part is that most borrowers do know their general range, with approximately a half- to quarter-percentage point variance. Those who took their loans out within the