Even in robust housing market, some buyers can’t find homes

You’ve finally saved up that down payment. You’re ready to take advantage of low mortgage interest rates. But you can’t find a home in your price range. Unfortunately, you’re not alone …

Millions are returning to the homebuying market — here’s what you should know

There are many who defaulted on their mortgages because of a job loss or personal disaster, who otherwise would have paid responsibly. These defaulted mortgages resulted in short sales or foreclosures. These defaults were the product of decisions made …

5 resources you need during a VA loan transaction

The VA loan has incredible benefits for those eligible, but it also comes with a few unique requirements. To better serve your VA homebuyers, here are a few resources to help you along the way …

NAR’s pending home sales index slips in June, but not by much

Pending home sales in June may have backslid slightly from this summer’s hot streak, but sales are still up considerably compared to a year ago, according to the most recent numbers released by the National Association of Realtors (NAR) …

TRID changes: Realtors should expect longer closings, walk-through tweaks

While the Consumer Financial Protection Bureau (CFPB) may have thrown the real estate industry a bone by extending the effective date of the TILA-RESPA Integrated Disclosures (TRID) rule to Oct. 3, the clock is ticking on the time everyone has left to …

Investors aren’t behind higher mortgage approval standards — lenders are

Since 2008’s financial collapse and recession, many mortgage industry watchdogs have lamented how tight credit has become and how difficult it is for some potential buyers to obtain a mortgage loan. It may come as a surprise, then, to find out that some mortgage lenders are applying mortgage approval standards beyond the guidelines suggested by their investors …

Mortgage defaults are up, but analysts aren’t concerned

Mortgage default rates are seeing a slight uptick despite recent improvements in housing starts, but this news should not be a major cause of concern, according to data released last week by S&P Dow Jones Indices LLC and Experian …

HUD rule aims to put the ‘fair’ back into Fair Housing Act

Despite four decades of the Department of Housing and Urban Development (HUD) working to promote fair housing and equal opportunity under the Fair Housing Act of 1968, patterns of racial, ethnic and economic segregation persist in many areas of the cou…

How housing recovery is shifting the buy-or-rent balance

A recent RealtyTrac buy-or-rent analysis of 285 counties nationwide showed that in 2015 the monthly house payment on a three-bedroom single-family home or condo — assuming a 10 percent down payment and including mortgage, property taxes and insurance …

Down Payment Resource unveils ‘We turn home searchers into homeowners’ campaign

As the housing market heats up and more potential buyers learn about down payment assistance resources that can help them purchase their first homes, Down Payment Resource (DPR) has been busy partnering with multiple listing services, Realtor associati…