Can an IRA Launch an Investing Career?

Housing prices are rising and so, to some extent, are interest rates, but it’s still a good time to start investing in property. The appeal o building wealth in real estate has hopeful investors looking for startup funds in some odd – and potentially risky – places....

Fannie Mae and Freddie Mac: Zombie Stocks on a Roll

The rollercoaster ride of quasi-federal mortgage lending superagencies Fannie Mae and Freddie Mac hit the down slope after an unprecedented climb that saw stock prices for both these institutions gaining up to 150 percent in previous weeks. Now, as stocks fell by as...

Foreclosure and Short Sales: No Obstacle to a Mortgage?

In many ways, the health of the housing recovery hinges on credit – a major factor in the well-known housing collapse of a few years ago As banks and other mortgage lender tighten standards and clean up their lending practices in the aftermath of the crash, they’re...

FHA Rule Changes Could Cost You Money

Record low mortgage rates may still be dominating the mortgage market, but new changes in FHA financing rules may end up making it more expensive to finance or refinance a property purchase in the coming months. Those changes, spurred by a shortfall in funds for...