For every positive sign of a housing comeback, there seems to be a chorus of anxious market watchers ready to find ominous signs of a new collapse looming on the horizon. Those gloomy predictions may be overstating the concerns, but a number of financial analysts and...
Mortgage debt is good debt. But in the arcane world of credit scoring, even the process of applying for a mortgage can raise red flags on an applicant’s credit report and lower scores. Careful time management, say financial advisers, can help borrowers avoid taking a...
For most prospective investors or residential buyers, the route to a mortgage loan typically begins with a bank or credit union – the tried and true way to finance a property purchase. But as the loan process becomes more complex and buyers with iffy credit remain...
After the housing crash of a few years ago exposed the shifty underbelly of lending practices at the nation’s major banks, those institutions have been – albeit reluctantly – cleaning up their act with greater accountability and tighter lending standards aimed at...
Owning a home has long been a part of the cherished “American Dream” – a place to raise a family and grow old in comfort and security. But a controversial new study by a couple of economists is challenging that notion with some surprising findings about the...
