Newser – Apparently Fannie Mae and Freddie Mac feel enough time has passed since the subprime mortgage crisis: The government-supported mortgage guarantors say they’ll back mortgages with as little as a 3% down payment, CNN Money reports. Both agencies...
Students aren’t the only ones hit hard by the cost of a college education. The staggering burden of student loan debt affects just about every area of the economy – with troubling implications for the still struggling housing market – and investors building...
If you’re in the investment game, you’ve probably Googled “inflation calculator”. You probably know that 4 percent inflation over ten years is$66,000. So you purchase two four-plexes in two cities, $500,000 each. You’ve spent $1 million, but you got a deal—they’re...
We expect computers, televisions and other kinds of devices to become obsolete. But what about houses? It turns out that the problem of “functional obsolescence” may be haunting the housing recovery, as potential buyers – and renters – are put off by homes...
How low can you go? A growing number of mortgage lenders around the country are about to find out, as they lower the minimum credit score requirements for getting a loan in hopes of jump starting a sagging housing market. We’ve reported previously about the ongoing...
