The post below first appeared on U.S. News & World Report’s Home Front blog on Nov. 20. A special thanks to Meg Handley and the entire Home Front team:
You might have heard rumblings about home prices rising again, even posting double-digit increases in some metropolitan areas. But what you might not know is that the Federal Reserve actually has a hand in the helping the nation’s real estate market recover.
The post below first appeared on U.S. News & World Report’s Home Front blog on June 19. A special thanks to Meg Handley and the entire Home Front team:
Adjustable-rate mortgages have had some bad press over the past few years, taking heat for contributing to the massive housing bust that brought the U.S. economy to its knees. Consequently, fixed-rate mortgages, known for their predictability, have become the go-to loan product for many borrowers.
The post below first appeared on U.S. News & World Report’s Home Front blog on May 10. A special thanks to Meg Handley and the entire Home Front team:
Mortgage principal reductions are in the news again as Bank of America [recently announced] that it will offer them to more than 200,000 borrowers. Should more widespread programs come, principal forgiveness is most likely to be offered to borrowers who are deeply underwater and who have already experienced some level of financial distress, just as Bank of America detailed [on May 8].
HSH.com's daily blog focuses on the latest developments in the mortgage and housing markets. Our mission is to relate how changes in mortgage rates and housing policy, as well as the latest financial news, impacts consumers, homebuyers and industry insiders alike. Our 30-plus years of experience in the mortgage industry gives us an edge as we break down the latest changes in an ever-changing market.
