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Easy Credit May End As Lender Risk Grows

For a number of years financing and refinancing have become increasingly easy. Don’t have 5 percent down? No problem. Want to borrow more than a home is worth? Sure. Need money to close a loan? Hey, we’ll lend it to you. If you’re a borrower having ready access to loan money is great. But when [...]

29Aug2008 | | 0 comments | Continued
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A Time For Yellow Flags

Figures from the National Association of Realtors show that the market has done fairly well as of the third quarter of 2006. Of 148 metro areas, 102 showed year-to-year price gains, 45 were down and one was unchanged. Twenty-one metro markets actually showed doubled digit price increases. Overall, prices nationwide dipped 1.2 percent to $224,900 [...]

20Aug2008 | | 0 comments | Continued