Tag Archives: home buying season

Home Sales Decline 2.3% In August

We have record low mortgage interest rates. We have home prices off 30% from their highs in 2006. We’re in peak home buying season. And yet home sales keep falling month after month. We’re headed for the worst year in … Continue reading

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Making Your Low Down Payment Work For You

(ARA) – As spring home buying season begins, financing options remain available for borrowers who do not have the traditional 20 percent down payment.   The tax deduction was first approved by Congress in late 2006 and applied to loans … Continue reading

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American Home Prices Plunge

The New York Times reports: America’s home-buying season, when for-sale signs sprout like dandelions, is shaping up to be even worse than expected this year, with prices falling, sales slowing and few signs of a turnaround emerging. One showed that … Continue reading

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Demand For Home Loans Crashes

Interest rates have gone up steadily over the past few weeks. Despite all the Fed rate cuts, the credit market keeps tightening. What lenders require before issuing a loan is getting tougher. Many people who would’ve had no trouble getting … Continue reading

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Mortgage Industry Making It Harder To Borrow

The AP says it’s getting tougher even for those with good credit. Mortgage insurers, whose backing is required for borrowers who can’t afford the traditional 20 percent down payment on a home, have already flagged nearly a quarter of the … Continue reading

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