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topStories Tuesday, December 20, 2016
Is the Bubble Out West about to Burst?
Home prices in San Jose, Calif.—one of the nation's leading markets since the bust—posted negative 0.3 percent last quarter, marking the area's first foray into the red in five years with currently the lowest quarterly growth rate in the country, according to Clear Capital's recent Home Data Index (HDI) Market Report. With the San Jose area leading price movement in California...
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articles
New Fannie, Freddie Program Offers Relief to Delinquent Borrowers

A new program offered by Fannie Mae and Freddie Mac will provide delinquent borrowers relief through a 20 percent mortgage payment reduction, the enterprises recently announced. The program, the Flex Modification, available by or on Oct. 1, 2017
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Zillow: Underwater Homeowners Continue Drop-Off

Eleven percent of homeowners are underwater, or owe more on their mortgages than their homes are worth, according to Zillow®'s third quarter Negative Equity Report—a figure that continues to gradually decline as the market moves in on recovery.... READ MORE >
Consumers Expect Expanded Credit Access as Year Turns

Consumers expect positive changes to come in terms of credit availability, with 22 percent of those recently surveyed by the Federal Reserve Bank of New York reporting it easier to obtain... READ MORE >
Research: Few Young Student Loan Debtors Have Mortgages

Student loan debt has undoubtedly exacerbated housing affordability for first-time homebuyers, who struggle to save while managing payments. Recent research by FICO shows just how much of an impact that debt is having ... READ MORE >
Homespun
Ugly Sweaters Infiltrate the Holidays
(TNS)—Keisha Jones, 32, of Mitchellville, Md., dons a "Teenage Mutant Ninja Turtle" Christmas T-shirt decorated with pizza slices, a nod to her favorite childhood cartoon and her shirt of choice for her friend's annual ugly sweater party. Jennifer Eisenberg, 23, of Federal Hill, wears a black sweater with glimmering mistletoe
 ...
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2017: The Year of Women and Minorities

Trulia: Starter Home Inventory Sorely Constrained

 
 
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