New Options Open for Homeowners Seeking a Reverse Mortgage
You’ve probably seen actor Tom Selleck suavely pitching federally insured reverse mortgages on TV and thought, hmm, that sounds interesting.
Borrowers Fake Income, Employment to Buy Homes
Prices are up, interest rates are rising and it’s tough for a lot of people to qualify to buy a home. So what do some of them do? A growing number of them fake it.
Senators Introduce Federal Legislation to Help Homeowners
Connecticut’s Democratic U.S. senators announced Wednesday they’ve introduced federal legislation to help state homeowners with concrete foundations crumbling from the presence of an iron sulfide.
Homeowners Ask Legislature for Assistance on Bad Foundations
Connecticut homeowners said they need additional financial assistance to help with crumbling home foundations that threaten to collapse their houses.
Entry-Level Homeowners Building Wealth Faster Than High End
Owners of starter homes across the country are gaining equity faster than other homeowners as demand for entry-level homes continues to grow faster than supply, according to a new report from Zillow.
Homeowners: Don’t Panic Yet Over Senate Tax Overhaul
If you hoped that Senate Republicans would treat homeowners and buyers more kindly in their tax overhaul plans than their colleagues did in the House, you were an optimist. It didn’t happen.
Study Says Home Renovation Spending To Peak In 2017
A recent report from the Joint Center for Housing Studies of Harvard University predicts that home remodeling spending in the U.S. will peak in the middle of this year.
Will Popular Tax Break For Homeowners Survive In 2017?
For millions of moderate-income homebuyers, there’s an important money-saving question looming in 2017: Will Congress reinstate deductions for mortgage insurance premiums as part of its overhaul of the federal tax code?
Surprising Gender Gaps In Homebuying, Mortgages
Gender, marital status and mortgages don’t get a lot of research attention in real estate, but two new reports examine the exceptional role of single women in the home purchase marketplace and the challenges they face in getting a loan.
It Pays To Check Out Your Equity
Are millions of homeowners sitting on much bigger equity nest eggs than they think? Do you know how much equity you’ve got? If not, could you be missing opportunities to tap into it for worthwhile projects at close to all-time low interest rates? Academic and...Leader Of Mortgage Modification Scheme Pleads Guilty
A California man recently pleaded guilty to conspiring to defraud homeowners across the country and in Connecticut who were seeking mortgage loan modifications. According to the trial, Aria Maleki of Santa Ana, California and others worked at a number of California...
