Despite an improving U.S. economy, the nation's banks remain cautious about what they will lend, and to whom. Last quarter, by a margin of 3-to-2, more banks tightened residential mortgage lending standards for "prime borrowers" than did loosen them. A "prime borrower" is defined as one with a well-documented credit history, high credit scores, and a low debt-to-income ratio. The insight comes from the Federal Reserve's quarterly survey of its member banks. Last quarter, of the 54 … [Read more...]
Case-Shiller Home Price Indices Post Highest Growth Rates Since 2006
Reasons To Attend Your Own Home Inspection
Dominic Morrocco of M Squared Real Estate makes the Annual Inman 100 Roundup
Post-Fiscal Cliff, Mortgage Markets Turn Attention To Jobs Data
Homebuilder Confidence Rises For 9th Straight Month
M Squared Introduces Open House Touch, Mobile Responsive Open House Management
How To Maintain Adequate Homeowners Insurance Coverage
Pending Home Sales Index Leaps To Multi-Year High
M Squared Welcomes Claire Angela Welsh
Which Is Better : 15-Year Fixed Rate Mortgage Or 30-Year Fixed Rate Mortgage?
Simple, Inexpensive Ways To Prep Your Home For Sale
More Bullish Data : Housing Starts Climb 3.6%
Federal Reserve : New Economic Stimulus May Be Warranted
Bank Repossessions Slip For 24th Consecutive Month
When It Pays To Refinance Your Mortgage -- Literally
