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Student loans will be more difficult to qualify for a mortgage after June 29th.

Student loans will be more difficult to qualify for a mortgage after June 29th.

If you have student loans, or you know someone with student loans, this is for you. It will be more difficult for those with student loans to qualify for a mortgage after June 29th. In short, low or deferred payments on an income-adjusted payback plan are currently not counted against you. After June 29th, that’s not the case anymore. […]

Give Your Living Room Timeless Character With Thrifty Finds

Your living room is where you gather with friends and family, so the space should be both cozy and stylish. Achieve big style on a small budget with vintage pieces found at flea markets, thrift stores and yard sales. Beauty Is More Than Skin Deep It’s not uncommon to find brand-name, well-built, sturdy sofas that […]

Fewer Than 1% of New Loans Troubled

For the first time since May of 2007, fewer than 1% of new loans are classified as ‘problem’ mortgages, according to a new report from Lender Processing Services. The mortgage analytics firm paints a picture of fewer troubled loans and even says with new problem loans in March coming in at 0.84%, the rate is […]

Not for sale? Not necessarily a problem.

May Buying Advice: Choked by a weak housing inventory, some agents are coaxing homeowners to the market with a different approach. Frustrated with the lack of housing inventory, homebuyers in many markets are taking matters into their own hands by sending letters to homeowners and asking them to sell. In this month’s Buying Advice, we’ll […]

HUD to Sell 40,000 Distressed Loans in 2013

In an effort to address the country’s shadow inventory and relieve high-foreclosure areas, the U.S. Department of Housing and Urban Development will sell thousands of severely delinquent mortgage loans insured by the Federal Housing Administration.Throughout the summer ahead, HUD will sell approximately 20,000 distressed loans via the Distressed Asset Stabilization Program in an attempt to […]