Archive for 'National News'

Why Have Banks Really Tightened Lending Standards?

Why Have Banks Really Tightened Lending Standards?

Home ownership affordability is at a record high due to low home prices and all-time low mortgage rates. But housing experts have blamed banks’ tightened lending standards for keeping more buyers on the sidelines because they [...]

Qualifying for the Best Mortgage Rate

Many borrowers are finding that the record-low mortgage rates advertised recently are out of reach. So how can borrowers snag these best rates — which for the 30-year fixed-rate mortgage alone has been under 4 percent [...]

What’s in Store for Housing in 2012?

What’s in Store for Housing in 2012?

The worst for the housing market may finally be over, according to housing experts in a recent article in Kiplinger. After median home price have dropped nearly 40 percent nationwide, a rebound is taking shape — [...]

Study: Women Get Worse Mortgage Rates Than Men

Study: Women Get Worse Mortgage Rates Than Men

Women aren’t getting the best mortgage rate when getting a loan compared to men, but it’s not because of gender discrimination. It’s because women aren’t doing enough shopping when it comes to mortgage rates, a new [...]