Although they don’t seem to have dealt the industry a huge blow in the short run, interest-rate increases could put the brakes on homebuying in the long term
Rising interest rates could make younger retirees reconsider taking out reverse mortgage credit lines
Why would a real estate seller willfully damage a listed home with the intention of driving down the price at closing?
A recent report by the U.S. Commerce Department shows new home sales at their highest levels since the first-time home buyer’s tax credit was still in effect in 2010.
From the mid-1990s until the mid-2000s, credit unions were a tiny fraction of the mortgage business, accounting for just 2 percent of the first-mortgage market, according to the Credit Union National Association, a trade group.