The program had been scheduled to end Sept. 30, but the FHFA says more than 143,000 homeowners could still benefit from it
NAR’s chief economist says a recent decrease in mortgage rates is helping homebuyers with affordability concerns
The United States economy has a long way to go even as home values rise and the job market improves.
Public officials and housing analysts are closely watching President Obama's pick to lead the Federal Housing Finance Agency (FHFA), particularly with regard to the future stance on mortgage forbearance and principal reductions of home loans guaranteed by the U.S. government.
The USDA Rural Refinance Pilot program, launched in February of 2012, has drawn criticism from mortgage originators who say there is no profit to be made from the loan.
Investors may be snapping up the sparse number of homes on the market, but close realtor relationships and savvy personal, customer service skills can be the ticket to helping financed borrowers win over a cash buyer.
Six years after the start of the foreclosure crisis, American homeowners are paying their mortgages like the housing crash never happened.
Prices for U.S. commercial property last month rose above a peak reached in 2007 as low interest rates and financing availability helped increase values, according to research firm Green Street Advisors Inc.