Engineers have a seemingly unobjectionable proposal: Make roofs less likely to fly off in hurricanes. So why won’t the homebuilding industry support it?
Extreme flood insurance rate hikes and shoddy floodplain mapping are driving the cost of homeownership up and home values down, industry organizations told Congress
Two of the nation's biggest banks have agreed to pay millions to settle a suit over their role as trustees for shoddy mortgage bonds
Institutional investors are slowing down purchases of homes amid increasing prices, leaving more room for traditional buyers.
The increase was the lowest since November 2012 and is another indication that lending standards need to be loosened, says Shirmeyer.
Tomorrow the Fed will begin its two-day FOMC meeting that is expected to put an end to its bond-buying program, but America’s weak economy may give officials pause.
Uncertainty dominates the stock markets, and industry expert David Shirmeyer suggests locking all loans now.
Yesterday was a big day for the NASDAQ and the stock market; the bond and mortgage markets held quite well given the strong equity market. Also, home sales were up 2.4% to 5.17 million units in September.