It's hardly the "dismantling" the president touted in his campaign, but the new law does ease mortgage requirements for community banks
Overall applications slip as interest rates keep climbing
While an abundance of publications and analysts have been quick to note the recent gain in housing prices, there’s been somewhat less attention devoted to particularly why housing prices climbed so markedly in 2012.
To begin the year, the early numbers reflect an earlier-than-expected boom of business for Realtors. In this business, no one moves or buys a home between Thanksgiving and Valentine’s Day – right? Well, not exactly – and if these unseasonal numbers are reflective of a new normal, the work week for Realtors just got longer.
Last month, the Consumer Financial Protection Bureau unveiled new rules to help protect consumers from unscrupulous mortgage lending.