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Sellers’ Price-Cutting Trend Could Be Good News for Buyers

by Kenneth Harney | Aug 26, 2018 | Industry News, Residential Real Estate

You might be relaxing at the beach or in the mountains, but if you’re considering purchasing a home in the coming months, you should be aware of an important shift emerging in the market: List prices on growing numbers of houses are being cut, even in places where...

Frozen Credit Files Can Slow Mortgage Process

by Kenneth Harney | Aug 19, 2018 | Opinion, Residential Real Estate

Nearly a year after the catastrophic Equifax hack exposed 147 million Americans’ personal and financial data to cybercriminals, consumers are about to get a break – something especially useful for homebuyers and owners.  Starting Sept. 21, credit-file “security”...

‘Score Planner’ Tool Offers Customized Path to Better Credit

by Kenneth Harney | Aug 12, 2018 | Industry News, Residential Real Estate

If you’re seriously thinking about buying a home in the months ahead, you almost certainly know how important your FICO credit score will be in getting a mortgage.  And you probably know the score range you’ll need for the type of loan you want – somewhere in the...

Doomsday Predictions Over Tax Cuts Have Not Come True – Yet

by Kenneth Harney | Jun 18, 2018 | Industry News, Residential Real Estate

What if Congress passed a massive tax bill with scary cutbacks in deductions for homeowners – prompting dire predictions of mass property-value declines – but nothing much happened? What if home prices in the market segments expected to be hurt the most by the tax...

Fannie, Freddie Want to Make Mortgages Easier for Gig-Economy Workers

by Kenneth Harney | Jun 6, 2018 | Banking & Lending, Industry News, Residential Real Estate

The two biggest sources of home-mortgage money in the country – investors Fannie Mae and Freddie Mac – are quietly working on ways to make qualifying for a home purchase easier for participants in the booming “gig” economy. The gig economy refers to hundreds of...
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