In the past two years, the housing markets have recovered faster in red states than in blue, a new analysis reveals. According to data from RealtyTrac, most housing markets in the U.S. (52%) are better off now than they were two years ago, though 11% are worse off and for the 36% remaining it’s merely a [...]
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So far Kylee Peterson has created 112 blog entries.
Nearly a year ago, we issued the TILA-RESPA Integrated Disclosure Rule. Many of you know this work as Know Before You Owe and we’ve been talking about it for a while now. Today, we’re issuing a proposal to modify and make technical amendments to this rule. The rule introduced new, easier-to-use mortgage disclosure forms that [...]
July 21, 2010 — The Dodd-Frank Wall Street Reform and Consumer Protection Act was signed into federal law by President Obama, and was enacted, in part, to: – clean up Wall Street, – regulate the mortgage industry, and – protect consumers. July 21, 2011 — The Consumer Financial Protection Bureau (“CFPB”), which [...]
Americans will pay less to heat their homes this winter mostly because of expected warmer temperatures, the Department of Energy forecast Tuesday. Those using propane for heating —- mostly Midwesterners who saw their costs skyrocket during last winter's frigid cold — will see the biggest drop: an estimated 27% or $767 this season, according to [...]
More Americans moved to Texas in recent years than any other state: A net gain of more than 387,000 in the latest Census for 2013. And Austin was the fastest growing major city. Jobs is the No. 1 reason for population moves, with affordable housing a close second. "It take two things to draw people [...]
This study was published by The Goldman Sachs Group. Millennials are one of the biggest generations in US history and are comprised of individuals born between 1980 and 2000. Millennials are more diverse, more educated, more in debt and more likely to be in the South and West. The peak millennial cohort is now only [...]
As summer fades out and the first hints of fall arrive, thoughts start to turn to boots and sweaters and parkas and snowball fights. But before we start changing out our wardrobe and preparing for snowfall, there are a few things we should do to our home. Air leaks throughout house Air leaks [...]
So you missed the boat on the summer buying season, huh? If you've got kids in school, you probably think you have to stay put now for another year. But maybe not. Here are a few reasons you should buy a house right now. Inventory is down but so is the buyer pool. That means [...]
Mortgage rates have dropped to their lowest level in over a year. The average rate for a 30-year loan now stands at 4.1%, according to Freddie Mac. That matched its lowest level since June 2013, when it stood at 3.93%. The average 15-year fixed was 3.23%. The government's stimulus program has helped keep borrowing [...]
Home building took off in July as builders broke ground on new homes at their fastest pace of the year. Housing starts rose 15.7% from June to a seasonally adjusted annual rate of 1.1 million, the Census Bureau said Tuesday. The previous estimate for June also was revised up by 52,000 to 945,000. July's starts [...]