DEAR BENNY: I have a house and some savings. My married sister is 66 years old and retired and her husband is unemployed, but they own a condo worth about $35,000, living off her Social Security and his small inheritance. ...Read More »
Strong increases in both single-family and multifamily starts raised our nationwide housing production 22.7 percent to a seasonally adjusted annual rate of 1.09 million in November, according to figures released by the Department of Housing and Urban Development and the ...
Tagged with: David Crowe Department of Housing and Urban Development Fannie Mae Federal Housing Finance Agency Freddie Mac Jim Woodard National Association of Home Builders Real Trends rick judson U.S. Census BureauRead More »
The interest rate for a large jumbo mortgage is now less than the rate for a smaller conventional loan. The increase in rate for conventional loans, combined with banks seeking jumbo mortgages for their portfolios, has created a situation in ...Read More »