Proposed mortgage rules would preserve points and fees

Proposed mortgage rules would preserve points and fees Mortgage lenders would have to give consumers the option of a no-point, no-fee loan under proposed rules put forward by the Consumer Financial Protection Bureau with the intention of helping consumers understand mortgage costs and comparison shop. The proposed rules would require that lenders provide an interest-rate …

Continue reading ‘Proposed mortgage rules would preserve points and fees’ »

American Increasingly Optimistic About Homeownership

New Prudential Real Estate Poll: Americans Increasingly Optimistic About Homeownership Prudential Real Estate, a Brookfield Residential Property Services company, today released a new national survey showing that Americans are significantly more optimistic about homeownership than they were a year ago. According to the second-annual Prudential Real Estate Outlook Survey, a full 60 percent of Americans …

Continue reading ‘American Increasingly Optimistic About Homeownership’ »

Consumer Sentiment Improving, Fannie Mae Survey Shows

Respondents from a Fannie Mae National Housing Survey for January 2012 expressed expectations for home prices to increase by 1 percent over the next 12 months, and most Americans continue to expect no change in mortgage rates. This marks the fourth month in a row consumer expectation was positive. Survey Highlights *The percentage of respondents …

Continue reading ‘Consumer Sentiment Improving, Fannie Mae Survey Shows’ »

Consumer Sentiment Improving, Fannie Mae Survey Shows

Respondents from a Fannie Mae National Housing Survey for January 2012 expressed expectations for home prices to increase by 1 percent over the next 12 months, and most Americans continue to expect no change in mortgage rates. This marks the fourth month in a row consumer expectation was positive. “The Federal Reserve’s pledge to keep …

Continue reading ‘Consumer Sentiment Improving, Fannie Mae Survey Shows’ »