Regulators Ease Up Rules on Mortgage-Lending. As of Tuesday, regulators are agreeing to drop a proposed a 20% down-payment requirement, which is the norm for high-quality mortgages. Mortgage credit has been super-tight for years, preventing many folks with poor credit from securing a loan. Now, with mortgage-lending standards easing up in a slowing housing market, […]
Archives for October 2014
Owning a home is still a goal for striving millennials
The dream of owning a home hasn’t lost its luster – especially for millennials. Although this group of folks aren’t in a hurry to buy a new home, per se, many of them still say they want to buy a home eventually. They will continue to rent and pay down student loans, and like everyone […]