Home values to rise 22 percent by 2017 – Zillow survey
A nationwide panel of more than 100 professional forecasters expects home values to end 2013 up an average of 4.6 percent and rise cumulatively by 22 percent, on average, over the next five years, according to a first-quarter survey by Seattle-based Zillow.
14 years ago
Number of low down payment loans on the rise
Fannie Mae reported its share of lower down payment loans is on the rise as FHA-which used to be one of the only agencies to offer low down payment loans-is seeing its market share shrink as it raises its premiums.
14 years ago
Tax time: Refinance doesn’t reset mortgage interest deduction
While homeowners who refinanced in the fourth quarter of 2012 were able to trim their interest rate by about 1.8 percentage points on average, many are unaware that the amount they can deduct on their Internal Revenue Service return is set at acquisition debt - the amount of debt in place when the home is acquired - minus amounts already paid on the loan.
14 years ago
Credit-card company adds home equity line
Looking to benefit from rising home values, credit card lender Discover Financial Services announced it will begin offering home-equity loans in the second half of this year.
14 years ago
Positive signs spark upwardly revised predictions
Several economists have recently revised their predictions on housing values to reflect a stronger-than-expected real estate rebound.
14 years ago
‘Boomerang’ buyers who lost homes return to market
Homeowners who once lost their home to foreclosure have returned to the market, eager to buy once again.
14 years ago
Home appreciation finally lifting household wealth
Federal Reserve research shows that steady home appreciation and surging stocks have finally allowed Americans to recover the $16 trillion in wealth they lost during the Great Recession.
14 years ago
Quicken overtakes B of A as third largest lender
Remember when online mortgages were a tiny piece of the national loan picture?
14 years ago
Fed agency sees home prices rising 3 percent annually
Home prices are expected to continue their trajectory upward, projected to rise 3.7 percent between the third quarters of 2013 and 2014, according to Fiserv, which used data from the Federal Housing Finance Agency for its projection.
14 years ago
Low inventory continues to slow local sales
While closed sales in February jumped more than 9 percent from a year ago and median sales prices are up 13 percent, low inventories are hampering activity, according to new figures from Northwest Multiple Listing Service.
14 years ago
‘Mortgage-sized loans’ keep former students from home market
Young home buyers are making up their smallest share in the housing market in more than a decade, and a new report blames it on rising student loan debt.
14 years ago
35-percent surge: Economist makes bold statement
Home values could surge 35 percent without stretching housing affordability, Raj Dosaj, vice president of the home price index at LPS Applied Analytics, said during a recent webinar hosted by HousingWire.
14 years ago
$3.7 billion in ‘robosigning’ payments to begin in April
Homeowners who faced a wrongful foreclosure will receive compensation from lenders in amounts ranging from a few hundred dollars up to $125,000 beginning in April, federal regulators revealed.
14 years ago
The worst colors to paint your home
If interior painting is on your list of spring projects, think twice about what you put on the walls.
14 years ago
Sequester to have minimal effect on mortgage finance
The across-the-board budget cuts enacted into law in 2011 to reduce the federal deficit take effect Friday, March 1, absent additional action by the government.
14 years ago
Those that bailed now want back in market
Former homeowners who once walked away from their homes in a move called "strategic default" are back on the market, eager to buy a home again.
14 years ago
Baby break? HUD probes mortgage complaints
The Department of Housing and Urban Development says it is investigating dozens of complaints that mortgage lenders are allegedly denying or delaying loans because a woman is on maternity leave.
14 years ago
FHA no longer will drop mortgage insurance premiums
As of June 3, 2013, most FHA loans will again require mortgage insurance for the life of the loan.
14 years ago
Hold off on baked cookies when selling says WSU research
Home shoppers have long paid attention to the smell of a home, but new research suggests that some common scents can actually be a drawback.
14 years ago
Zillow rolls out new mobile tool for rentals
Seattle-based Zillow announced the launch of Zillow Rentals on iPad, specifically designed to help consumers shop for apartment rentals and single-family home rentals.
14 years ago
If a meteor hits your home, who pays?
After a meteor struck western Siberia and more meteors threatened the entire globe last week, CNNMoney asked the question: Who pays for damage to a home if hit by a space object?
14 years ago
Turnaround: Builders finding land in short supply
As the housing market heats up, home builders are going after open land.
14 years ago
Second-home buyers face tighter loan market
Qualifying for a loan isn't easy for most borrowers nowadays but it's particularly difficult for vacation-homebuyers who are finding tougher underwriting requirements and other obstacles.
14 years ago
Seattle No. 10 on Zip’s top markets for sellers
ZipRealty, a real estate brokerage company, is finding more housing markets starting to tilt in sellers' favors.