Mortgage Delinquencies Fall In All States

All signs are pointing toward improvement, as a new report from TransUnion shows that mortgage delinquencies have decreased in all 50 states and the District of Columbia from last year. President Obama recently said that the housing market is “healing” as...

U.S. Trade Gap Falls

Spring of 2013 showed positive results for the growth of the economy. According to the Commerce Department, the U.S. trade gap decreased more than 22%, the lowest level seen since October of 2009. American exports jumped 2.2%, averaging a record high of $191.2...

Boomerang Buyers Double From 2012

An increasing number of Americans who lost their homes during the recession are making great strides and becoming homeowners once again. According to national housing industry research firm, John Burns, approximately one in ten home buyers in 2013 have experienced...

Mortgage Rates Increase

Mortgage rates jumped this week from last week’s decrease. Though rates have increased, they are still considered low compared to past records. The average 30-year loan jumped 0.08% this week while the average 15-year fixed loan rose 0.04% from last week...

Housing Market Growing Faster Than Economy

Home prices have soared across the 20 major cities in the United States. In May 2013, home sales jumped 12.2% from May 2012, the largest annual gain since March 2006. Many economists say the housing market is showing great signs of growth, but that does not...