Although credit requirements for obtaining a mortgage are quite lax now compared to a decade ago, there are still plenty of potential buyers struggling to raise their credit scores enough for a traditional low-interest mortgage. A recent statement from the CDIA, or Consumer Data Industry Association, which is responsible for representing all three credit bureaus,… [Read More]
The Housing Market Slump Still Exists in Some Locations
During 2016, home values climbed in 96 out of the 100 biggest metro areas across the country. This is great news for the US economy, but there are a few places where the housing market slump still exists. Even as home prices continue to soar to near-record highs, sellers in other parts of the country… [Read More]