Kids hold the key to homebuying
Even though parents are the ones who are paying for a home, kids are often the ultimate decision-makers when it comes to buying.
Foreclosures steadily declining
Foreclosure activity has been improving since the recession and April recorded the fewest number of completed foreclosures since 2007.
Massachusetts suing Fannie Mae and Freddie Mac
Massachusetts has taken the steps to sue government-sponsored enterprises Fannie Mae and Freddie Mac, after the two organizations have blocked the approval of the state's foreclosure buyback program, according to Reuters.
Cash deals for real estate popular for baby boomers
Cash deals for homes are becoming more popular for retiring baby boomers opposed to taking out a new mortgage, according to Bloomberg.
Home price gains have taken on a more controlled pace
Home prices are still increasing in many parts of the country, but according to at least one major real estate data analysis service, they're doing so in a healthier, more sustainable fashion.
Home builder confidence up in June
Home builder confidence rose in June, but still fell a bit under expectations, a sign that potential buyers may be backing away from the market for the time being.
Taking out a HELOC for a summer project
With the temperature heating up, your members may want to start a summer project.
FHFA pushing HARP
Credit unions who are trying to help members find financing for their homes may want to look into the Home Affordable Refinance Program.
CFPB outlined new rules for inherited mortgages
The passing of a loved one can be a trying time for someone and a complicated time for lenders and credit unions.
Credit unions should focus on first-time homebuyers
Credit unions should focus on first-time homebuyers because they're in the position to provide more than financial support, and it's an opportunity to creating lasting relationships.
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