Even though parents are the ones who are paying for a home, kids are often the ultimate decision-makers when it comes to buying.
Foreclosure activity has been improving since the recession and April recorded the fewest number of completed foreclosures since 2007.
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 homes are becoming more popular for retiring baby boomers opposed to taking out a new mortgage, according to Bloomberg.
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 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.
With the temperature heating up, your members may want to start a summer project.
Credit unions who are trying to help members find financing for their homes may want to look into the Home Affordable Refinance Program.
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 because they're in the position to provide more than financial support, and it's an opportunity to creating lasting relationships.