Borrower's Outlook
LenderStreet's columnists (that's us over there) join forces with lenders in your area to keep tabs on the mortgage market. Together we offer timely insights toward a positive loan experience.
Apr
08
2011
The numbers are in ladies and gentlemen, and things aren’t too pretty for the housing market. After reading a brief AdAge stat card report on the latest census and how it affects marketers, it appears that the housing market collapse was well documented.
Check out what else the 2010 Census had to say about our current housing climate!
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So what does this mean for you, the borrower? If you are borrowing from a juggernaut organization like Freddie Mae or Fannie Mac, need not worry. Both Mae and Mac are only under a federal government guardianship of sorts and are still, “legally separate from the federal government.”
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Feb
25
2011
Just remember that if you're trading up, make sure it's a move that you can afford. Just like you figured out with your starter home that you were going to be able to afford the mortgage...
Read more about what financial experts have to say on buying your home in today's market.
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