Tag Archives: economy

Young Renters Are Looking to Become Young Buyers

Young Buyers Danville, CA

A National Association of REALTORS study has shown that young renters want to become homeowners. In a recent study done by the National Association of REALTORS, 83 percent of renters 34 years old or younger want to own a home. In fact, more than 75 percent of them say that owning a home is part of their

Federal Rates Stay Low, Keeping Mortgage Rates Down

Mortgage Rates Danville CA

Federal Rates Impact Mortgage Rates, Stay Consistent For Now The benchmark federal funds rate—determined by the Federal Reserve—impacts the lives of every American. This rate is used to determine how much borrowed money will cost to the consumer; in other words, how much you can expect to pay when you take out a loan. In

A Vision for the Future of Fannie and Freddie

The Crisis Because of extensive damage to the lending industry, the backdrop to the modern mortgage deal has shifted. Prior to the crisis, lenders were cautiously liberal. Possibly, the prevailing philosophy was that a healthy batch of indebted consumers was necessary for a healthy economy. In those days, housing and finance laws reflected a hands-off