The New Homebuyer: More Credit Savvy (via Credit.com)
Not exactly a Nobel-worthy finding, but a recent Federal Reserve analysis of homebuying data helps clarify our collective improvement. Current homebuyers are more creditworthy on average than at any point in the last 12 years. Researchers who combed through the most recent Home Mortgage Disclosure…
Twice as Many Single Women Buy Homes as Single Men (via 21C Woman)
Home buying by single women has skyrocketed over the past ten years. Single women are responsible for more than one third of the growth in real estate ownership since 1994, and more than 20% of all home buyers today are single woman. That is twice as many single women as single men buying homes. Why…
Current Mortgage Rates for Monday, November 5, 2012 (via Total Mortgage Services)
Mortgage pricing is improving this morning following a late improvement in mortgage rates following somewhat positive economic news last week. Normally we would expect good economic data to cause mortgage rates to rise, but given events in Europe, tomorrow’s election, and the general climate of…
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