US Construction spending

The U.S. Commerce Department announced this week that growth in home building pushed construction spending to the highest levels since December 2007 when the Great Recession began. The report, released …

To Buy Or Not To Buy

Deciding whether to rent or buy your next home will come down to a number of different factors. First of all, timing and availability of funds will make a huge …

A better way to reach homeowners

In 2005, Freddie Mac launched a program to help delinquent borrowers understand their options, obtain counseling, and get back on-track to help prevent even more financial trouble in their lives. …

How the Fed influences interest rates

The Federal Reserve (or “the Fed”) elected not to raise the Federal Funds Rate during its October 2015 meeting. The Fed announced that it wants to see additional improvement in …

How To Shop Mortgage Rates

When contemplating a substantial purchase, researching for the best price is typically the best course of action. We shop prices for a car, and should do the same when looking …

Understanding “Know Before You Owe”

New rules from the Consumer Financial Protection Bureau (CFPB) went into effect October 3. The new rules, coined “Know Before You Owe,” are designed to simplify the process for borrowers …