One of the essential lessons most of us are taught early in life is the importance of developing a sense of financial responsibility.
Work hard to earn a good paycheck. Don’t spend more than you can afford. Save for the future.
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A new federal rule that would charge higher fees to home buyers with good credit to help subsidize those with poor credit goes into effect Monday.
The Federal Housing Finance Agency announced in January it would increase Loan-Level Price Adjustment fees for mortgage borrowers with higher credit scores to help keep fees lower for those with worse credit.
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Empower Oversight, a nonprofit and nonpartisan organization with the goal of enhancing oversight of government, won an appeal for six Freedom of Information Act (FOIA) requests, allowing the group to access documents previously undisclosed.
The organization sought documents related to multiple reports of misconduct in the Federal Housing Finance Agency Office of Inspector General (FHFA-OIG).
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Home prices reached record highs in April as the housing market continued to boom, with home prices in areas around cities climbing at the fastest rate on record.
Average home prices in metropolitan areas, measured by the S&P CoreLogic Case-Shiller National Home Price Index, rose 14.6% between April 2020 and April 2021, according to an analysis released Tuesday. The increase is the highest annual rate of housing price growth the index has measured, according to The Wall Street Journal.
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