Foreclosures on the Rise – S.S./Foreclosures

This is not the best foreclosure news to share, but there’s hope. “Starts in foreclosure proceedings ticked up for the first time in more than two years, according to housing data firm RealtyTrac, as government-sponsored loan modifications began readjusting their interest rates earlier this year and as some lenders are beginning to lend to higher-risk…

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Mortgage Is Getting Easier – Mortgages

Everything you ever thought about the concept of mortgages is about to be flipped and twisted. “For years now, if you didn’t have near perfect credit and a hefty 20% down payment, chances were slim that lenders would give you a mortgage. But that’s all about to change. That’s because Fannie Mae and Freddie Mac,…

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