Loans USA News ~ Nov 2013

New Lifeline for Home Buyers
November 7, 2013

By Nick Timiraos – The Wall Street Journal

 The Obama administration wants to create a mortgage market that is more forgiving to borrowers who lost their homes due to the recession, an effort that could widen the pool of potential homeowners.

A recent rule change lets more

Forget Affordability: Housing’s Trends Signal A Bright Future
November 6, 2013

John S. Tobey, Contributor, Forbes

 It seems that whenever something happens in the housing market, a flock of articles pop up explaining why the signs are ominous and housing is destined to flounder. To me, the oddest one has to do with existing home sales this year. Prices have risen, more