Loans USA News ~ May 2014

Small Business Optimism Hit Post-Recession High in April
May 16, 2014

WASHINGTON, D.C. (MAY 14, 2014)

The National Federation of Independent Busin......read more

Is the cure for too much paperwork more paperwork?
May 14, 2014

Regulators issue lengthy plan to simplify mortgage closings

By Daniel Goldstein 

The U.S. government says it has found the solution to cut down on mortgage paperwork — and they squeezed......read more

Lenders Put a Postcrisis Twist on the Adjustable-Rate Mortgage
May 6, 2014

 

With interest rates climbing from the record lows of the last few years, adjustable-rate mortgages are making a comeback – with a variation known as the 5/5 getting special buzz.

ARM volume typically picks up when fixed rates ......read more

Homeownership Rate Declines to the Lowest Since 1995
May 1, 2014

The homeownership rate declined to the lowest in almost 19 years as rising property prices and mortgage rates held back demand.

The share of Americans who own their homes was 64.8% in the first quarter, down from 65.2% in the previous three months, the Census Bureau said ......read more