Tag Archives: Mortgages

Credit, Mortgages and Your Ability to Buy a Home: It Doesn’t Have to Be Scary

The subprime mortgage crisis is still a wound that hasn’t fully healed for many Americans, serving as a cautionary tales against buying a home, the fact that millions of people lost their homes is hard to forget, and many who … Continue reading

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Minimum Wage in U.S. Cities Not Enough to Afford Rent, Report Says

Around the country, renter households would need to make $19.35 an hour working full time to afford a two-bedroom unit, which is $4 more than the estimated average wage of U.S. workers, according to the report released Tuesday by the … Continue reading

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New TransUnion Study Finds Student Loan Impact May Be Overblown

Despite an unprecedented rise in student-loan balances over the past decade, a new TransUnion study found that student loan obligations have not inhibited younger consumers’ ability to access and repay other consumer credit categories such as auto loans and mortgages when compared to … Continue reading

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Homeowners Win U.S. High Court Clash on Canceling Mortgages

The U.S. Supreme Court gave homeowners more ability to cancel their mortgages if lenders don’t provide the required disclosures, in a setback for the banking industry. Click here to read article.

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Interest Rates: A History

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