Finance & Mortgage

U.S. Renters Least Prioritize Down Payments for a Home

A low percentage of homeowners opting to pay a downpayment is evident in the latest Freddie Mac Online Survey. And only 39% of the online takers think that a down payment is a vital part of their savings.

U.S. Foreclosures At Record Low Since 2005

Mortgage Banker's Association's National Delinquency Survey showed a seasonally adjusted rate decrease of 4.99 percent in overall outstanding loans for one-to-four-unit residential properties at the end of 2015's third quarter; the lowest since the first quarter of 2007. The delinquency rate plummeted 31 basis points from the previous quarter, and 86 basis points from a year ago, World Property Journal reports.

Online Real Estate Boosts Growth for Small Startups

The interest in the real estate business is evidently flourishing online and there is a dramatic possibility of increase in the near future with the potential data brought by buyers and sellers.
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