Finance & Mortgage

Financing a Vacation Home: What You'll Need

More and more Americans are investing their hard-earned money in a vacation home. This type of property is the real estate dream. Imagine owning a property in your favorite place which you can come home to when you need an escape from the pressures of your busy life. As a matter of fact, the phrase "vacation home" alone can make anyone feel excited and giddy.

Housing Affordability Remains a Challenge in 2016, says the Federal National Mortgage Association

In 2016, the US economy will continue to thrive, mortgage lending standards will ease and household income will increase, but housing affordability will remain to be a challenge due to the continued rise of home prices, said a new report from the Federal National Mortgage Association (Fannie Mae).

Rent-to-Own Properties Pose Risks for Investors, says Kroll Bond Rating Agency

Last week, a report highlighted rent-to-own properties as the future of the housing market but a new report from Kroll Bond Rating Agency threw a wet blanket onto anyone who was ecstatic about the new trend.
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