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Polk County

A Homebuyer’s Guide to Federal Policy on Mortgage Lending

Buying a home can get intense, and you can easily feel intimidated by the lending process and closing requirements. Federal policies affecting mortgage lending has seen many changes in the wake of the subprime mortgage crisis that began in 2007, putting a stronger focus on eliminating predatory lending and increasing transparency for the borrower. Hearing…

Can You Actually Turn a Profit Flipping Homes in Today’s Market?

Back in 2012, house flipping seemed like the perfect opportunity for a person with extra cash and an eye for remodeling. The market was flush with homes left vacant from waves of foreclosures prompted by the housing bubble that burst a few years earlier. You could buy a home from a bank, make any necessary…

Sales of new homes race to nearly a 9-year high

-Reuters 24 August 2016 New U.S. single-family home sales unexpectedly rose in July, reaching their highest level in nearly nine years as demand increased broadly, brightening the housing market outlook. The Commerce Department said on Tuesday new home sales surged 12.4 percent to a seasonally adjusted annual rate of 654,000 units last month, the highest…

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