Hub News

Nine of the 10 most expensive real estate markets in the United States are located in California, according to a new report by Caldwell Banker. Los Altos is at the top of the list, where the average price for a

Many veterans rely on VA home loans when looking into purchasing a home. And why not? “If you can qualify, the VA loan is the best program out there,” Darren Ferlisi, a loan officer with Integrity Home Mortgage Corp. in

Bank of America and US Bancorp have agreed to settle their mortgage-bond suit for $69 million, Bloomberg News is reporting. According to the news site, “Bank of America Corp. and US Bancorp (USB) agreed to pay $69 million to settle

The number of all-cash home sales declined in the third quarter of 2014, Mortgage News Daily is reporting. In the second quarter of the year, 36.9 percent of all transactions were dealt in all in cash, but that number dropped

According to Richard Smith, CEO of Realogy, two major factors need to change if we want to see more first-time homebuyers enter the real estate market. First, he says, the fees associated with FHA loans – the “traditional form of

According to a report by Bloomberg News, many more individuals have had their mortgage applications denied in recent months than ever before. “The biggest thing people are suffering from is the cost to manufacture a loan,” explained Clem Ziroli, president

First-time homebuyers make up just 33% percent of the current real estate market, according to a new report released by the National Association of Realtors on Monday. That number is the lowest point in nearly three decades, since 1987. “Rising

According to a report by RealtyTrac, the issue of affordability in housing is measured very differently today than it used to be. “A real estate market that should be flying high is instead a real estate market that is faltering,”