Freddie Mac Offers Free Online Tutorial

Freddie Mac is now offering a free, online CreditSmart® tutorial to provide working families and new or inexperienced borrowers with basic sound information about building savings, personal credit, and making wise financial choices. CreditSmart® is a comprehensive,...

Lenders Believe Housing Recovery is Real

In its quarterly survey of U.S. bank risk professionals, FICO  found lenders more bullish on the housing recovery than at any point in three years, with 71 percent of respondents saying home prices are “rising at a sustainable pace” in the context of mortgage lending...

Pending Home Sales on the Rise

According to the National Association of REALTORS, Pending home sales rose in January, and have been above year-ago levels for the past 21 months. NAR Chief Economist Lawrence Yun explains: “Favorable affordability conditions and job growth have unleashed a...