Jeff Lazerson

After the soot is cleared, one of the first things homeowners need to think about and to do is hire an architect.

Deferred maintenance at older communities often means no insurance and no finance backing.

A “grant” is important to note because the borrower doesn’t have to pay them back.

Removing loan level pricing adjustments or LLPAs could reduce rates for certain homebuyers.

California has 685 condo complexes on the blacklist, which makes getting government-backed loans nearly impossible.

If your middle FICO score is 619, you will be denied for a conventional loan because the minimum required FICO is 620.

Homeowners with larger loans jumped first, as the average loan size on refinances reached its highest level in the 35-year history of the Mortgage Bankers Association survey.

Out of all of his ideas, requiring Fannie Mae and Freddie Mac to buy $200 billion of mortgage-backed securities was his best step in the right direction.

“People don’t buy homes when they are worried about the job market,” says Mark Vitner, chief economist at Piedmont Crescent Capital.

The average buyer spent four times more than expected on homebuying related costs.