Boomerang Buyers – Bringing Back the Housing Market?

According to the Detroit News, housing experts are predicting that many foreclosure sufferers may soon be able to be homebuyers again in 2014. This growing group of bounce-back adults is now coined the “boomerang buyer.” Revisions made over the summer to Federal Housing Administration guidelines and...

New Break for Unemployed Homeowners

The Obama administration is making it easier for out-of-work homeowners to stay in their homes. As of August 1, the Federal Housing Administration will extend the period for unemployed homeowners to miss mortgage payments to a full year instead of three months. You read that right....