Mortgages Will be Easier to Obtain in 2015

The tight lending market for mortgages is about to change. That’s because Fannie Mae and Freddie Mac, the two government-backed mortgage giants tha own top a majority of mortgages, have put new lending guidelines in place that should make it easier for borrowers to secure loans. Not only are the two agencies lowering the down […] Read more »

November Real Estate in Louisville

U.S. and Louisville housing starts and permits fell in November, but the underlying trend for new homes remained consistent with an improving Real Estate market. New groundbreaking declined 1.6 percent to a seasonally adjusted annual 1.028 million-unit pace, the Commerce Department said on Tuesday. November’s new housing starts were revised up to a 1.045 million-unit rate. Upward revisions to the previous month’s […] Read more »

Real Estate Prices Rose in October

Real estate data provider CoreLogic said Tuesday that real estate prices increased a whopping 6.1 percent in October compared to October 2013. That was up also from September’s year-over-year increase of 5.6 percent.  Still, home values are rising more slowly than they were earlier this year, when 12-month gains were averaging 11%-12%. The price momentum began to tail […] Read more »