Home ownership continues to be at the top of an average American’s wish list. However, for most of the American families, owning a home is more of a dream than reality, the biggest barrier being the need to pay a hefty down payment at the
Of late, the U.S. housing market has been quite unfavorable to the interests of homebuyers. One of the key symptoms of the unhealthy U.S. housing market is the surging rate of foreclosures. According to housing experts, mounting non-mortgage debt and stagnant wages are the key
4506-T form is filled when an individual or a business needs a transcript of tax return for past years from the Internal Revenue Service (IRS). One can request the transcript to be sent to himself/herself or to a third party. Form 4506-T can be easily
U.S. housing market is witnessing a fall in the mortgage rate consecutively for 6 weeks. Now when interest rates are at a new low, foreclosure home inventory is surging like never before. As per foreclosure report of RealtyTrac for Jan’14, 1 in every 1,058 homes
Average 30 year fixed mortgage rate slipped from 4.14% to 4.12% last week. Average 15 year fixed mortgage rate plummeted as well, from 3.25% to 3.21%. This is the fifth straight week of U.S. mortgage rates continuing to tumble down. The housing analysts are attributing this