Finance & Mortgage

US Most Expensive Cities: Affordability Goes From Bad to Worse

It would be nearly impossible for renters to buy their first homes in the most expensive cities in the U.S., based on the first Mortgage Affordability Report from National Realtors Association.

Find Out If You Are Ready for Refinancing

In simple terms, refinancing is asking a lender to reconstruct your existing mortgage terms to obtain a more favorable one. While you get to have new mortgage terms, your original loan is also paid off in the process.

Foreclosures Rate At Its Lowest Since 2006, RealtyTrac Reveals

RealtyTrac, a leading supplier of U.S. real estate data, has recently released its U.S. Foreclosure Market Report for February 2015.