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How is the 2016 housing market shaping up? According to at least one expert source it's looking good! According to mortgage investing giant Freddie Mac, fewer mortgage delinquencies, paired with stronger home purchase applications and a growing economy point to a favorable year for housing. This is good news for buyers, sellers, homeowners and real estate professionals.
HousingWire recently reported on a national company under scrutiny - and paying the price - for allegedly deceptive marketing tactics. The investigation and resulting lawsuit centers around biweekly mortgage payment services. This is something we've covered in the past. Bi-Weekly Mortgage Payment Services: Scam or Service?
There's a lot of housing market news in the media today that centers on Fannie Mae and Freddie Mac, and the government's response to the housing crisis of the mid-2000's. In fact, AmeriFirst has already answered the question "Are Freddie Mac and Fannie Mae profitable?" In essence, yes they are.