Will homebuying become unaffordable in two years?

Will homebuying become unaffordable in two years?

With the right economic conditions, in two years, home affordability could get close to the same level seen before the financial crisis, making it difficult for people to afford a home.

Black Knight Financial Services' most recent Mortgage Monitor Report, which is based on data as of the end of December 2015, said that home prices have increased year-over-year for 43 consecutive months.

Read More

Your Worst Nightmare: Title Company Closes After Lawyer Owner Absconds With Funds

Your Worst Nightmare: Title Company Closes After Lawyer Owner Absconds With Funds

What's in a name? Everything.

It’s kind of your worst nightmare: you buy a house, and park your funds with a Title Company, who executes the transaction and writes you a title policy to guarantee ownership and title of your most expensive asset, your home. Piece of cake, right?

But in a rare case, Texas insurance regulators have taken over a North Texas title company amid allegations the owner disappeared with millions of dollars of consumer’s money.

Read More