Fannie Mae: Mortgage lenders unnecessarily restrict credit

Fannie Mae: Mortgage lenders unnecessarily restrict credit

Higher credit scores, additional documentation most common

Homeownership rate drops to 48-year low

Despite record sales, fewer Americans own homes

Case-Shiller: Home prices continue rising in May but stall on monthly basis

First-time buyers still weak; Growth to slow over next 2 years
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Real Estate

Jumbo loan availability lifts Chicago housing

Prices, home sales rise as the product stages a comeback
Lower conforming loan limits made it difficult for move-up buyers in Chicago to access loans in the wake of the housing meltdown, but that all changed in 2013 when the jumbo loan product returned to the market.
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