More than three years after the mortgage crisis began, some lenders are still selling loans to Fannie Mae and Freddie Mac without properly verifying borrowers’ ability to pay…

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Freddie Mac: Mortgage rates reverse course from last week’s low

This week, the average U.S. fixed rate for a 30-year mortgage jumped to 3.69%. That’s still more than a percentage point lower than the 4.85% of the year-earlier week.

Oct 17, 2019 By

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Harvard: Number of cost-burdened senior households hits all-time high

Over the next two decades, households in their 80s will be the fastest-growing age group, according to a recent study by the Joint Center for Housing Studies of Harvard University. With the increase in numbers of households 65 and over, the study noted that a widening gap in housing inequality is becoming more apparent.

Oct 17, 2019 By