Nov 14, 2011 10:56AM According to a recent survey by the National Association of Realtors® (NAR), the typical U.S. homebuyer spent less and borrowed less in 2011. These and other metrics of home buying were gathered in the NAR's annual Profile of Home Buyers and Sellers released Friday at the Realtors' 2011 Conference and Expo in Anaheim, California. The survey behind the Profile has been conducted for many years by way of a survey instrument mailed to recent home buyers. Because the purchased properties are not... Nov 14, 2011 12:33PM If they hold to their original schedule, the Federal Housing Finance Agency (FHFA) along with Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) which it holds in conservatorship, will be releasing guidance on the new version of HARP on Tuesday. On October 24 President Obama announced expansion of HARP, the Home Affordable Refinance Program in hopes it might reach a larger audience. HARP was designed to help borrowers who are current on their existing mortgage but underwater...
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