Chester County News and Community Website
SEATTLE, WA — In June, the typical down payment for U.S. homebuyers reached a new record of $67,500, marking a 14.8% increase from $58,788 the previous year, according to a recent …
Sky-High Down Payments Hit Homebuyers’ Wallets: A Record-Breaking Shockwave Read More
SEATTLE, WA — In a surprising shift, the median U.S. monthly mortgage payment has dropped to $2,587 for the four weeks ending August 18, marking its lowest point since February. …
Decline in U.S. Mortgage Payments Sparks Renewed Buyer Interest Read More
SEATTLE, WA — Investor activity in the U.S. housing market is on the rise, according to a new report from Redfin, the technology-driven real estate brokerage. Investor purchases of homes increased …
Investor Purchases of U.S. Homes See Significant Increase in Q2 2024 Read More
SEATTLE, WA — The latest report from Redfin reveals a nuanced picture of the current housing market. As of the four weeks ending August 11, the typical buyer’s monthly housing …
Redfin Report Highlights Evolving Housing Market Trends Read More
HARRISBURG, PA — Attorney General Michelle Henry has announced that nearly 6,500 consumers who did business with Progressive Leasing or Community Loans of America have started receiving restitution checks. The …
Attorney General Announces Restitution for Consumers Affected by Unlawful Lending Practices Read More
WASHINGTON, D.C. — The U.S. Small Business Administration (SBA) recently announced that SBA 7(a) lenders may now begin accepting applications for the newly-introduced 7(a) Working Capital Pilot (WCP) Program. This …
SBA Launches New 7(a) Working Capital Pilot Program Read More
IRVINE, CA — ATTOM has released its second quarter 2024 U.S. Home Equity & Underwater Report, revealing that nearly half of mortgaged residential properties in the United States are now …
2024 U.S. Housing Market: Surging Equity and Declining Underwater Mortgages – A Comprehensive Report Read More
SEATTLE, WA — The median U.S. home-sale price soared to an all-time high of $397,482 in the four weeks ending July 7, marking a 4.7% increase from the previous year, …
U.S. Home Sale Prices Hit Record High Despite Cooling Market Read More
WASHINGTON, D.C. — In a move to enhance accessibility, the U.S. Department of Housing and Urban Development (HUD) has announced the availability of translated versions of 19 single-family mortgage documents …
HUD Expands Language Access for FHA Mortgage Documents Read More
HARRISBURG, PA — Attorney General Michelle Henry announced a settlement this week with SoLo Funds, Inc., a California-based lending platform accused of deceptive practices that misled borrowers into paying inflated …
Pennsylvania Attorney General Settles with SoLo Funds Over Deceptive Loan Practices Read More