Unlike car insurance, homeowners insurance isn’t required by law, but if you finance your home through a mortgage lender, the lender usually requires it. It protects your home, its contents, and, indirectly, your other assets in the event of fire, theft, accidents or other disasters. Homeowners insurance is like a parachute. Most of the time, […]

WASHINGTON — Americans bought slightly more new homes in October, a hopeful sign for the troubled housing market. But the median sales price fell to its lowest level of the year, and the overall sales pace is trailing last year’s – the worst in half a century. RELATED: 10 Top Markets For Bargain Hunters The […]

Borrowers whose credit scores fall below standards are finding it easier to access a home loan, as lenders are once again welcoming subprime markets. Not since the financial crisis have lenders been willing to invest in buyers with questionable credit. According to reports, a number of private firms are becoming increasingly willing to accept alternative […]