Prior to the recession, many homeowners were able to take advantage of generous lending options that often included financing as much as 100 percent of a home’s value. While this is great for a potential homebuyer who doesn’t have the money for a large down payment, it was risky for lenders. When the recession hit…
Read MoreThe median price of a home sold in the U.S. in early 2016 was $188,900. While that might buy you a small castle in some housing markets, in others you will need to borrow a lot more just to get a place big enough for your family to call home. Borrowers that plan on taking…
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