Bloomberg They called it “Gucci Gulch.” All throughout 1986, while legislators hammered out the biggest tax reform package in American history, special-interest groups and their expensively-shod lawyers gathered in the halls of Congress, trying to make sure their concerns were reflected in the policy being drafted. A popular book immortalizedRead More →

Borrowers who come to the table with lower credit scores can find that their mortgage loan costs more because of their bad credit scores. This is true for first-time buyers as well as people buying second or third homes. A loan costs someone with a bad credit score more becauseRead More →

Getty Images Homes in a suburban neighborhood of Pittsburgh Rates for home loans rose slightly, squelching borrower enthusiasm even as the long-term outlook for rates remained upbeat for buyers. The 30-year fixed-rate mortgage averaged 4.41% in the March 7 week, mortgage guarantor Freddie Mac said Thursday. That was up sixRead More →

iStockphoto Row of colorful homes in Issaquah, Washington. The numbers: The S&P CoreLogic Case-Shiller 20-city index rose a seasonally adjusted 0.2% in December compared to November and was 4.2% higher compared to a year ago. That was the slowest pace of annual growth since November 2014. What happened: Home priceRead More →

Looking to buy a home? You might want to relocate to Virginia Beach, Va. The metropolitan area ranked as the No. 1 home buyer market in the country, according to a study from online real-estate brokerage Owners.com ASPS, +1.66% The report analyzed the housing markets in metropolitan areas with moreRead More →