We’ve all been watching closely: how’s the market doing? Every day a new dispatch comes from the front lines: pending sales are up, mortgage rates are down—no, they’re up! no, they’re steady—inventory is too high, foreclosures are slowing—no, they’re up! no, they’re down. It’s a roller coaster out there. Except in the bubble of Ann [...]

Leveling the Playing Field: In a victory for home buyers everywhere, Wells Fargo & Co. is the first major lender to lower credit score requirements for FHA mortgages. Borrowers with FICO scores as low as 500 could qualify for a mortgage based on the newly revised lending standards. A FICO score of at least 600 [...]