Author: Nneka Madus

In the Market: New flexibility on down payments

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
Contractor wearing hardhat and bright yellow jacket working on the stone siding of a house.

The government has OK’d a plan to offer mortgages with a down payment of as little as 3% of the purchase price.

Read More ›

In the Market: A bonus from low gas prices

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
Woman at gas station using her credit card at the pump.

The falling price of oil is playing a role in driving down mortgage rates; this may likely keep rates low well into 2015.

Read More ›

In the Market: Surprising data on rent spending

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
View of several high-rise apartment buildings, as seen from a high altitude.

Owning a home may now be twice as affordable as renting in some markets, according to a new Zillow report.

Read More ›

In the Market: Homes for the Holidays

Nneka Madus
Posted by Nneka Madus
Mortgage Market Analyst
Closeup of cooked turkey being taken out of home oven by red-mittened hands.

Many people probably don’t think of the holidays as an ideal time to search for a home.

Read More ›